2023-2-16 20:30 |
Traditional banks and DeFi were once considered arch-rivals. But are banks now about to enter the DeFi space? The post Do Banks Now Have Their Sights Set on DeFi? appeared first on BeInCrypto. origin »
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Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new pricing models and operational efficiencies.
2023-1-6 18:26 | |
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The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.
2022-12-17 17:27 | |
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Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-16 00:54 | |
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Archblock’s and Adapt3r’s joint effort focuses on onboarding U.S.-regulated financial institutions and low-risk investments to decentralized finance protocols after a series of loan defaults.
2022-12-16 23:12 | |
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Users can receive cryptocurrency rewards through staking by either contributing assets to a pool or a contract, similar to how depositors get interest on their savings in conventional banks. Utilizing this concept, the new DeFi startup Oryen (ORY) is generating customers an incredible passive income through its Initial Coin Offering (ICO).
2022-12-7 03:57 | |
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Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.
2022-11-20 18:49 | |
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Decentralized Finance (DeFi) is one emerging sector in the crypto industry that has been in the limelight for a while. DeFi protocols offer users access to peer-to-peer digital exchanges, eliminating third-party involvement like banks.
2022-11-9 00:00 | |
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The Innovation Hub of the Bank for International Settlements (BIS) is leading a project to explore the use of Defi protocols to automate foreign exchange markets and settlement, CBDC payments via automated market makers (AMMs), according to a November 2 blog post.
2022-11-3 19:12 | |
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The banks involved in the pilot were DBS, JPMorgan, and SBI Digital Asset.
2022-11-2 08:44 | |
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Singapore has quietly been playing host to some of the most advanced explorations into cryptocurrency and decentralized finance (DeFi) ever done by big banks, institutions and regulators.
2022-11-2 07:05 | |
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A combination of centralization and decentralization is a perfect mix for the development of crypto and DeFi, according to a Swiss National Bank official.
2022-9-30 12:26 | |
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Federal Reserve (Fed) Chairman Jerome Powell has spoken at the Conference on Opportunities and Challenges of the tokenization of finance, hosted at the Louvre by the Banque de France. In his comments, the Fed chairman addressed the current “DeFi winter,” the utility of stablecoins, and reiterated that a dollar-based central bank digital currency was still … Continued The post Central Banks Will Always Be Source of Trust in Money, Says Fed Chair appeared first on BeInCrypto.
2022-9-28 20:30 | |
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Decentralized Finance (DeFi) is a financial system that allows its users the benefits of banking operations without going through banks or other intermediaries. The DeFi crypto market cap is over $50.
2022-9-21 17:00 | |
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Venture Capital arms of Kasikornbank PCL and Bank of Ayudhya PCL participated in Forward’s… The post Thailand’s top 2 banks invest in DeFi startup Forward appeared first on CoinJournal.
2022-9-13 17:46 | |
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Forward, a Thai digital asset and blockchain startup focusing on protocol development for decentralized derivative exchange and DeFi platform, has successfully closed its USD 5...
2022-9-13 10:22 | |
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Two of Thailand’s largest banks participated in the round, but the country also faces a major obstacle keeping its best tech talent.
2022-9-12 05:41 | |
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DeFi – Decentralized Finance deals away with intermediaries such as banks and organized banking systems. It takes away the control they have over funds and financial services. It’s a concept whereby users have absolute ownership and rights over their content and funds.
2022-9-8 17:00 | |
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Source Many people have high hopes for legitimizing decentralized finance through regulation. While that may be a possible outcome, the industry will need a native set of rules. Applying the same rules banks and institutions have to play by won’t do much good, given the alarming number of bank governance failings.
2022-8-24 20:18 | |
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Recent difficulties at Celsius, BlockFi, Babel, Vauld and Novi demonstrate the fundamental flaws of centralized finance (CeFi), and clearly demonstrate why centralized operators require far stronger regulatory oversight.
2022-7-11 16:30 | |
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Josh Reyes is the co-founder of the Minke, a DeFi platform that aims to be the easiest way to use DeFi via an app designed for mobile. Minke offers savings rates 40x higher than big banks.
