Gambling on random Pokémon cards: Onchain gagcha hits record high as crypto sinks

Users spent a record $324 million on onchain gacha in June, even as Bitcoin hit a 21-month low. The thrill of scoring a top Pokemon card from a random pack is becoming big business Read More at https://cointelegraph.com/features/pokemon-cards-as-rwas-gacha-spending-hits-records-as-crypto-sinks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

ARK pushes back against a16z’s ‘TradFi wants blockchain, not DeFi’ claim

ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of decentralized finance, saying institutions will increasingly rely on DeFi rails. Read More at https://cointelegraph.com/news/ark-sentora-a16zs-tradfi-blockchain-defi-thesis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound