ARK Invest Founder, CEO, and CIO, Cathie Wood replied to a Twitter thread discussing staking-as-a-service in the US with “US exchanges lose to foreign exchanges.”
The conversation started when Castle Island Ventures partner Nic Carter shared that “3rd party staking ban isn’t good for exchanges,” however, it is a “blessing in disguise” for the protocols.
According to Carter, Staking enables exchanges to become dominate nodes, allowing protocols to capture is the main reason behind PoS failure mo…
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Source: Cryptocurrency - investing.com
