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.


Рынки

DeFi Isn't Better Than TradFi if People Can't Use It

Geo-fencing and other user restrictions are like “no access” signs around platforms and protocols that were built for financial inclusion.

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Технологии

MakerDAO Moves to Full Decentralization; Maker Foundation to Close in 'Months'

The move by the protocol’s home office has been long expected.

MakerDAO founder Rune Christensen in Davos, Switzerland, January 2020.

Финансы

DeFi Derivatives Protocol Vega Raises $43M in CoinList Token Sale

Some 21,000 unique participants took part in the offering.

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Рынки

Blockchain or Blockbuster? The Choice Facing Financial Incumbents

The old-guard financial industry is aware of the competitive threat from decentralized finance, but it's not moving fast enough to catch up.

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Видео

Tether Co-Founder: ‘Tokenization of Fiat Will Happen’

Amid the explosive growth of stablecoins, Tether co-founder William Quigley discusses why stablecoins are here to stay. “Every fiat currency, globally, of any significant economy, will be tokenized,” Quigley said. “There’s a lot of people in crypto who need a safe harbor …

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Видео

State of DeFi, Crypto Crackdowns in Thailand

Mukaya (Tai) Panich, Chief Venture and Investment Officer of SCB 10x, the technology and innovation arm of Thailand’s Siam Commercial Bank, discusses the state of crypto in Thailand on the heels of its SEC banning meme, fan, and exchange tokens, as well as NFTs. Plus, her take on bridging the gap between DeFi and TradFi.

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Финансы

Rolexes in DeFi? NFT Marketplace 4K Raises $3M to Combine NFTs and Luxury Goods

4K aims to bring NFTs of vault-stored valuables into the world of decentralized finance.

Rolex Submariner watch

Рынки

If Stablecoins Cause Instability, Regulators Have Themselves to Blame

Pseudonymity is a key reason for the emergence of the $110 billion stablecoin market. If regulators are worried about financial stability, they should have some KYC controls.

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Рынки

Everything Moves Fast in DeFi, Even Political Action

The controversial DeFi Education Fund will pay off for the whole industry.

"Unicorns in Battle" (1936) by Alfred Oakley and Gilbert Bayes.