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.


Markets

Plataforma DeFi DeversiFi levanta US$ 5 milhões em uma tentativa de escalar a negociação no Ethereum

A plataforma da DeversiFi tem como objetivo impedir que pequenos e médios investidores sejam dissuadidos pelas altas taxas de GAS no Ethereum.

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Videos

DeFi Dashboard Zapper Raises $15M to Create On-Platform App Store

In a star-studded funding round that included Mark Cuban and Ashton Kutcher, the DeFi service aggregator Zapper raised $15 million to develop an on-platform app store. “The Hash” panel breaks down how Zapper can make DeFi more user-friendly and attract new investors to the DeFi space.

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Videos

JPMorgan and Other Banks Plan to Issue Credit Cards to People With No Credit

A pilot program launched by JPMorgan and several major banks will issue credit cards to people with no credit scores. Instead of credit scores, the U.S. banks will share other customer data, including bank statements and other banking habits. "The Hash" panel discusses how it's connected to crypto and how traditional finance is changing in response to DeFi.

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ING Report: DeFi Is More Disruptive to Banks than Bitcoin

A report published by Netherlands-based ING Bank concludes that decentralized finance (DeFi) is potentially more disruptive to the traditional banking sector than bitcoin. ING used DeFi platform Aave as a case study for its report. "The Hash" panel breaks down the contents of the report and discusses the role of institutions as "lego builders" in the DeFi sector.

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Bitcoin, Ether and Even Dogecoin Examples of ‘Super Healthy’ Crypto Industry

Bloq Chairman and Vesper Co-founder Matthew Roszak talks about the “insane” DOGE rally, how it exemplifies the power of crypto networks, and what he sees as evidence of a “super healthy” crypto industry. Plus, breaking down Vesper’s collaboration with Chainlink to develop an oracle for DeFi’s most cited metric: Total Value Locked.

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Why Some DeFi Projects Are Migrating from Ethereum to Alternative Blockchains

Umbrella Network, a decentralized finance (DeFi) oracle, is migrating from Ethereum to the Binance Smart Chain to save money, and they aren't the only ones. Other DeFi projects, including Dapper Labs, are transitioning away from Ethereum. Sam Kim of Umbrella Network joins "First Mover" to discuss his company's migration to Binance Smart Chain.

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Berkshire Hathaway's Charlie Munger Calls Bitcoin 'Disgusting'

Charlie Munger has not been shy about his dislike of crypto. Still, at the Berkshire Hathaway annual shareholders meeting, the 97-year old attacked bitcoin, calling it "disgusting" and "contrary to the interests of human civilization." "The Hash" panel breaks down Munger's comments and what they say about the relevance of investment giants in the DeFi age. Plus, a comparison of the performance of bitcoin vs. Berkshire Hathaway.

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‘AWS for Blockchains’ Alchemy Raises $80M In Latest Funding Round

Alchemy, a platform powering decentralized finance (DeFi) projects including top NFT marketplaces, has closed an $80 million funding round. Alchemy’s value is now over $500 million. CEO Nikil Viswanathan joins “First Mover” to discuss Alchemy’s services, its plans for the future, and whether it plans to go public.

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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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