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For blockchain companies, innovation over intervention is the need of the hour

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economictimes.indiatimes.com

crypto world over the past few weeks is enough to make even the most enthusiastic Web 3 supporter take a step back and assess his position.

With Bitcoin diving to an 18-month-low and showing no signs of stopping anytime soon, crypto lenders such as Celsius halting transactions to curb the volatility amongst crypto assets and exchanges like Coinbase firing staff to keep itself steady, the outlook for the entire industry seems to have changed drastically from just a few months ago when products and technologies like NFTs and metaverse was on everybody’s minds.

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