🇺🇸 DeFi can complement centralized financial systems, says Federal Reserve's Christopher Waller

Decentralized finance can complement centralized financial sectors, but won't serve as a replacement, said Federal Reserve Governor Christopher Waller. Technological progress can "drive efficiency gains in finance," Waller said on Friday at the 19th Annual Vienna Macroeconomics Workshop in Vienna, Austria. DeFi won't replace centralized finance, in part because intermediation is still needed, Waller said.

Source

https://t.me/DeFi_Ethereum

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🚨 DeFi Lending Platform Radiant Capital Suffers $50M Exploit

Radiant Capital was hacked on Wednesday, resulting in losses exceeding $50 million. Several blockchain security firms have reported that the exploit occurred due to an apparent cyberattack targeting the platform’s smart contracts on both the Binance and Arbitrum networks. The incident was first detected by blockchain security firm Ancilia Inc., which reported suspicious activity on a Radiant Capital smart contract on the BNB Chain at 1:35 PM ET in an X post.

Source

https://t.me/DeFi_Ethereum

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📣 Nansen ‘Beyond DeFi’ report highlights $3.2B market for AI services

AI and the emerging “NodeFi” market may become the most active verticals in the decentralized finance sector, according to a report by Ethereum blockchain analytics platform Nansen and lending protocol MetaStreet. The report, published on Oct. 14, makes the case that cryptocurrency markets are “evolving beyond their initial focus on ERC-20 tokens and DeFi,” and that these dominant technologies will eventually plateau.

Source

https://t.me/DeFi_Ethereum

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📣 Donald Trump Reveals Defi Project's Token Launch

On Saturday, former President Donald Trump announced that the World Liberty Financial (WLF) token sale will kick off on Tuesday, Oct. 15. In his post on X, Trump described it as a “chance to help shape the future of finance.” He also noted that an X Spaces discussion about the token launch will be aired on Oct. 14.

Source

https://t.me/DeFi_Ethereum

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mommycgl

August 2, 2024, 18:52

insta: kotomata.shu

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05 November, ALL WE ARE LOOKING FOR IS RISK ON XXXUSD(UP) AND USDXXX(DOWN) AS WE ENTER WE WILL BE HOLDING FOR AT LEAST 5 MONTHS OR EVEN MORE

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💰 Giko Cat, inSure DeFi and Sudeng coins exhibit double-digit gains as Solana struggles

Giko Cat, Sudeng and inSure DeFi emerged as the top gainers in the last 24 hours with a double-digit surge. CoinGecko data shows that while top coins like Ethereum (ETH) and Solana (SOL) are recovering with a 1-3% surge after the recent dump, some meme coins pulled off double-digit gains.

Source

https://t.me/DeFi_Ethereum

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📊 DeFi TVL up 10% in September to $133 billion

The DeFi ecosystem recorded a roughly 10% increase in total value locked across all major networks during September, with the total up $12 billion to $133 billion. According to DefiLlama data, decentralized exchanges (DEX) and liquid staking protocols were the largest contributors to the increase in TVL.

Source

https://t.me/DeFi_Ethereum

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