10 Feb 2021

Wallstreetbets’ Denial of Hedge-Funding Hack Could Slow DeFi Boom

Last month’s market anarchy, where two-million-plus (at the time), day-trading individual investors unleashed the peer-to-peer power of social media to crush some of Wall Street’s top hedge funds, may indicate a coming use of existing legislative and regulatory methods to not only mitigate the ability of small investors to disrupt market, but, according to our research, spell increased regulations for the world of decentralized finance (DeFi).

The ‘wallstreetbets’ forums on Reddit and Discord allegedly sparked the madness as mostly young investors pumped share prices in companies hedge funds has shorted (like video game retailer GameStop) over 1,625% last month. Market mania swept online message boards, as GenY and Z traders piled into online brokerages like Robinhood and TD Ameritrade en masse to squeeze institutional short sellers like a vice.

Read More
29 Jan 2021

OODAcast: Camila Russo on Ethereum and the Future of Decentralized Finance (DeFi)

This week’s OODAcast features an interview with Camila Russo, the author of the book “The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum”. Camila is also the founder of the Decentralized Finance (DeFi) site The Defiant, which tracks developments, emerging trends, and news in the fast moving DeFi space.

In this interview, Camila shares how her experience covering fiat currency issues as a reporter for Bloomberg sparked her interest in Bitcoin and how she focused her attention on the Ethereum project early in its development. We discuss Camila’s book and the emergence of Ethereum as well as the most interesting applications of Ethereum, future disruptions, and the general trends driving the DeFi space.

Read More