Can DeFi Survive Without CeFi? Bitrue’s Hybrid Solution Might Be The Middlegr...
Decentralized finance has been crypto’s defining motif this year, thanks in no small part to the ascendance of token mining solutions popularly known as yield farming. However, despite billions of dollars of crypto assets being locked into DeFi protocols, it has still to be determined whether decentralized finance can realize the lofty goals that inspired its creation, like banking the unbanked and providing greater financial inclusion. What’s beyond dispute is that the legacy financial system […]
Related News
PRESS RELEASE. SURVIVE is going to revolutionize the Metaverse. It’s a hybrid between live-action and open-world games. Think of GTA 5, with a 3D Metaverse where you can play for free and earn money. SURVIVE is backed by NFT Global, a reputable NFT platform. This partnership is ready to disrupt the whole Metaverse game industry. Their goal is to create a game that will influence an entire generation and bring play-to-earn games into the mainstream. The collaboration between an experienced game developer team and an already existing crypto project (NFT Global) with a market cap of....
GMEX has acquired ING’s Pyctor business to connect CeFi and Defi amid the increasing demand for hybrid finance. ING Group, Dutch multinational banking and financial services corporation, has spun out its digital asset business Pyctor to multi-asset trading infrastructure firm GMEX.GMEX has acquired ING’s institutional-grade digital asset custody solution Pyctor in a multi-million dollar deal, the companies said in a joint announcement on Monday.The Pyctor offering compliments GMEX’s MultiHub service, an institutional cross-platform business launched last year with the mission to bridge the....
Data indicates DeFi could take a huge bite out of CeFi when it comes to the ether cryptocurrency.
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....
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....