• Bitcoin DeFi is on the rise as Jack Dorsey's Square muscles into territory long held by ethereum

    12 days ago - By Business Insider

    Jack Dorsey in 2017.
    Rolf Vennenbernd/picture alliance via Getty Images
    Square CEO Jack Dorsey earlier this week announced his payments company was building a new DeFi business on bitcoin.
    Bitcoin DeFi is rising, albeit slowly, and could see significant gains from Square's entry into the space.
    So far, DeFi services have largely been built on ethereum.
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    Square CEO Jack Dorsey earlier this week announced his payments company was diving into the decentralized finance space. But he's not doing it on ethereum , the usual...
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