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.

Finance

Chia Network Raises $5M to Rival New Crop of DeFi-Friendly Base Layers

Chia Network, led by BitTorrent creator Bram Cohen, just raised another $5 million in an equity round led by Slow Ventures.

By Leigh CuenAug 11, 2020

Markets

Market Wrap: Bitcoin Tests $12K; DeFi Debt Outstanding Hits Record

Bitcoin’s back on the price roller coaster and DeFi borrowing is hitting a new high.

By Daniel CawreyAug 10, 2020

Markets

ParaFi Invests and Begins Staking in Bitfinex Spin-Out Exchange

ParaFi and D1 have invested a total of $450,000 into Bitfinex spin-out DeversiFi and will now play a governance role in the project's DAO.

By Paddy BakerAug 7, 2020

Markets

Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate

Bitcoin’s price is trending up. Meanwhile, interest rates for lending crypto in DeFi are still unpredictable.

By Daniel CawreyAug 5, 2020

Tech

DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say

DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.

By William FoxleyAug 5, 2020