Middle East Conflict Accelerates Shift to On-Chain Finance

A recent escalation in the Middle East conflict has highlighted the limitations of traditional financial markets, which operate on a limited schedule. While these markets were closed during the conflict, crypto markets continued to trade 24 hours a day.

The Bitwise CIO, Matt Hougan, noted that this event marked a turning point for the financial world, as crypto markets became the center of attention and activity during the crisis. He predicts that this will lead to faster adoption of blockchain technology by Wall Street institutions.