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.


Policy

House and Senate Agriculture Committees Issue Bipartisan Call for CFTC Guidance on Crypto

In October, the CFTC's Behnam told a Senate committee the regulator’s crackdown on crypto crime was just the “tip of the iceberg” – now that committee wants to know what lies beneath the surface.

Rostin Behnam, chairman of the Commodity Futures Trading Commission (Andrew Harrer/Bloomberg via Getty Images)

Tech

Pay-to-Play Governance Builds Steam as Bribe Raises $4M

Is the future of DeFi governance rule by the highest bidder?

(Freddie Collins/Unsplash)

Videos

Kevin O'Leary on Stablecoin Regulation

Reacting to how DeFi should be regulated globally, "Shark Tank" star, entrepreneur, and O'Shares chairman Kevin O'Leary discusses his take on the need for stablecoin policy.

Recent Videos

Videos

Kevin O’Leary: ‘2022 Will Be the Year of the NFT’

Kevin O'Leary, aka Mr. Wonderful, discusses his views on the booming NFT market, comparing it to the collectible watch market. "I'm going to suggest that 2022 will be the year of the NFT," he said. Plus, insights into how the DeFi platform WonderFi, backed by O'Leary, is helping tackle some of the problems with navigating open finance.

Recent Videos

Markets

Fantom, Harmony Lead Gains in Major Cryptos as DeFi Narrative Heats Up

Near broke set a new high while tokens of Cosmos gained 10% in the past 24 hours.

(Redpixel.pl/Shutterstock)

Tech

One Day After Launch, OpenSea Competitor LooksRare Sells Over $100M in NFTs

Is the long-awaited decentralized OpenSea finally here or is LooksRare propped up by wash trading?

(Dan Farrell/Unsplash)

Opinion

Kevin O'Leary's Crypto Investing Playbook

Mr. Wonderful, who holds 32 cryptocurrencies, advocates for portfolio diversification.

Celebrity investor Kevin O'Leary discussed his investment philosophy with "First Mover." (CoinDesk TV)

Tech

EPNS Goes Live in Bid to Bring Notifications to Web 3

Ethereum Push Notification Service provides the basic alert functionality that powers much of the online experience.

(Arturo Rey/Unsplash)

Finance

Decentral Park Capital Launches $75M DeFi Fund

The Web 3 fund will invest in projects, including liquid tokens, decentralized exchanges and lending protocols.

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Tech

Unstoppable Domains Launches NFT-Based Sign-On for Ethereum and Polygon

So-called “utility NFTs” can also be used to mark positions in DeFi or prove membership in communities, said Unstoppable chief Matthew Gould.

Members of the Unstoppable Domains team. (Unstoppable Domains)