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.


Video

MakerDAO On Its Decentralization Process to Dissolve the Foundation

DeFi protocol MakerDAO plans to complete its roadmap to decentralize governance with the dissolution of its foundation in the coming months. Nadia Alvarez, head of growth at MakerDAO, joins "All About ETH" live from Ethereum Denver 2022 to discuss its journey to decentralization and key lessons learned. Plus, is the trend of DAO-ifying a buzz or a long-term revolution?

Recent Videos

Video

Could Chainlink Be the Driver for DeFi’s Growth? Bank of America Thinks So

Chainlink (LINK) could accelerate the adoption of next-generation blockchain use across finance, insurance, supply chain, gaming and gambling, Bank of America said in a research report following an investor call with Chainlink co-founder Sergey Nazarov.

CoinDesk placeholder image

Video

KPMG Canada Exec on Adding Crypto to Its Balance Sheet: ‘We Believe in This Sector’

The Canadian branch of accounting giant KPMG has acquired bitcoin and ether on its balance sheet. KPMG Canada’s Kareem Sadek shares his insights into the firm making its first allocation of crypto assets to its corporate treasury.

CoinDesk placeholder image

Video

Dapper Labs Exec Talks Flow Network: ‘It’s Not Just an NFT Blockchain’

Matthieu Jobbé-Duval, head of financial products at Dapper Labs, which oversees the Flow ecosystem, including NBA Top Shot and NFL All Day, discusses the latest on Flow, including introducing ERC-20 token wrapped FLOW (wFLOW). What does this mean for DeFi users on Ethereum?

CoinDesk placeholder image

Video

Aleo Blockchain CEO the Largest Fundraising Round Ever In the Zero-Knowledge Space

Pledging to launch its private, programmable Aleo blockchain network “later this year,” crypto startup Aleo Systems raised $200 million in a Series B funding round led by SoftBank, Tiger Global, and others. Aleo’s Series B represents the largest fundraising round ever in the zero-knowledge space. Aleo CEO and CTO Howard Wu shares insights into his pitch, the Aleo community and the state of privacy-focused DeFi programmability.

Recent Videos

Video

Blockchain Platform Wormhole Says It's Retrieved $324M Stolen by Hackers

Popular cross-blockchain bridge Wormhole confirmed Thursday all of its funds worth over $326 million stolen from its latest exploit had been restored, and that the bridge’s operations had resumed after the attack vector had been patched. "The Hash" team discusses the latest incident causing a stir in the Solana DeFi landscape.

Recent Videos

Video

WisdomTree Exec on Bitcoin: ‘It’s an Adoption Game’

Will Peck, head of digital assets at WisdomTree, discusses his optimistic and bullish outlook for bitcoin. “It’s an adoption game,” Peck said. “Long-term, if you’re talking about continued adoption of an asset class and a technology … you’d see continued growth in it going forward.”

CoinDesk placeholder image

Opinioni

La Privacidad que DeFi necesita para triunfar

La adopción generalizada de herramientas DeFi requerirá mucho más secreto, pero no demasiado, sino el tipo adecuado, afirma el columnista de CoinDesk JP Koning. Esta publicación es parte de la Semana de la Privacidad de CoinDesk.

(Arthur Mazi/Unsplash)