In the attempt to contain the inflationary outbreak in the U.S. economy, the Federal Reserve’s monetary tightening by hiking interest rates will continue for some time. Recently, the U.S. central bank’s chair, Jerome Powell, made it clear that our present crypto winter was here to stay.
However, this is a good time for development in the crypto space.
The Near Foundation is committed to expanding its ecosystem of developers and project leads working on top of the Near blockchain. Its proof-of-stake blockchain has introduced a number of the scaling solutions that Ethereum developers have been working on for years. And there is great encouragement around decentralized finance (DeFi) development.
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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer is Jared Schwartz. The theme song is “Shepard.”