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Ethereum stands to benefit greatly from DeFi “eating” traditional finance: analysts

As it stands, decentralized finance (DeFi) overtaking or rivaling Wall Street is a quixotic dream for its proponents.

Ethereum stands to benefit greatly from DeFi “eating” traditional finance: analysts

Photo by Smit Patel on Unsplash

As it stands, decentralized finance (DeFi) overtaking or rivaling Wall Street is a quixotic dream for its proponents.

There are many hacks of DeFi applications, like when a hacker recently drained $25 million worth of Ethereum and other crypto assets from a decentralized lending platform called dForce.

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