Hodler’s Digest, May 29-June 4

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week  Fed money printer goes into reverse: What does it mean for crypto?Over the last two years or so, the United States Federal Reserve has flooded the

Is education the key to curbing the rise of scammy, high APY projects?

[ad_1] Most people who have dealt with cryptocurrencies in any capacity over the last couple of years are well aware that there are many projects out there offering eye-popping annual percentage yields (APY) these days. In fact, many decentralized finance (DeFi) protocols that have been built using the proof-of-stake (PoS) consensus protocol offer ridiculous returns to their investors in return for them staking their native tokens. However, like most deals that