Co-founder of Chainlink, Sergey Nazarov, explains why a decentralized oracle network is necessary to ensure trust in the DeFi ecosystem. 0:00â€‹ Intro 1:06â€‹ How could the five recent DeFi hacks been avoided? 4:20â€‹ Is the DeFi ecosystem evolving in the right direction? 7:56â€‹ Are we going to see more interaction between DeFi and real-world assets? 12:13â€‹ Can oracles be trusted as the auditors of real-world assets? 15:44â€‹ Can DeFi protocols rely on HTTP requests for retrieving real-world data? 20:37â€‹ Outro Get your Cointelegraph merch here: â€‹ Use this code for your 30% discount in our store: HODLERSDIGEST30 #Cointelegraphâ€‹ #Bitcoinâ€‹ #CryptoMarketsâ€‹ Subscribe to Cointelegraph: â€‹ Follow COINTELEGRAPH: Website: /â€‹ Telegram: â€‹ Facebook: â€‹ Twitter: â€‹ Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.