Decentralized Masters’ latest review reveals DeFi’s transformative impact on the financial landscape and its potential to disrupt traditional banking.
Dubai, United Arab Emirates–(Newsfile Corp. – September 23, 2024) – Decentralized Masters, a leading DeFi educational platform, recently delved into the world of decentralized finance, providing an in-depth review of the current banking system and DeFi’s place in the financial landscape.
New Findings by Decentralized Masters Highlight DeFi’s Disruption
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The findings by Decentralized Masters reveal that an evolution of conventional finance is underway. With public sentiment towards traditional finance approaching a tipping point, and the recent Bitcoin and Ethereum ETF approvals by the SEC, decentralized finance is taking center stage as a promising alternative to the traditional financial system. But despite being touted as the greatest wave of innovation ever seen in finance, there are lingering questions and concerns in investors’ minds regarding the security and effectiveness of DeFi.
Tan Gera, CFA, and Salim Elhila, the founders of Decentralized Masters, say that all indicators point to DeFi’s disruption being the future of finance. The founders stated that their findings paint a picture of a potential financial revolution rooted in the promise of security and transparency already taking shape.
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With their extensive experience in the financial landscape and in-depth exploration of decentralized finance through Decentralized Masters, Tan and Salim reveal that the positive impact of DeFi is setting up a possible investment surge. Their findings uncovered significant disruptions led by DeFi and emerging shifts in traditional banking. But, even with the two playing off each other to transform the financial landscape, Tan and Salim explained that the financial revolution also relies on underlying infrastructure. Decentralized Masters review shows that the key to maximizing DeFi’s capabilities is a foundation. And, with DeFi moving out of the hype phase and into financial disruption, it is aiming to be a worthy contender for traditional systems.
“With the current financial systems built around high fees, lack of transparency and the need for intermediaries, DeFi’s promise of better security, transparency and efficiency stands out,” said Tan. “DeFi gives users control, empowering them to become their own banks and avoid the pitfalls of traditional banking.”
Salim added, “DeFi doesn’t just improve upon traditional systems, it is offering a new financial blueprint defined by security, efficiency and globalized financial inclusion.”
Decentralized Masters’ review of DeFi’s impact on conventional banking systems also revealed that DeFi is increasingly becoming recognized as the more secure and transparent choice. Salim explained that there is a growing shift in expectations for financial institutions. From the report, it is evident that the centralized nature of traditional banking is often associated with limitations and risks, whereas DeFi is considered the possible solution to these risks and limitations. “With DeFi, no single entity can exert control over the system,” he noted. “This minimizes the risk of investors falling victim to scams and enhances security by removing single points of failure that hackers could target. This is why decentralized finance has become such an appealing alternative.”
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Decentralized Masters reveals that investors who correctly leverage the innovative technology that underpins the industry to invest in the DeFi markets have the potential to become their own bank. With opportunities such as liquidity provision in the DeFi space, the world of finance is undergoing significant alterations.
“We are seeing a divergence between DeFi’s uptake and trust in traditional banking systems,” Tan highlighted. “DeFi’s explosive expansion has put this new financial ecosystem ahead of the pack.”
Decentralized Masters shared that even though decentralized finance is commanding a lot of attention in the financial landscape right now, there is a lot of ground to cover with investors. Despite presenting investors with more control over their financial assets and closing gaps in financial inclusion, investors need a more guided navigation of this new terrain. Through Decentralized Masters, Tan and Salim offer investors an accelerated roadmap to mastering DeFi.
Visit Decentralized Masters to learn more about DeFi and acquire the necessary knowledge, systems, and tools to maximize potential in the DeFi markets.
About Decentralized Masters:
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Decentralized Masters is the leading DeFi Educational platform that combines elite education with a thriving community of industry-leading analysts and experts in the DeFi space.
Contact Info: Name: Tan Gera Email: support@decentralizedmasters.com Organization: Decentralized Masters Website: https://decen-masters.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224192
My spreadsheet reviewed a WalletHub ranking of financial distress for the residents of 100 U.S. cities, including 17 in California. The analysis compared local credit scores, late bill payments, bankruptcy filings and online searches for debt or loans to quantify where individuals had the largest money challenges.
When California cities were divided into three geographic regions – Southern California, the Bay Area, and anything inland – the most challenges were often found far from the coast.
The average national ranking of the six inland cities was 39th worst for distress, the most troubled grade among the state’s slices.
Bakersfield received the inland region’s worst score, ranking No. 24 highest nationally for financial distress. That was followed by Sacramento (30th), San Bernardino (39th), Stockton (43rd), Fresno (45th), and Riverside (52nd).
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Southern California’s seven cities overall fared better, with an average national ranking of 56th largest financial problems.
However, Los Angeles had the state’s ugliest grade, ranking fifth-worst nationally for monetary distress. Then came San Diego at 22nd-worst, then Long Beach (48th), Irvine (70th), Anaheim (71st), Santa Ana (85th), and Chula Vista (89th).
Monetary challenges were limited in the Bay Area. Its four cities average rank was 69th worst nationally.
San Jose had the region’s most distressed finances, with a No. 50 worst ranking. That was followed by Oakland (69th), San Francisco (72nd), and Fremont (83rd).
