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

Pussy Riot, Ex-Bloomberg Reporter Join ‘Seed Club’ Crypto Accelerator

Seed Club offers mentorship and education in exchange for 3% of a project’s token supply.

Markus Spiske/Unsplash

Технології

1inch Bolsters Arbitrum DeFi Ecosystem With Exchange Aggregation

The exchange aggregator will provide traders liquidity from five different automated market makers on the layer 2 network.

1inch co-founders Anton Bukov (left) and Sergej Kunz (1inch Network)

Фінанси

DeFi Platform Kava Launches $185M Fund to Onboard New Projects

The Ignition Fund will be used to speed up the process of adding vetted projects to the Kava Ecosystem.

The kava plant

Технології

Valid Points: Are We Witnessing the Death of DeFi Tokens?

Most major DeFi tokens are losing their allure and finding themselves in a seven-month downtrend relative to ether.

(Anton Petrus/Moment/Getty Images)

Фінанси

Get Ready for Investor Fan Tokens: Polychain Backs Prysm’s Approach to ‘Social Investing’

The platform aims to let new traders follow “the best investors in DeFi.”

Prysm founders Thomas Scaria (left) and Shelby Thomas (Prysm)

Відео

Polkadot’s Gavin Wood: DeFi Regulation Is ‘a Good Thing’

Gavin Wood, CEO of smart contract blockchain Polkadot, which issues its native token DOT, discusses why regulation is good for DeFi, adding it would force projects and platforms to be truly decentralized, and it would weed out projects with more centralized elements.

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Відео

Messari CEO: 'Crypto Regulatory Fears Unrelated to Market Sell-Off'

As U.S. regulators pay closer attention to the crypto industry and bitcoin enters pullback mode, Messari CEO Ryan Selkis discusses why he doesn't think the "looming regulatory threat" or "more aggressive language from the SEC" is what caused this week's massive market sell-off. Plus, his take on regulating DeFi and insights into his tweet suggesting someone was served a subpoena at the Mainnet conference in New York.

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Відео

Solana-Based Metaverse Gaming Platform Star Atlas Closes $2M in Public Token Sale

Blockchain-based metaverse gaming platform Star Atlas has closed $2 million in a public token sale, adding to the $41 million in sales it has already raised in NFTs. These NFTs and native Atlas tokens will be issued in Star Atlas’ play-to-earn gaming platform.

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Технології

Vee Finance Hit for $35M in Second Major Exploit on Avalanche

The platform was attacked for a total of 8804.7 ETH (around $26 million) and 213.93 BTC (around $9 million).

(Clint Patterson/Unsplash)

Ринки

Market Wrap: Bitcoin Sell-Off Deepens as Equity Volatility Rises

Analysts expect further choppiness this week as investors seek safety from risk assets.

Bitcoin 24-hour chart (CoinDesk)