Tag: cefi

Jul 22 2021

Deconstructing CeFi

Jul 22 2021 Published at Kraken Blog under tags  cefi kraken intelligence

Crypto savings accounts are rapidly becoming an attractive option over traditional savings accounts. As interest rates drift lower – sometimes negative – people are seeking to maximize passive returns on their crypto assets. In Kraken’s previous report on decentralized finance, we explored how participants are… The post Deconstructing CeFi appeared first on...

May 22 2021

OpenOcean Aggregates Loopring Ethereum Layer 2

OpenOcean has revealed that they will be aggregating Loopring Ethereum Layer 2 on the OpenOcean platform. This move is expected to reduce transaction fees as well as to speed up trading and maintain the same level of security as the main Ethereum chain (Layer 1). The official announcement by OpenOcean about aggregating Loopring Ethereum Layer 2 stated:...

Dec 11 2020

Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Dec 11 2020 Published at CoinDesk under tags  bitcoin cefi chainlink commodities cosmos

Bitcoin’s price dipped below $18,000 for the third straight day while an increase in active Ethereum addresses is fundamentally positive.

Oct 31 2020

Decentralized Finance (DeFi) vs Centralized Finance (CeFi)

The banking system has been prevalent for centuries with established models. Said models have not changed for a long time. People have become comfortable with the system. They have become a part of the system. The standard SOPs have been engraved in the minds of a regular customer. Now, all of a sudden, we have a new kid on the block, Decentralized Finance...

Oct 13 2020

Binance CEO Says DeFi Will Replace CeFi

Changpeng Zhao, CEO of top cryptocurrency exchange Binance, has stated that decentralized finance (DeFi) would replace centralized finance (CeFi) in the long run. The Binance CEO made this statement during a live chat with Reuters’ Anna Irrera while speaking on DeFi and CeFi at the...

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