DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.


Технології

Rari Capital, Fei Protocol Token Holders Approve Multibillion-Dollar DeFi Merger

One of the highest-profile DAO-on-DAO mergers in history has been consummated.

A "Feirari" meme posted by Joey Santoro on Twitter.

Відео

Terra Surpasses Binance Smart Chain as Second-Largest DeFi Protocol

Amidst Terraform Labs' ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), its decentralized payments network Terra has officially become the second-largest DeFi protocol behind Ethereum. “The Hash” team discusses what separates Terra from its competitors like Solana and Avalanche. Plus, examining the SEC’s ability to regulate overseas companies. 

Recent Videos

Думки

Inside the DeFi Vending Machine

Finance is on the point of mass-market automation.

(NeONBRAND/Unsplash)

Відео

BTC, ETH Down Amid Rising Omicron Fears

As 2021 comes to a close, Strategic Funds Managing Director Marc Lopresti discusses his take on the current decline of the crypto markets, while still taking note of the overall year-end growth of digital assets.

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Технології

Fantom DeFi Project Grim Finance Exploited for $30M

The hit was one of the largest on the Fantom blockchain.

ghost, casper, phantom

Відео

Chainalysis: DeFi ‘Rug Pull’ Scams Pulled in $2.8B This Year

Crypto investors in 2021 lost over $2.8 billion to “rug pulls,” a colloquial term for a type of crypto scam, according to Chainalysis. This year, the rise in scams reportedly mirrored a general rise in cryptocurrency prices. “The Hash” panel discusses the latest story highlighting the growth and risks of DeFi.

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Думки

The Lifecycle of a DAO: Inside a Cultural Phenomenon

To think through the cultural practices and evolution of a DAO, we present a thought experiment on the life of a DAO, from birth to death to resurrection.

(Mark Garlick/Science Photo Library/Getty Images)

Відео

Could India Ban Private Cryptocurrencies?

India’s biggest crypto exchange WazirX registered an annual trading volume of over $43 billion, marking a 1,735% growth over 2020, despite lingering regulatory uncertainty and market volatility in the country.

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Технології

After $130M Hack, Badger’s Restitution Plan Tests Limits of DAO Governance

One of the most devastating hacks in recent memory has led to an ambitious payback plan.

(Robert Hoffman/Unsplash)

Фінанси

NEAR Foundation Appoints Ex-Circle Exec Marieke Flament as CEO

The a16z-backed blockchain recently announced an $800 million grants program in a bid to attract more builders.

A Near sign in Lisbon, Portugal (Zack Seward/CoinDesk)