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.


Videos

Berkshire Hathaway's Charlie Munger Calls Bitcoin 'Disgusting'

Charlie Munger has not been shy about his dislike of crypto. Still, at the Berkshire Hathaway annual shareholders meeting, the 97-year old attacked bitcoin, calling it "disgusting" and "contrary to the interests of human civilization." "The Hash" panel breaks down Munger's comments and what they say about the relevance of investment giants in the DeFi age. Plus, a comparison of the performance of bitcoin vs. Berkshire Hathaway.

Recent Videos

Videos

‘AWS for Blockchains’ Alchemy Raises $80M In Latest Funding Round

Alchemy, a platform powering decentralized finance (DeFi) projects including top NFT marketplaces, has closed an $80 million funding round. Alchemy’s value is now over $500 million. CEO Nikil Viswanathan joins “First Mover” to discuss Alchemy’s services, its plans for the future, and whether it plans to go public.

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Markets

DeFi Oracle Umbrella Network Migrates to Binance Smart Chain From Ethereum

"BSC integration will reduce transaction costs by up to 90+ percent vs Ethereum," Umbrella Network said.

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Markets

Ether, on Winning Streak, Surges to Record Over $3.2K, Tops Bank of America on Market Cap

Ether's milestone comes with surging trader interest in the leading smart-contracts blockchain.

Ether's price has surpassed the milestone for the first time.

Markets

Binance Smart Chain's Spartan Protocol Loses $30M+ in Exploit

The attack happened just a few days after another DeFi protocol was attacked on Binance Smart Chain.

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Videos

Decentralized Finance (DeFi) Is Now a $100B Sector

Decentralized Finance (DeFi) is booming. According to a report from CoinGecko, the industry has reached a $100 billion capitalization and over one million users. “The Hash” breaks down DeFi’s enormous growth over the past year and explains how DeFi’s most popular product, crypto-backed fiat loans, works.

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Markets

Ether Could Hit $10K, FundStrat Says, Touting Network Value Versus Bitcoin's

"The crypto narrative is shifting from bitcoin to ethereum," wrote FundStrat, which placed a $10K price target on ETH for this year.

ETH ATH, ethereum all time high

Videos

Can Bug Bounties Help DeFi Projects Avoid Security Breaches?

Several DeFi projects, including C.R.E.A.M. Finance, have battled security breaches and exploits, raising questions about whether DeFi is mature enough to go mainstream. C.R.E.A.M.'s co-founder Leo Cheng joins "First Mover" to discuss how his sector seeks to improve security, including the launch of a $1.5 million bug bounty program.

Recent Videos

Finance

Team Behind Argo Blockchain Launches London-Listed DeFi Fund

Dispersion Holdings lists on Aquis Stock Exchange Growth Market using an auspicious ticker symbol: DEFI.

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Markets

DeFi Is Now a $100B Sector

...by at least two measures, that is. Decentralized finance users probably top 1 million.

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