Latest Lebedev News

  • UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
    UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
    Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.
  • Ex-bank Boss Lebedev Says 'Parasitic' 'Banks Pocket Clients Money,' Touts DeFi
    Ex-bank Boss Lebedev Says 'Parasitic' 'Banks Pocket Clients Money,' Touts DeFi
    Alexander Lebedev. Source: a video screenshot, Youtube/Александр Лебедев A Russian media mogul and former bank chief who is set to launch an ambitious new, DeFi-themed cryptobank project in Switzerland has taken a swipe at the conventional banking system and countries that allow themselves to become home to scores of shell companies – accusing them of churning out “dirty
  • Billionaire UK newspaper owner calls DeFi technology 'revolutionary'
    Billionaire UK newspaper owner calls DeFi technology 'revolutionary'
    UK media boss and former banker Alexander Lebedev has revealed he is looking to launch a decentralized finance powered “bank 2.0.” Alexander Lebedev, the owner of UK newspapers Evening Standard and The Independent, along with Russian publication Novaya Gazeta, has spoken glowingly of the potential for cryptocurrency and smart contracts to revolutionize finance. In an extensive 1800 word opinion piece published in The Independent on October 13, the billionaire predicted blockchain tech will disrupt what he described as a parasitic global banking oligopoly, asserting that “blockchain technologies and smart contracts will make it unnecessary to employ the vast majority of people in the financial sector.” Although he thinks the current “explosive growth of DeFi platforms is driven by a rapid influx of liquidity” and “cannot continue indefinitely” he says that nevertheless: “The technologies embedded in this infrastructure open up tremendous opportunities for rebuilding the global financial system.” Lebedev said that smart contracts allow customers to access financial services “without the participation of an intermediary in the form of the bank itself,” preventing “greedy bankers” from stealing clients’ funds. Lebedev also revealed he has invested $100,000 into an Estonia-based yield farming protocol as “an experiment” and seemed surprised at the quick returns.
  • Russian 'ex-oligarch' reportedly backing a new DeFi project
    Russian 'ex-oligarch' reportedly backing a new DeFi project
    The former owner of a Russian bank seems to be pivoting to the decentralized space. Russian businessman and self-styled “ex-oligarch” Aleksandr Lebedev is backing a new decentralized finance project that aims to compete across a broad spectrum of financial products. As reported by Russian financial publication RBC, Lebedev is providing the initial funding for a DeFi startup under the working name of InDeFinEco, standing for Independent Decentralized Finance Ecosystem. Lebedev said to have invested between $10 and $15 million as initial funding.