This One Graph Shows Ether Going From CeFi to DeFi: Glassnode

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....

The collapse of crypto shadow banks like Celsius demonstrated just how problematic centralized, opaque finance can be, says Sunny Aggarwal of Osmosis DEX. Centralized finance platforms have taken a huge credibility hit due to poor risk controls, but decentralized finance protocols havent escaped unscathed either. So, is DeFi or CeFi likely to emerge stronger from this current period of turmoil, or is the future likely to see some sort of hybrid of the two? In November 2021, Zhu Su, co-founder and chief investment officer of hedge fund Three Arrows Capital (3AC), was a big name within the....

Binance CEO Changpeng ‘CZ’ Zhao made a confident assertion last July that decentralized finance, commonly referred to as DeFi, is poised to rise above centralized finance, or CeFi, in terms of prominence and significance within the financial landscape. According to his forward-looking perspective, this transformative shift is expected to materialize over the course of the […]

While the amount of ETH locked in DeFi protocols is up 75% since the start of 2020, the sum of Ether held on centralized exchanges has fallen by 30% over the same period. Ether is being locked up in decentralized finance contracts at an accelerating rate this year, while the amount held on centralized exchanges continues to fall.On May 7, on-chain analytics provider, Glassnode, shared a chart comparing the number of Ether deposited in Ethereum-based smart contracts to the number of ETH held on centralized exchanges over the past 17 months.Since the start of 2020, the share of supply....

The Messari report noted that more than $30 billion was raised from 1199 funding rounds in the first half of 2022. Despite the ongoing market slump, the crypto sector has already raised $30.3 billion in funds, outpacing an entire year of fundraising in 2021, a new report shows. In a report on Aug. 2 by crypto analytics firm Messari and Dove Metrics, the data shows that the $30.3 billion raised in centralized finance (CeFi), decentralized finance (DeFi), nonfungible tokens (NFTs), and infrastructure was achieved through 1199 funding rounds in H1 2022.The total amount of raised funds in the....