Can DeFi and CeFi coexist? Three takeaways from experts panel
Education, transparency and access were the key themes discussed by experts from across the crypto industry during a debate on whether CeFi and DeFi can coexist. As price action bewilders market makers and traders, experts in the crypto industry reached an agreement on several important points last week. Notably, centralized finance (CeFi) and decentralized finance (DeFi), can coexist, and a “blend” of financial products and services will be available to users in the future. On Jan. 21, Cointelegraph moderated the panel discussion, “Can CeFi and DeFi Coexist?” for the Global Blockchain....
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CeDeFi presents a new financial system and it should be built by using the best of each other, with DeFi leading and CeFi contributing. Decentralized finance, or DeFi, has established itself as a force capable of disrupting traditional systems. While DeFi still mostly keeps opposing itself to traditional finance, the centralized operators are actively looking for ways to integrate into the established system. The institutional interest pushes both decentralized and centralized participants to ask questions about DeFi, its role and a possible collaboration with centralized finance, or....
Data indicates DeFi could take a huge bite out of CeFi when it comes to the ether cryptocurrency.
CeFi and DeFi have a long way to go in order to effectively work together, but their combined efforts will help drive mass crypto adoption. The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation over whether decentralized finance is yet another bubble, I believe it is here to stay. How it stays, however, is another matter that depends on how DeFi handles ongoing hacks and other vulnerabilities, how centralized finance incorporates DeFi’s leading features and vice versa.DeFi....
A panel of crypto industry experts says now is the time to sell dogecoin. The majority of the experts expect DOGE to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” said one of the experts on the panel, blaming Tesla CEO Elon Musk for the popularity of the meme cryptocurrency. Expert Panel on Dogecoin Losing All Value Price comparison portal Finder updated its dogecoin (DOGE) price predictions Wednesday. The platform explained that it measures expert predictions of the future price of dogecoin using weekly and....
Decentralized technologies’ insiders shared their views on DeFi and the role, achievements and challenges the space faced in 2021. Tristan Frizza of Zeta Markets:Tristan is the core contributor to Zeta Markets, an under-collateralized DeFi derivatives platform, providing liquid derivatives trading to individuals and institutions alike.“We’ve seen a Cambrian explosion in the DeFi ecosystem in 2021, with peak TVL approaching $300 billion vs the 2020 peak of $21 billion. This sounds like the growth surely has to slow. Yet, DeFi still represents just a fraction of CeFi trading volumes.At Zeta,....