Facebook & Libra’s David Marcus Is Asking About Ethereum DeFi

Facebook & Libra’s David Marcus Is Asking About Ethereum DeFi

Ethereum’s decentralized finance (DeFi) space has received a lot of attention in recent months. This sector of the crypto space has seen a rapid uptick in capital involved as the yields and incentives to use these DeFi applications have increased at a dramatic clip.

Data shows that the number of DeFi users has literally gone from a few thousand at the start of the year to somewhere close to a few hundred thousand now.

Prominent investors and innovators within and outside of the crypto space are understandably taking notice. So much so that David Marcus, co-founder of Libra and a former PayPal president, began to ask about it on Twitter just recently.

David Marcus From Facebook Discusses DeFi

David Marcus is a well-known figure in the crypto and financial technology community. He is a former PayPal president and ran the Messenger team at Facebook. Now, he is helping to run Libra, the digital currency project first launched by Facebook but one that has since expanded to a more decentralized/distributed mandate. Continue Reading

1xbit betting with BTC and crypto

Like what you're reading? Please share it...

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on telegram
Share on reddit
Share on email
Share on vk
Share on tumblr

When I came up with Ethereum, my first first thought was, 'Okay, this thing is too good to be true.' As it turned out, the core Ethereum idea was good - fundamentally, completely sound