Introduction
Decentralized finance (DeFi) is giving the Blockchain based industry renewed hope ever since cryptocurrency exchange FTX filed for bankruptcy, wiping out billions 0f dollars of customer funds and investor funds.
After a major crypto exchange bailed from the non-binding agreement to save the sinking FTX, the Sam Bankman-Fried founded firm faced a bank-run and finally filed for bankruptcy under Chapter 11 on November 11, 2022.
CF Benchmarks and CME Group are introducing institutional-grade tools for the price discovery of a few DeFi protocols. CME Group is a US based company. It is the world’s largest financial derivatives exchange.
According to yesterday’s CME Group statement, on December 19, Aave, Curve and Synthetix are ready to be launched on new real-time indices and reference rates. A reference rate is considered to be a benchmark used to set other interest rates.
According to the official website, the CME CF reference rates aggregate trade flow of major cryp
We współpracy z: https://www.thecoinrepublic.com/2022/12/02/cme-group-in-more-defi-products-amid-crypto-downturns/
