Decentralized finance is gradually becoming a mainstay in users’ daily lives worldwide. With the help of blockchain technology, DeFi is getting closer to replacing traditional financial methods and revolutionizing the finance industry. According to a Coinshares report, an institutional crypto investing platform, more than $9.3 billion in annual institutional inflow occurred in the cryptocurrency space […]
Most decentralized finance (DeFi) protocols aren’t truly decentralized, which means we need proper regulations in place to understand the inner workings of this emerging technology, according to European Parliament vice president Eva Kaili. In an exclusive interview with Cointelegraph at the World Economic Forum Annual Meeting in Davos, Switzerland, Kaili was asked to outline her […]
Reporting from the inaugural day of the Blockchain Hub Davos 2022 conference, Cointelegraph’s editor-in-chief, Kristina Lucrezia Cornèr hosted a panel discussion centred around decentralized finance (DeFi) titled ‘Programmable Money is Here — and It’s Changing the World as We Know It’. Panelists included Chief Partnership Officer of SwissBorg, Alexander Fazel; Global Markets Lead of Kraken […]
One little-noticed effect of the terraUSD (UST) collapse relates to Lido, a liquid staking protocol, Goldman Sachs (GS) said in a report Friday, and shows how the connections between decentralized finance (DeFi) applications amplify systemic risk. Lido is a DeFi app that allows ether (ETH) holders to set tokens aside to validate transactions while also […]
The head of emerging markets equity at Morgan Stanley Investment Management is not bullish on spot bitcoin ETFs, noting the importance of self-custodying digital assets. Amy Oldenburg noted during a panel at Blockworks’ Permissionless event in Palm Beach Thursday that ETFs investing directly in bitcoin are not necessarily a “solution” for greater adoption in the […]