Why are billions pouring into DeFi and crypto? ’The actual technology hasn’t caught up to the valuations yet.’

<p>Investors have had a turbulent 2022, and cryptocurrency is no exception.</p> <p>According to industry tracker DefiLlama, as of Monday afternoon, approximately $163.4 billion was tied up in DeFi applications that involve crypto loans, sending crypto, or investing crypto, a 35% decrease from more than $252 billion in December 2021. According to DefiLlama, which collects and aggregates data on decentralised finance apps, the amount of money in DeFi has dropped by more than 12.5 percent in the last 24 hours alone...</p> <p>#cryptopirates #cryptocurrency #cryptoNews</p> <p>YouTube: https://www.youtube.com/c/CryptoPirates Web: cryptopirates.com.au Email: info@cryptopirates.com.au Telegram: @CryptoPiratesAustralia</p> <p>PayPal Donation: https://www.paypal.com/paypalme/cryptopirates</p> <p>BlockFi: https://blockfi.com/?ref=cc86230a Borrow cash, and buy or sell crypto. There are no hidden fees, no minimum balances, and no reason to wait.</p> <p>CoinSport: https://www.coinspot.com.au?affiliate=RJPZPV Buy, Sell & Swap Cryptocurrency The easiest way to buy Bitcoin (BTC) and a whole world of other digital currencies.</p>