With these tools you can seamlessly manage and track your entire DeFi portfolio with ease. Most of it supports popular networks such as Ethereum, Matic (Polygon), Binance Smart Chain (BSC) and Solana. Thankfully there are many DeFi portfolio trackers, aggregators where you can effectively manage, monitor and track all your DeFi portfolio from one place. If you are having a tough job trying to keep up with your DeFi investments then all you need is a DeFi net worth tracker or portfolio tracker also known as DeFi aggregator. If you are an investor in DeFi then you too might find it difficult to track all of your DeFi holdings. Users are looking for a solution to manage all their DeFi assets from one place where they can track their portfolio and positions on multiple blockchains and protocols. With DeFi growing at such an accelerating pace many investors are finding it tough to track the performance of their assets that are spread across multiple platforms. There are 100s of DeFi protocols available on Ethereum, Polygon, BSC (Binance Smart Chain) and Solana where you can choose to borrow, lend, stake, trade, market-make, insure and yield farm. It hit a mass interest in the recent times and a huge number of projects are being created everyday on various platforms. Similar to the ICO boom in 2017 this current cycle is all about Decentralized Finance (DeFi) which is evolving so quickly.ĭeFi ecosystem continues to grow at an impressive rate. Investing, borrowing, lending, insurance, derivatives, interest-bearing savings and a whole lot more. Today there are DeFi projects for all of the financial things that you can probably think of: On September 18, the UK’s Competition and Markets Authority raised concerns that AI is advancing too quickly and concluded that while the changes are happening too fast, it could have a significant impact on competition.Looking for DeFi portfolio trackers and portfolio managers? The following post is for you. In the United Kingdom, the competition regulator studied AI to identify its potential impact on competition and consumers. Meanwhile, due to growing concerns about the potential effects of AI, various jurisdictions across the globe have either begun regulating the technology or discussing the need for regulation. ![]() These are the first set of AI rules implemented within the country amidst the recent AI boom. The regulations were published on July 10 and were a joint effort between six of the country’s government agencies. On August 15, China’s provisional guidelines for AI activity and management were implemented. Brian Armstrong □️ September 22, 2023Ĭoinbase CEO suggested that the same should be applied to AI technology and also presented an alternative to regulation in terms of protecting the AI space. And the track record on regulation is that it has unintended consequences and kills competition/innovation, despite best… ![]() We need to make progress on it as fast as possible for many reasons (including national security). The Coinbase executive cited the internet as an example, stating that it would be better to “decentralize it and open source it to let the cat out of the bag.”Ĭount me as someone who believes AI should not be regulated Armstrong explained that regulation, despite regulators’ best intentions, “has unintended consequences.” He argued that it stifles innovation and competition.Īrmstrong believes there was a “golden age of innovation” on the internet and software because they were not regulated. The AI space needs to develop as soon as possible because of reasons such as national security. Brian Armstrong, CEO of the crypto exchange Coinbase, stated that decentralization and open-sourcing AI provide a better alternative to regulating the space.Ĭoinbase CEO Brian Armstrong believes that AI should not be regulated. ![]() Coinbase CEO, Brian Armstrong, expressed his stance on artificial intelligence (AI) regulation in a recent post on the social media platform X (formerly Twitter).
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