- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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.
Fireblocks Partners with FIS to Bring DeFi to Capital Markets
Crypto custody firm Fireblocks announced a partnership with Fortune 500 technology provider FIS to provide banks and institutional investors access to decentralized finance (DeFi) applications and crypto trading venues. “The Hash” discusses FIS providing traditional finance with a gateway to DeFi and growing investor interest in wallet technology.
Will Banks Adapt to a DeFi Future?
CoinDesk Contributor and Ernst & Young Principal Global Innovation leader Paul Brody discusses the future of the banking industry as decentralized finance (DeFi) continues to grow, drawing on historical comparisons such as how telephone companies adapted to the rise of smartphones and apps. Plus, a conversation about the highly anticipated Ethereum merge to proof-of-stake.
Terra's Anchor Protocol to Launch on Polkadot DeFi Hub Acala
A month after launching on Avalanche, Anchor continues its expansion onto new base layers.
MetaMask’s Institutional Arm Makes Push for DAOs With New Custody Deals
The ConsenSys-owned wallet provider says it want to bring “all organizations on planet earth into Web 3.”
Fireblocks and Fintech Major FIS Bring DeFi to Capital Markets
FIS’s client list of 6,400 asset managers, banks and brokers will have access to platforms like Aave Arc with more institution-friendly DeFi pathways to come.
DeFi Firm BloXroute Raises $70M to Fund Expansion in SoftBank-Led Round
The investment will enable the company to add to its team and extend its reach.
RociFi Labs Raises $2.7M to Enable On-Chain Credit Scoring for DeFi
The P2P lending protocol uses on-chain data, machine learning and decentralized identity information to calculate a non-fungible credit score for potential borrowers.
How Ichi Tokens Plunged 90% After Bad Debt Fiasco on Rari
Cascading liquidations on an overcollateralized pool on Rari led to a sudden price drop, observers noted.
NFT Marketplace Gem.xyz Ousts Developer Over 'Pattern of Sexual Misconduct'
Co-founder Lorens Huculak says developer "Neso" was dismissed after the team was made aware of the situation.
