The week between the Liberation Day announcement and the 90-day pause gave a good indication of where folks are at when it comes to huge news events that have potential impacts on crypto. Everyone approaches sudden downturns differently. Some use it as a buy-the-dip moment, some hunker down and prepare for the worst, and others adopt a wait-and-see mindset that allows them to think an action through before an immediate reaction. SKALE’s Jack O’Holleran would probably say he’s in the third camp, especially as an executive in the industry. “If you’re working in the crypto space, you’re making decisions that are short term, that impact days and weeks, but you also have to make decisions that impact months and quarters, and so you have to be planning ahead,” he told me. “And it frankly, makes things incredibly challenging, knowing that there are all these other variables outside of your control that you can’t accurately predict. You have to build volatility and variability into your plan.” I asked O’Holleran what he…
Posts published in “Crypto”
The Solana Policy Institute aims to reform DeFi’s shadowy reputation and ensure the space remains forefront in the minds of policymakers. When Solana debuted in 2020, it set out to dominate decentralized finance. Now, five years and more than eight billion transactions later, supporters of the so-called Ethereum killer have assumed a far more ambitious undertaking: conquering the halls of Congress. However, advocating for Solana on Capitol Hill—where DeFi still suffers from its association with money launderers and hackers, despite a growing embrace of crypto—won’t be easy. Founded in March, the policy arm of the second-largest layer-1 network by total-value locked aims to represent the many pseudonymous coders and founders building on Solana and other blockchains within the sprawling DeFi sector. DeFi is a catchall term that represents a wide array of crypto-driven, autonomous financial services that do not require centralized intermediaries like banks. The nonprofit will be helmed by President Kristin Smith—the outgoing Blockchain Association CEO—and CEO Miller Whitehouse-Levine, the one-time DeFi Education Fund Director. They’re two star lobbyists…