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.


Tech

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.

fuse, dynamite. (Sirocco/Shutterstock)

Finance

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.

Screengrab from interview between Gem.xyz's co-founders and Nansen (YouTube)

Opinion

Want to See the Future of Banks? Look at Telcos

DeFi may allow banks to offer a wide range of services fast and efficiently, but in the end, these organizations will focus on their traditional, core strengths.

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Layer 2

DeFi Giant Yearn Leads the Way on ERC-4626 Token Standard Adoption

The new standard for yield-bearing tokens could unlock innovation in the burgeoning Ethereum economy.

(Ivan Diaz/Unsplash)

Learn

DeFi Analytics: How to Use Data to Make Smarter Investment Decisions

When it comes to DeFi investing, knowledge really is power. A big part of this comes from reliable data that can often be hard to find.

DeFi data concept (Getty Images)

Tech

Cosmos-Based Gravity DEX Rebrands and Moves Chains

The re-launch as “Crescent” comes after Gravity DEX struggled to establish itself as a larger player within the broader Cosmos ecosystem.

(Benjamin Voros/Unsplash)

Tech

Emerging DeFi Technology Trends to Watch

An introduction to crypto bridges, self-repaying loans, synthetic securities and more. This is the fourth and final part of a series on understanding DeFi.

(Choong Deng Xiang/Unsplash)

Finance

Grayscale Shuffles Mixed Crypto Funds: Adds AVAX, DOT, ATOM; Drops SUSHI, SNX

The asset manager announced changes to a trio of diversified crypto funds.

Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)

Videos

Sky Mavis Raises $150M to Reimburse Axie Infinity Hack Victims

Sky Mavis, the company behind play-to-earn game Axie Infinity, has raised $150 million in an investment round led by Binance to reimburse victims of the Ronin network hack. “The Hash” group discusses the aftermath of the largest hack in DeFi history and the growing investor appetite in blockchain gaming.

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