2022-5-23 01:00 | |
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DeFi can usher in a system where people don’t have to pay international corporations 10% to send money home in the internet era of Web3.
2022-4-18 14:16 | |
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FIS’s client list of 6,400 asset managers, banks and brokers will have access to platforms like Aave Arc with more institution-friendly DeFi pathways to come.
2022-4-13 13:00 | |
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DeFi may allow banks to offer a wide range of services fast and efficiently, but in the end, these organizations will focus on their traditional, core strengths.
2022-4-12 16:30 | |
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Through the partnership, central banks launching CBDCs will now be able to use the Celo blockchain to enable end users to access DeFi products.
2022-4-8 19:55 | |
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Banks are no longer the only player in the financial industry, as decentralized finance builds authority and gains mainstream adoption.
2021-12-19 14:11 | |
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Anybody who has had to take out a loan knows that the process is often long and often includes humiliating strings attached to the loan. The current state of financial products is such that banks demaThe post ADALend: Unleashing DeFi potential in security and functionality appeared first on AMBCrypto.
2021-12-10 15:50 | |
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Decentralized finance technology allows you to raise revenue on the blockchain. So, no regulations and hassle of dealing with banks, brokerages, etc. Instead, the decentralized finance (DeFi) ecosystem entirely depends on blockchain smart contract dapps where you can directly deposit, withdraw and earn profits through yield farming without the involvement of a third party.
2021-11-23 08:41 | |
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Decentralized Finance or DeFi is the biggest trend in the crypto market! Gone are the days when people used to invest money in banks, the stock market, or any other centralized platform. Now, you can easily invest your money in cryptocurrency and earn great returns.
2021-11-17 16:03 | |
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Over the past months, we have seen tremendous growth in DeFi, and millions if not billions of dollars are being invested in it daily. DeFi can affect the way traditional banks operate and might even change the structure of the whole financial system in the future.
2021-10-29 13:13 | |
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Nium, an innovative API-based platform, will be the first to allow banks and other financial institutions to include crypto capacities in their apps. These will include the ability to hold, buy, and sell popular cryptos.
2021-10-25 12:01 | |
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DeFi stands for Decentralized finance. To this day, we have always used Centralized finance, where a central authority controls money flow. Banks and the government control it. That’s a type of system that is based on trust.
2021-10-1 18:51 | |
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BabyCake has a mission. Bring DeFi to the masses. The rate of crypto adoption in the world is growing, but the percentage of the world’s population who use it is still very small. Decentralized finance, which utilizes technologies to remove intermediaries, middlemen, and banks from financial markets, is a complicated system to enter into.
2021-10-1 09:46 | |
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DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks.
2021-9-28 15:22 | |
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Benoit Coeuré, Bank for International Settlements official and former member of the European Central Bank’s board of directors, said in a recent speech at an EuroFi event that stablecoins and DeFi in general were ‘challenging banks’ business models’ and authorities had to work on creating official digital assets quickly, highlighting growing fears in traditional financial […] The post Trust Token CEO: ‘DeFi is a transformation in finance’ appeared first on Invezz.
2021-9-22 22:05 | |
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The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system.
2021-9-17 15:39 | |
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DeFi is not an uncommon term in the current financial system due to its growing impacts on the financial market. It provides solutions to the limitations of traditional finance. It encourages an open and decentralized financial transaction that won’t depend on intermediaries, like banks, insurers, brokerages, or stock exchanges.
2021-7-29 15:26 | |
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Chainlink LINK/USD enables universally connected smart contracts, Polygon MATIC/USD is a platform built for Ethereum scaling and infrastructure development, and Solana SOL/USD is a project that banks on blockchain technology’s permissionless functionalities for decentralized finance (DeFi) solutions.
2021-7-27 22:56 | |
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Thailand’s oldest bank sees blockchain and DeFi as the future of global finance and is seeking to invest in the emerging digital landscape.
2021-7-25 13:07 | |
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Replacing banks and brokerages to be the middleman for buyers and sellers is one of the values that Decentralized finance (DeFi) Brings to the modern digital market. Almost every definition of DeFi noted the fact that financial services are made available without any centralized entity in charge.
