“Orthogonal’s default showcases how uncollateralized loans in [decentralized finance] are still reliant on centralized parties for underwriting, antithetical to the ethos of transparency and decentralization,” Walter Teng, vice president of digital assets at market research firm Fundstrat, told CoinDesk.
Sony Buys Amber's Japan Unit to Enter the Crypto Market: Reports
Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit. Source link