Traditional Finance in Crisis: The Quiet Rise of Minimalism

In recent years, the financial market has been severely hit by aggressive interest rate hikes in the United States. Amidst rapid interest rate hikes this March, many banks crashed overnight, including Silicon Valley Bank and First Republic Bank. The traditional finance sector, which seems to steadily develop, has suffered numerous issues as time goes by, yet meanwhile, minimalism has been on the quiet rise in the crypto industry.

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