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.


Opinion

2023 Should Be the Year of On-Chain User Security

If crypto does not get its house in order, regulators will do it for them.

(DALL-E/CoinDesk)

Opinion

How Regenerative Finance Is Bringing Sustainability to Crypto

As the crypto industry surveys the ruins of 2022, it must refocus on its core promises and once again seek ways to add tangible and sustainable value.

(Francesco Gallarotti/Unsplash)

Web3

Uniswap DAO Community Members Vote in Favor of New Governance Process

After a week-long vote that ended Wednesday, nearly 100% were in favor of making changes to the voting process in an effort to reduce friction associated with community governance.

(Dall-E/CoinDesk)

Markets

DeFi Project Popsicle’s ICE Token Triples as Controversial Wonderland Founder Returns

The sudden price surge of Popsicle’s ICE native token coincided with the controversial blockchain developer Daniele Sestagalli revealing his return to rebuild the project.

(Unsplash, modified by CoinDesk)

Opinion

DeFi’s Difficult Governance Decisions Lie Ahead

Decentralization was proven to be DeFi’s saving grace this year. Shouldn’t protocol governance also be as decentralized as possible?

(Midjourney/CoinDesk)

Finance

DeFi Protocol Ankr Says Ex-Employee Caused $5M Exploit

The company is working with law enforcement to prosecute the attacker.

(Towfiqu Barbhuiya/Unsplash)

Opinion

ReFi Is Going Mainstream

The successful Ethereum Merge is just the start of a growing movement to leverage crypto rails to fight climate change.

(Taif Rahaman/Unsplash)

Tech

Visa Proposes Automatic Payments Using Ethereum Layer 2 System StarkNet

Visa said self-custodial wallets could use a unique “account abstraction” method to set up automatic recurring payments on StarkNet as existing smart contracts do not currently support such steps.

Casa central de Visa en Foster City, California. (Wonderlane/Creative Commons)

Videos

Tezos Co-Founder on FTX Fallout

Tezos co-founder Kathleen Breitman reflects on the collapse of crypto exchange FTX and why the industry needs to review the “role of marketing and pumping in the cryptocurrency space.” Plus, her take on the prolonged crypto winter and developments in DeFi and Web3.

Recent Videos

Finance

Crypto Trading Protocol Drift Relaunches Into Rocky Solana DeFi Landscape

The derivatives trader is back after an eight-month hiatus.

Drift v2 (Drift Protocol)