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DeFi Exec Believes Crypto Community Mostly “Short-Term Thinkers”

In an interview with Cryptox, Alex Mashinsky, the founder of the decentralized finance app Celsius Network, took aim at the crypto community for becoming fixated on short-term profiteering and failing to drive mass adoption. Mashinsky urged the community to capitalize on the opportunity to redefine money and finance offered amid

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DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising

A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of April.Despite the decline in overall investment, the decentralized lending sector appears to still be flourishing — raising 150% of its March total.Crypto fundraising plummets during AprilThe report

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Blockchain Bites: The Government Won’t ‘Kill DeFi’ but FATF Might Compromise Anonymity

Top ShelfProgress must keep pace with need. An overriding theme during day three of Consensus: Distributed was that the pace of technological development - driven by interconnected but diffuse organizations - must keep up with (or keep in mind) the needs of actual people and societies.“To solve a problem you

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Ether (ETH) Held by Bitfinex Exceeds Entire DeFi Market; Bitcoin Holdings Plunge by Half

Major crypto exchange Bitfinex, while experiencing a sharp plunge in BTC balance since mid-March, is now holding more ETH than the total value locked (TVL) in the decentralized finance (DeFi) market.  Bitfinex Ethereum Balance Crosses 4 Million Tweeting on Tuesday, May 12, 2020, Elias Samos, Senior Research Analyst for digital assets platform

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