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.


Markets

Market Wrap: Bitcoin in Tight $35K-$36K Range; Ether Volumes Still Beating BTC

Ether’s dominance is at 19.78%, the highest it has been since May 16.

CoinDesk XBX Index

Videos

The First SEC-Registered Crypto Robo-Advisor Makara Launches Mobile App

Makara CEO and co-founder Jesse Proudman joins "First Mover" to discuss the new mobile app with a waitlist of over 20,000 people. The new app offers six thematic baskets of assets specifically weighted to bitcoin, ethereum and decentralized finance (DeFi) tokens.

Recent Videos

Markets

DeFi Project Impossible Finance Raises $7M in Seed Round

IF will use the funding to develop its DeFi offerings and to build a multi-chain ecosystem.

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Finance

DAOs Prepare for the Next Crypto Winter With Treasury Diversification

DeFi projects are selling off governance tokens to get ready for tougher days ahead.

Decentralized autonomous organizations have been changing the asset mix of their treasuries.

Tech

DeFi's Sticky Future

Innovations tend to stack. And there's nothing more stackable than composability and interoperability involving money.

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Tech

Okcoin Integrates With Polygon to Reduce Users’ Ethereum Gas Fees

The move lets users skip depositing to an ETH wallet, saving the associated fees.

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Markets

Crypto Credit Rating Firm Credmark Pivots to Modeling DeFi Protocol Risks

The firm spent three years trying to develop credit scoring for crypto users, but realized that data collection on DeFi protocols fell short.

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Finance

DeFi Risk Assessor Sherlock Raises $1.5M in Pre-Seed Funding

The fundraising was led by IDEO CoLab Ventures, with participation from A.Capital Ventures, Scalar Capital and DeFi Alliance.

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Finance

Belt Finance to Compensate Users Following $6.23M Attack

Belt Finance said it will compensate users who were directly affected in the 4Belt pool or beltBUSD vault and holders of BELT tokens.

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