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.
Will India's Anticipated Ban on Bitcoin Impact the Bull Market?
Bitwise President Teddy Fusaro sheds light on the reasons for the recent surge in the crypto market, the market implications of India's pending crypto ban, and the current explosion in DeFi.
Framework Ventures' DeFi Fund Booms as Tech Team Staffs Up
The studio's flagship ventures fund increased in value from $14 million to $300 million.
Reflexer Labs Raises $4M to Build Out ETH-Backed Stable Asset, RAI
Pantera and Lemniscap co-lead a bet on stability in DeFi without the U.S. dollar.
Payments Startup Celo Raises $20M From a16z, Electric Capital
Celo offers a blockchain payments platform using customers' cellphone numbers to secure their public keys.
Chainlink Supporter Deutsche Telekom Has Quietly Started Staking on Blockchains
Never mind bitcoin on the balance sheet, a subsidiary of Europe’s biggest telco is taking a stake in DeFi.
DeFi's Curve Finance Is Branching Out to Polkadot
It costs a lot to swap assets on Ethereum. That's why Equilibrium is building a cross-chain version of Curve Finance on Polkadot.
Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch
Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.
New $50M Venture Fund Aims to Bridge East-West DeFi Investment Divide
Spartan Group's new fund has raised over $30 million in its first round, with a further $20 million expected to be raised in March or April.
Market Wrap: The 'Elon Effect' Blasts Bitcoin to $44.8K While Ether Moons
Bitcoin and ether had record-breaking days while trending more together.
Cardano, Polkadot Market Caps Surpass XRP as Some Bet on Alternatives to Ethereum
The price of gas continues to rise on Ethereum, squeezing smaller retail traders using DEXs.
