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.


Finanza

Exchanges descentralizados superan a contrapartes centralizadas en flujos on-chain, según Chainalysis

Con estos datos se plantea el cuestionamiento sobre la regulación de los DEX.

Michael Gronager, CEO de Chainalysis. (Danny Nelson/CoinDesk)

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DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official

A new Bank for International Settlements (BIS) working paper makes a case for “embedded supervision” that argues regulatory oversight can be built into seemingly untamable decentralized finance (DeFi) systems. “The Hash” team discusses the feasibility of such supervision and regulating open finance.

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State of DeFi: Should Chainlink Oracles Be of Concern?

As the collapse of Terra's ecosystem poses contagion risks across DeFi land, "Proof of Decentralization" Podcast Host Chris Blec unpacks the vulnerabilities and potential consequences of Chainlink oracles relying on multisig and how it could bring down all of DeFi. "This is an intentional point of control that the Chainlink team chose to keep in the protocol," Blec said.

Recent Videos

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Former Binance Exec on Spurring Crypto Adoption in Emerging Markets

Two former executives of Binance have created a $100 million venture fund with a focus on metaverse and crypto adoption in emerging markets.

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Imparare

¿Qué es DeFi?

Las aplicaciones de Finanzas descentralizadas (DeFi) tienen como objetivo eliminar a los intermediarios de nuestras finanzas cotidianas.

(Pixabay)

Mercati

No es solo LUNA: las aplicaciones DeFi de Terra han perdido $28.000 millones

Los inversores han abandonado en gran medida el ecosistema Terra, ahora evidente en los protocolos DeFi en la blockchain, y los analistas siguen siendo escépticos sobre sus perspectivas a largo plazo.

Moon (Ralph Mayhew/Unsplash)

Video

Aave’s Decentralized Social Media Platform Arrives on Polygon

DeFi lender Aave’s long-teased decentralized social media platform, Lens Protocol, is going live on the Polygon blockchain mainnet. Weeks ago, Aave founder Stani Kulechov was temporarily suspended from Twitter for proclaiming himself “interim CEO of Twitter.” “The Hash” team discusses the timing and the possible outcomes.

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Robinhood Plans ‘Web 3’ Crypto Wallet for DeFi Traders, NFT Buyers

Robinhood plans to roll out a new standalone, self-custodial crypto wallet focused on DeFi by the end of 2022. The "Web 3 crypto wallet" will cater to more "advanced" crypto users, living separately from the trading firm's existing wallet. "The Hash" squad discusses the industry implications for Robinhood's latest move in the midst of market downturn.

Recent Videos

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DeFi Locked Value Falls to Yearly Low, $27B Lost Over the Weekend

Value locked on decentralized finance (DeFi) protocols set 2022 lows this weekend amid a broader sell-off in global markets and waning interest in risk-on assets. Maxim Galash, CEO of DeFi yields platform Coinchange, discusses DeFi exploits, UST concerns, strategies for navigating the risks of open finance and more.

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