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.


Mercati

Chainlink to Start Supplying Data for Crypto.com's DeFi Wallet

The new integration will provide users of Crypto.com's DeFi wallet with access to accurate and untampered price data, ChainLink said.

(Shutterstock)

Mercati

First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture'

Though no fresh stimulus is expected this week from the Fed, bitcoiners betting on money printing could just wait for the next sell-off in U.S stocks.

It might just take a big stock-market sell-off for the Federal Reserve to accelerate the pace of money printing. (Unsplash, modified by CoinDesk)

Mercati

DeFi Lender bZx Loses $8M in Third Attack This Year

An attacker found a way to mint unbacked iTokens that they could then redeem against other cryptos held in lending pools for DeFi lender bZx.

(Shutterstock)

Mercati

Uniswap Takes Lead Over SushiSwap Less Than 24 Hours After SUSHI Rewards Drop

Shortly after SushiSwap's block rewards fell from 1,000 SUSHI tokens to 100, total value locked has fallen behind rival Uniswap.

(M!1k¥ D43M*N/Unsplash)

Mercati

What to Watch for as SushiSwap Cuts Block Rewards From 1,000 to 100 SUSHI

SushiSwap will distribute 90% less $SUSHI to its liquidity providers as it did before – and it's anyone's guess whether the piles of crypto locked in will stay.

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Tecnologie

SushiSwap's Users Ordered Changes, but the Protocol Can't Deliver Without an Overhaul

Another SushiSwap smart contract migration may be on the menu if newly voted-for policy proposals are going to be implemented.

(Artem Kniaz/Getty Images)

Tecnologie

'No Other Option but More Collateral': The Short- (and Long-) Term Fixes for Dai’s Broken Peg

Stablecoin demand in yield farming is breaking dai's peg. Solutions revolve around USDC and Maker's version of QE, but will these measures last?

MakerDAO founder Rune Christensen

Tecnologie

'I F**ked Up': SushiSwap Creator Chef Nomi Returns $14M Dev Fund

SushiSwap creator "Chef Nomi" has returned all $14 million in ether, apologizing to the DeFi project's community for suddenly liquidating his holdings.

(Free To Use Sounds/Unsplash)

Mercati

Crypto.com Follows Binance With Launch of Liquid Swap DeFi Product

Crypto.com's new Defi Swap product will provide yet another platform on which users can token swap and yield farm.

Kris Marszalek, CEO of Crypto.com

Mercati

First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows

The Ethereum blockchain's soaring gas prices don't seem to have deterred customers as DeFi usage grows and tests what the market can bear.

DeFi is pushing up usage and fees on Ethereum, and the blockchain network so far is passing the stress test. (Flickr Creative Commons, modified by CoinDesk)