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.


Tech

DeFi Exchange Mango's $114M Exploit Was 'Market Manipulation,' Not a Hack, Ex-FBI Special Agent Says

Chris Tarbell, co-founder of crypto investigative firm Naxo, discusses why the theft was more about manipulating the platform's native token than hacking the system.

Chris Tarbell (Naxo Labs)

Videos

"Ethereum Killers" Could Take Decades to Die Away: Paul Brody

Ernst & Young Principal Paul Brody discusses the outlook for Ethereum's challengers and DeFi at large amid an increasing ecosystem dominance of the Ethereum blockchain. "Even after the winner is clearly visible, the losers take a long time to die away ... it could go on for decades," Brody said.

Recent Videos

Finance

Stealthy Crypto Hedge Fund Edge Capital Raises $66.8M for DeFi Bets

Founded in 2020, the firm uses market-neutral, macro-style strategies.

(Pixabay)

Policy

Finance Can Never Be Fully Decentralized, Says UK Central Banker

Carolyn Wilkins, advising the Bank of England on financial stability, cited issues of transparency, concentration and unpredictable events

(Dan Kitwood/Getty Images)

Tech

Binance Denies Allegations It Intends to Use Users' Uniswap Tokens for Voting

The exchange denied using users’ token holding to vote on Uniswap governance.

(Shutterstock)

Finance

Developers Excluded From Broker Label in New DCCPA Bill Draft

Stakeholders say that this latest draft of the bill tempers language that would be detrimental to DeFi.

(Mark Van Scyoc/Shutterstock)

Finance

Persistence’s Liquid Staking Protocol pSTAKE Teams Up With Anchorage Digital

Liquid staking has become more popular with institutions, particularly after the Ethereum network moved to proof-of-stake.

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Markets

With Bitcoin and Stocks Flat, Rally in DeFi Tokens Gets Notice

While top crypto assets like bitcoin and ether and traditional markets stay flat on Wednesday, DeFi assets shine.

El gráfico de información de precios muestra que el token UNI del exchange Uniswap tuvo un salto en su precio el miércoles y logró superar a los principales activos cripto, como bitcoin y ether. (CoinDesk)

Videos

Pantera Capital Exec on How Venture Capital Is Investing in the Digital Economy

Venture capital (VC) funding for crypto startups sank 37% in Q3 to its lowest level in over a year. Pantera Capital Partner Lauren Stephanian discusses the state of VC crypto investing and institutional adoption. Plus, the impact and "pushback effect" of recent decentralized finance (DeFi) hacks on the industry.

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