# Institutional money is pumping the DeFi markets back up

# Institutional money is pumping the DeFi markets back up

“# Institutional money is pumping the DeFi markets back up ” Institutional money appears to be flowing into the decentralized finance (DeFi) sector, with Yearn Finance (YFI) among the top beneficiaries. According to crypto market data aggregator IntoTheBlock, on-chain transactions of $100,000 or higher have increased by 282% over the past week — including nearly…

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# Bitfinex to compete with DeFi with new borrowing service

# Bitfinex to compete with DeFi with new borrowing service

“# Bitfinex to compete with DeFi with new borrowing service ” Amid a year of significant growth for the decentralized finance space within the crypto industry, Hong Kong-based crypto exchange Bitfinex has unveiled its new lending service today, called Bitfinex Borrow.  “Bitfinex Borrow is a borrowing platform,” Bitfinex chief technology officer Paolo Ardoino told Cointelegraph….

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# Sam Bankman-Fried believes even ETH 2 can’t handle DeFi’s potential growth

# Sam Bankman-Fried believes even ETH 2 can’t handle DeFi’s potential growth

“# Sam Bankman-Fried believes even ETH 2 can’t handle DeFi’s potential growth ” FTX exchange co-founder and CEO Sam Bankman-Fried believes Ethereum (ETH) is incapable of handling decentralized finance’s (DeFi) growth. Talking to Camila Russo from the Defiant Podcast, Bankman-Fried says that the Ethereum blockchain is limiting DeFi’s development and the only way around it…

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