The results remind us that inland California’s affordability – it’s home to the state’s cheapest housing, for example – doesn’t fully compensate for wages that typically decline the farther one works from the Pacific Ocean.
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A peek inside the scorecard’s grades shows where trouble exists within California.
Credit scores were the lowest inland, with little difference elsewhere. Late payments were also more common inland. Tardy bills were most difficult to find in Northern California.
Bankruptcy problems also were bubbling inland, but grew the slowest in Southern California. And worrisome online searches were more frequent inland, while varying only slightly closer to the Pacific.
Note: Across the state’s 17 cities in the study, the No. 53 average rank is a middle-of-the-pack grade on the 100-city national scale for monetary woes.
Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at jlansner@scng.com
The up-and-coming fintech scored a pair of fourth-quarter beats.
Diversified fintech Chime Financial(CHYM +12.88%) was playing a satisfying tune to investors on Thursday. The company’s stock flew almost 14% higher that trading session, thanks mostly to a fourth quarter that featured notably higher-than-expected revenue guidance.
Sweet music
Chime published its fourth-quarter and full-year 2025 results just after market close on Wednesday. For the former period, the company’s revenue was $596 million, bettering the same quarter of 2024 by 25%. The company’s strongest revenue stream, payments, rose 17% to $396 million. Its take from platform-related activity rose more precipitously, advancing 47% to $200 million.
Image source: Getty Images.
Meanwhile, Chime’s net loss under generally accepted accounting principles (GAAP) more than doubled. It was $45 million, or $0.12 per share, compared with a fourth-quarter 2024 deficit of $19.6 million.
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On average, analysts tracking the stock were modeling revenue below $578 million and a deeper bottom-line loss of $0.20 per share.
In its earnings release, Chime pointed to the take-up of its Chime Card as a particular catalyst for growth. Regarding the product, the company said, “Among new member cohorts, over half are adopting Chime Card, and those members are putting over 70% of their Chime spend on the product, which earns materially higher take rates compared to debit.”
Today’s Change
(12.88%) $2.72
Current Price
$23.83
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Key Data Points
Market Cap
$7.9B
Day’s Range
$22.30 – $24.63
52wk Range
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$16.17 – $44.94
Volume
562K
Avg Vol
3.3M
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Gross Margin
86.34%
Double-digit growth expected
Chime management proffered revenue and non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance for full-year 2026. The company expects to post a top line of $627 million to $637 million, which would represent at least 21% growth over the 2024 result. Adjusted EBITDA should be $380 million to $400 million. No net income forecasts were provided in the earnings release.
It isn’t easy to find a niche in the financial industry, which is crowded with companies offering every imaginable type of service to clients. Yet Chime seems to be achieving that, as the Chime Card is clearly a hit among the company’s target demographic of clientele underserved by mainstream banks. This growth stock is definitely worth considering as a buy.
ROCHESTER, N.Y. — Student athletes are now earning real money thanks to name, image, likeness deals — but with that opportunity comes the need for financial preparation.
Noah Collins Howard and Dayshawn Preston are two high school juniors with Division I offers on the table. Both are chasing their dreams on the field, and both are navigating something brand new off of it — their finances.
“When it comes to NIL, some people just want the money, and they just spend it immediately. Well, you’ve got to know how to take care of your money. And again, you need to know how to grow it because you don’t want to just spend it,” said Collins Howard.
What You Need To Know
High school athletes with Division I prospects are learning to manage NIL money before they even reach college
Glory2Glory Sports Agency and Advantage Federal Credit Union have partnered to give young athletes access to financial literacy tools and credit-building resources
Financial experts warn that starting money habits early is key to long-term stability for student athletes entering the NIL era
Preston said the experience has already been eye-opening.
“It’s very important. Especially my first time having my own card and bank account — so that’s super exciting,” Preston said.
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For many young athletes, the money comes before the knowledge. That’s where Glory2Glory Sports Agency in Rochester comes in — helping athletes prepare for life outside of sports.
“College sports is now pro sports. These kids are going from one extreme to the other financially, and it’s important for them to have the tools necessary to navigate that massive shift,” said Antoine Hyman, CEO of Glory2Glory Sports Agency.
Through their Students for Change program, athletes get access to student checking accounts, financial literacy courses and credit-building tools — all through a partnership with Advantage Federal Credit Union.
“It’s never too early to start. We have youth accounts, student checking accounts — they were all designed specifically for students and the youth,” said Diane Miller, VP of marketing and PR at Advantage Federal Credit Union.
The goal goes beyond what’s in their pocket today. It’s about building habits that will protect them for life.
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“If you don’t start young, you’re always catching up. The younger you start them, the better off they’re going to be on that financial path,” added Nihada Donohew, executive vice president of Advantage Federal Credit Union.
For these athletes, having the right support system makes all the difference.
“It’s really great to have a support system around you. Help you get local deals with the local shops,” Preston added.
Collins-Howard said the program has given him a broader perspective beyond just the game.
“It gives me a better understanding of how to take care of myself and prepare myself for the future of giving back to the community,” Collins-Howard said.
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“These high school kids need someone to legitimately advocate their skills, their character and help them pick the right space. Everything has changed now,” Hyman added.
NIL opened the door. Programs like this one make sure these athletes walk through it — with a plan.
