---
title: "Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined"
url: https://diffcoin.com/proof-of-ink-to-boost-web3-adoption-fed-rate-cut-could-spur-defi-summer-finance-redefined/
description: "Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by…"
published: 2024-08-23
updated: 2024-08-23
author: "Mila"
site: "Diffcoin"
---

# Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

[Source link](https://cointelegraph.com/news/proof-of-ink-boost-web3-adoption-fed-rate-cut-spur-defi-summer-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)