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.


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Decentralized Finance (DeFi) Is Now a $100B Sector

Decentralized Finance (DeFi) is booming. According to a report from CoinGecko, the industry has reached a $100 billion capitalization and over one million users. “The Hash” breaks down DeFi’s enormous growth over the past year and explains how DeFi’s most popular product, crypto-backed fiat loans, works.

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Can Bug Bounties Help DeFi Projects Avoid Security Breaches?

Several DeFi projects, including C.R.E.A.M. Finance, have battled security breaches and exploits, raising questions about whether DeFi is mature enough to go mainstream. C.R.E.A.M.'s co-founder Leo Cheng joins "First Mover" to discuss how his sector seeks to improve security, including the launch of a $1.5 million bug bounty program.

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Will Volatility Keep Bitcoin Below $60K?

Bitcoin has been taking a breath after rocketing past $60K last month, but when will bitcoin resume its ascent? Daniel Lacalle, chief economist at Tressis Gestión, joins “First Mover” to weigh in on the current state of the crypto markets and share his thoughts on the outlook for DeFi.

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Ant Group Shares Exclusive Database Tech to Grow China’s E-Yuan

Internet giant Ant Group, which owns mobile payment leader Alipay, says it will offer technical support to help China roll out its digital currency. JD.com, a leader in China’s e-commerce space, reveals that it’s started paying some employees with the DCEP.

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Binance Adds New Tokenized Stocks on Platform for Apple, Microsoft, MicroStrategy

Despite facing regulatory pressure from UK regulators for their controversial tokenized stocks of Tesla and Coinbase, Binance is still expanding its tokenized stock offerings. “The Hash” panel discusses what Ben Powers describes as the exchange’s “move fast and break things” approach to innovation. Plus, how this impacts the innovation of DeFi products as a whole.

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Will Institutional Investors Buy the Dip?

Bitcoin sell-offs have led to a drop in price, but is this a brief pullback or the start of a larger price correction? According to Kyle Samani of Multicoin Capital, investors shouldn't be too worried. "The amount of institutional interest continues to increase in crypto," Samani said. "I expect every dip to be bought quite aggressively." Plus, his thoughts on leverage in the crypto markets and alternatives to the Ethereum blockchain for DeFi developers.

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Maker Price Soars As MakerDAO Brings Real-World Assets to DeFi

The Maker token's price has soared to a new all-time high over $4K after news that MakerDAO will allow users to use real estate to finance their loans on the platform. Will Foxley breaks down the significance of MakerDAO's move to bring real-world assets to DeFi.

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DeFi News with Erik Voorhees

ShapeShift, a non-custodial cryptocurrency leader, has integrated its decentralized exchange mobile platform with THORChain, allowing users to trade unwrapped bitcoin with litecoin and ethereum. ShapeShift CEO and Founder Erik Voorhees shares details of THORChain and why he's convinced such decentralized finance (DeFi) platforms will reduce interest in crypto ETFs.

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Is Bitcoin’s Stagnation a Sign It’s Becoming Less Volatile?

Bitcoin is known for its “lurch and lull” cycles, and last weekend’s drop in price is shaping up to be a lull as bitcoin remains stagnant around $55K. CoinDesk’s Galen Moore discusses bitcoin’s volatility and how it compares to other cryptocurrencies and DeFi.

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Building a DeFi Lending Platform on the Bitcoin Blockchain

Most decentralized finance projects are built on the Ethereum network, but Sovryn, a new DeFi project, is unique for building on the Bitcoin blockchain. Edan Yago, a contributor to the Sovryn project, discusses Sovryn and the advantages of building on Bitcoin.

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