2021-7-4 13:44 | |
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The battle for global consumer deposits is going to be the fight of the century. But to vanquish old-fashioned banks, the DeFi sector needs to up its game.
2021-6-25 12:42 | |
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Mark Cuban, an American billionaire investor, has high hopes for the decentralized finance (DeFi) sector and decentralized autonomous organizations (DAOs). He unveiled his bullish sentiments on the industry in a blog post on June 13, saying that a lot of financial institutions should be afraid of these burgeoning industries.
2021-6-16 15:02 | |
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Billionaire entrepreneur Mark Cuban has been extremely bullish on decentralized finance (DeFi) and crypto protocols with a stark warning to the banking sector. The post Banks Should be Scared of DeFi Warns Mark Cuban appeared first on BeInCrypto.
2021-6-15 12:45 | |
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Decentralized finance (DeFi) has seen a surging interest unlike amid the chaos of 2020. Last year alone, the ecosystem saw a massive surge in terms of total locked-in value; from a few hundred millionThe post AAVE, MATIC, and DeFi projects: Why 'banks should be scared' appeared first on AMBCrypto.
2021-6-15 11:00 | |
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“Money is entering a format war”, wrote Citigroup, in their latest Future of Money report, and this is creating both challenges and opportunity for companies in the payments sphere. The evolution of cryptocurrencies, digital wallets, challenger banks, stablecoins, CBDCs, DeFi protocols and other blockchain-focused payment platforms has opened the doors for forward-thinking companies – old […] The post World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions appeared first on NullTX.
2021-6-11 18:10 | |
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When lawmaker meets crypto and turns to art: Alberto Echegaray talks about the future of DeFi and the reality of Bitcoin and art.
2021-5-31 11:27 | |
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The growth in the blockchain industry has been remarkable in recent years, with new innovations transforming the global financial system. Cryptocurrencies have made it possible to make cross-border transactions without intermediaries (Banks) and at low transaction fees.
2021-5-15 22:10 | |
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In recent years, Decentralized Finance (DeFi) has become a hot topic in the cryptocurrency industry. DeFi is a concept that envisions an open global financial system that functions without intermediaries, like banks, insurances, or clearinghouses.
2021-5-12 15:20 | |
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CNBC recently reported that more American banks will be adopting Bitcoin, allowing their customers to buy, sell, and HODL through their bank accounts. This is according to Cryptocurrency custody firm NYDIG, whose recent partnership with Fidelity National information services could merge banks and Bitcoin into one space.
2021-5-8 21:16 | |
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Thomas Farley said traditional Wall Street banks made the Coinbase stock listing and innovations in crypto possible by largely ignoring the industry.
2021-4-22 18:24 | |
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VerifiedX (VFX) network, the people’s network and a decentralized global leader in self-custody and Web3 wallet financial infrastructure powering institutional and consumer-grade blockchain utility and Blockdaemon a leading U.
The project confirmed acquiring and locking 609,000 tokens today. Its total buyback for November surpasses 3 million AERO. The altcoin’s performance mirrors broader market downsides. While uncertainty engulfed the overall crypto landscape, Aerodrome Finance has showcased its dedication to supporting and strengthening its native AERO.
The upgrade introduces unified Liquidity Hubs to replace fragmented markets. Spokes introduces modular lending setups with independent risks. V4 aims to enhance capital efficiency and open new grounds for developers.
Tokenized assets and modern blockchain rails are reshaping corporate finance, with institutions accelerating on-chain adoption and Solana gaining momentum as a preferred platform for next-generation financial infrastructure.
$220 million lost in a day as Balancer and Stream hacks expose DeFi’s composability risks and spark urgent calls for stronger, transparent safeguards. The post DeFi’s November Nightmare Exposes Critical Risk For The Crypto Ecosystem appeared first on BeInCrypto.
French crypto hardware wallet maker Ledger explores New York IPO amid surging demand. The move highlights strategic timing considerations and revenue model questions facing crypto security providers.
After an $8. 4 million exploit, Bunni becomes the latest DeFi casualty to shutter operations. The closure underscores growing concerns over security vulnerabilities and sustainability within the decentralized finance sector.