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.


Finance

Sequoia Jumps Into Token Plays With Investment in DeFi Project Parallel

June filings show the VC giant has a relationship with Coinbase Custody.

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Finance

DeFi Lender bZx Suffers Hack for Reported $55M

bZx tweeted that a private key controlling the protocol’s deployment on Polygon and Binance Smart Chain was breached.

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Markets

Value Locked in DeFi Surges. So Do the Exploits

The growth of DeFi is a net positive, but it does draw the interest of hackers and exploiters.

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Markets

How Yield Farming on Curve Is Quietly Conquering DeFi

Where does Curve’s yield come from and how is it 100 times higher than many rates offered in traditional markets?

(Peter Zelei Images/Moment/Getty Images)

Finance

Stellar Validators Vote In AMM Integration That Could Boost Liquidity

In addition to an order book-based token router, the protocol now boasts a parallel automated market maker.

(Digital Art/The Image Bank/Getty Images)

Videos

Biden Administration: Stablecoins Should Be Regulated Like Banks

The long-awaited stablecoin report from the President’s Working Group on Financial Markets (PWG) suggests prudential bank regulators should oversee stablecoin issuers. Rep. Warren Davidson (R-Ohio) shares insights into the U.S. crypto regulatory landscape for stablecoins, custody issues, DeFi, and tether.

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Finance

Crypto Investment Firm Sanctor Capital Raises $20M for First Fund

Veterans of Crypto Briefing started Sanctor earlier this year with a focus on GameFi.

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Markets

Squid Game Token Crashes; Developers Say They’ve Left the Project

The play-to-earn token inspired by the hit Netflix show has plunged to nearly zero after a dizzying rise.

Squid Game (Flickr/Tigerfish Rain)

Finance

GSR Turns Up DeFi Activity in Strategic Shift

“We just see DeFi overtaking centralized exchanges as a preferred liquidity venue,” Jake Dwyer said.

(Rachel Sun/CoinDesk)

Finance

DeFi Startup Notional Expands Fixed-Rate Lending Presence With V2 Upgrade

The crypto lending protocol’s second iteration brings an improved focus on security and liquidity.

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