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.


Videos

Iron Finance’s Titan Token Crashes 100%, Takes Mark Cuban Down

Decentralized Finance (DeFi) protocol Iron Finance's Titanium token (TITAN) has fallen to near zero in a sudden panic sell. Mark Cuban acknowledged having gotten hit by the crash. ​"The Hash" hosts unpack the story and the implications for the DeFi space.

Recent Videos

Videos

Iron Finance’s Titan Token Falls From $65 to Near Zero in DeFi Panic Sell

Iron Finance's Titanium token (TITAN), the share token of a one-time multibillion-dollar decentralized finance (DeFi) protocol, has fallen to near zero. CoinFund's Vanessa Grellet discusses what this experience means for the DeFi space and the potential risks of navigating open finance.

Recent Videos

Videos

BTC at Work on Ethereum?

With bitcoin prices retreating over the past month, crypto traders have increasingly tokenized BTC into synthetic versions compatible with the Ethereum blockchain, where they can be deposited for extra yield on decentralized finance (DeFi) platforms. “All About Bitcoin” host Christine Lee breaks down today’s Chart of the Day.

CoinDesk placeholder image

Videos

Crypto Derivatives Platform dYdX Raises $65M in Paradigm-Led Series C

dYdX, a San Francisco-based derivatives trading firm, has raised $65 million in its third funding round from crypto investment firm Paradigm and other market makers. “The Hash” panel takes a deep dive into the dYdX product and what this new development means for the world of decentralized finance (DeFi).

CoinDesk placeholder image

Videos

Colombian Government Implementing New Anti-Money Laundering Laws With Local Crypto Exchanges

Colombia is ready to embrace DeFi as an opportunity for its people. This does not mean the country is going against financial institutions. Colombia’s Presidential Adviser Jehudi Castro Sierra says, “they need to reinvent themselves, or someone will do it for them.”

CoinDesk placeholder image

Videos

Domino Effect of El Salvador’s Currency Law

Edan Yago, the co-founder of decentralized finance (DeFi) protocol Sovryn with business interests in Latin America, explores the domino effect of El Salvador's bitcoin adoption on other countries. Plus, reaction to U.S. lawmakers' concerns of bitcoin's volatility.

Recent Videos

Videos

Dapper Labs Unveils Flow-Native Stablecoin, 'FUSD', With Other ERC-20-Like Tokens to Follow

Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. "The Hash" team explores the new development and what it means for the DeFi space.

Recent Videos

Videos

Will a Digital Dollar Solve the Crypto Ransomware Problem?

Responding to recent high-profile ransomware attacks on major food and oil companies, U.S. lawmakers are amping up their criticism of bitcoin and cryptocurrencies. Dave Jevans of CipherTrace, which tracks crypto crime and anti-money laundering trends, discusses the potential solutions to cyberattacks and whether having a digital dollar is one of them.

CoinDesk placeholder image

Videos

Solana Labs Raises $314M in Token Sale Led by A16z, Polychain

Solana Labs has raised $314 million from top crypto venture firms, including Andreessen Horowitz and Polychain Capital. One of the most significant token sales in recent memory, it supercharges plans to build an expansive decentralized finance (DeFi) ecosystem on the Solana blockchain. Is Solana becoming a leading contender as the “ethereum killer?”

CoinDesk placeholder image