Injective Labs
Injective Labs CEO Discusses a 'Highly Promising Sign' for the Evolution of DeFi
As part of CoinDesk's Trading Week 2023, presented by CME Group, Injective Labs co-founder and CEO Eric Chen discusses a new Injective survey which indicates a small amount of respondents weren't able to tell if they were operating on a centralized or decentralized exchange. "For a lot of DeFi projects, the goal is for the users to have such a smooth onboarding experience," Chen said.
Injective Survey Suggests Many Traders Use Both Centralized and Decentralized Exchanges
As part of CoinDesk's Trading Week 2023, presented by CME Group, Injective Labs co-founder and CEO Eric Chen joins "First Mover" to share insights into some of the strategies for DeFi traders, including 64% saying they trade on both a centralized and decentralized exchange. Injective says the data was collected from hundreds of traders contacted via multiple channels. After the preliminary data verification, answers were included from 224 qualified respondents.
Pantera, Jump Crypto Back $150M Injective Ecosystem Fund
The initiative will support financial apps developed to work across blockchains based on the Cosmos system.
What Is the Impact of Recent DeFi Hacks on the Ecosystem?
October has become the worst-ever month for crypto-related crimes. Injective Labs CEO and co-founder Eric Chen says "we have to be very careful discerning what kind of hack it is." He adds that other DeFi projects should look into whether they share the same "optimistic" assumptions with risk management.
Bitcoin Back Above $19K, Recovering After Hot Inflation Report
Bitcoin (BTC) rebounds to $19,700, paring losses after Thursday’s short squeeze triggered by the hot inflation data. Injective Labs CEO and co-founder Eric Chen joins "First Mover" to discuss his crypto outlook and whether the rally could last. Plus, insights on October being the worst month for crypto hacks.
Fed Expected to Hike Rates by 75 Basis Points This Week
The Federal Reserve is expected to increase its interest rate by 75 basis points to combat rising inflation. Injective Labs CEO Eric Chen discusses the current "risk-off mode" in the crypto markets and the potential impact of macro headwinds on price action. Plus, the state of DeFi amid crisis in crypto lending.
