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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What’s a ‘Poisoned’ Sandwich Trade on a Decentralized Exchange?

Experienced DeFi traders have been serving newbies a tainted lunch. Automated “sandwich bots” help traders manipulate prices on decentralized exchanges to siphon profits from less-experienced users. CoinDesk tech reporter Will Foxley breaks down how one DeFi trader took revenge on a mining pool by tricking its sandwich bot into purchasing fake tokens for real ETH.

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Financial Watchdog Group Updates Guidance Affecting DeFi, NFTs

The Financial Action Task Force (FATF), a global financial watchdog organization, has updated its guidance on crypto assets to be more inclusive of recent market changes, including the NFT boom and growing interest in decentralized finance. Siân Jones of XReg Consulting weighs in on what the updated guidance means for crypto regulation.

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Bank of America Says DeFi Potentially ‘More Disruptive’ Than Bitcoin

In a new report titled “Bitcoin’s Dirty Little Secrets,” Bank of America had a lot to say about bitcoin. Decentralized finance’s potential to overshadow bitcoin, the uses of Ethereum and the future of CBDCs were all also covered in BoA’s report. “The Hash” panel has a lot of unpacking to do.

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Will Bitcoin Be the Currency of the World? Scaramucci: 'It's Quite Possible'

Anthony Scaramucci, founder of Skybridge Capital and former White House communications director, discusses bitcoin, DeFi, NFTs and all things crypto. When asked about a BTC price prediction, he said, "I'm sticking with $100,000 because if I tell people what I really think ... they're gonna think that I'm nuts." But when asked about a much higher price point, he didn't rule that out.

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Grayscale Offers New Trusts in 5 More Cryptos Including Chainlink, Filecoin

“The Hash” panel weighs in on digital asset management giant Grayscale Investments launching new crypto trusts, and the implications for large institutional players digging into the world of decentralized finance (DeFi).

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Binance CEO: 'From My Perspective, We're Still in the Dip'

Binance CEO Changpeng "CZ" Zhao joins "First Mover" to discuss the latest Binance news. Why the push into DeFi with the "smart chain" exchange? Plus, CZ shares his insights on current market trends including the NFT boom, the rising price of BTC, Coinbase's valuation and whether he plans to take Binance public.

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Bitwise Launches DeFi Index Fund

Asset manager Bitwise has recently launched a DeFi index fund, which has pulled in over $30 million in sales over the past two weeks. Matt Hougan, Bitwise's chief investment officer, explains the use case for DeFi and how the average retail investor can understand decentralized finance.

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La società di asset digitali Taurus integra il protocollo Aave per migliorare l'accesso bancario a DeFi

Taurus Group ha affermato di aver integrato le versioni 1 e 2 dei protocolli Aave .

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Divorzio DeFi: Yearn annulla la collaborazione con Cover Protocol

Yearn ha aggiunto che i depositanti yVault che hanno acquistato la protezione Cover non saranno interessati.

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Insurance Giant Aon is Testing the DeFi Waters

Aon, one of the world's largest insurance companies is dipping its toe into the decentralized finance (DeFi) space. "The Hash" panel discusses what this potentially means for institutional DeFi.

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