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.


Videos

Polychain Capital, Three Arrows Lead $230M Investment in Avalanche Ecosystem

Fresh on the heels of a $180 million incentive program, the Avalanche Foundation announced Thursday a $230 million raise led by Three Arrows Capital and Polychain Capital to jumpstart liquidity in the network’s burgeoning decentralized finance (DeFi) ecosystem. "The Hash" squad discusses Avalanche as an emerging player entering the DeFi game, implications for VCs getting involved with the network, and the competition with Ethereum.

Recent Videos

Videos

JST Capital Co-Founder on Embracing Bitcoin's Volatility

Scott Freeman, a partner and co-founder of crypto services firm JST Capital based in the U.S. and Singapore, discusses his crypto markets assessment and outlook, explaining why he likes volatility. "The more volatility, generally, the better we do in the markets," Freeman said, although he claims bitcoin's current rangebound nature is challenging the volatility strategy. Plus, his take on Solana, DeFi landscape, crypto regulation, and more.

Recent Videos

Tech

Interoperability Startup LayerZero Comes Out of Stealth With $6M in Funding

The Series A round led by Multicoin Capital and Binance Labs should help the team build better bridges.

(Sean Gallup/Getty Images)

Finance

Yield Guild Games Taps HaloDAO to Help Gamers Put Earnings in DeFi

The agreement with HaloDAO will give gamers a chance to ape into yield farming and other aspects of decentralized finance.

Axies from the play-to-earn game Axie Infinity.

Videos

Yield Guild Games Taps HaloDAO to Help Gamers Put Earnings in DeFi

Yield Guild Games (YGG), a key investor in the “play-to-earn” arena, has teamed up with the stablecoin-focused decentralized finance (DeFi) project HaloDAO to allow its gamers to cash out using its stablecoin and gain yield. "The Hash" squad discusses the latest move signaling the importance of DeFi in emerging economies and the world of blockchain games.

Recent Videos

Markets

Bitcoin and DeFi Coins Rally, Ethereum Alternatives Drop as Solana’s Outage Triggers Sector Rotation

Solana’s and Arbitrum’s outages were bad optics for Ethereum alternatives in general.

(Kelly-Sikkema via Unsplash).jpg

Videos

What Makes Algorand One of the Hottest Proof-of-Stake Smart Contract Platforms This Year?

Sean Ford, COO of proof-of-stake smart contract platform Algorand, which is up 555% year-to-date, shares insights into Algorand's architecture and mission to "build and innovate high performing technology" following Tuesday's network failure on Solana. He discusses Algorand's key differentiators from its competitors, its role in El Salvador's Bitcoin Law, as well as the price action of ALGO. Plus, he discusses the Algorand Foundation's recently launched $300 million DeFi innovation fund.

Recent Videos

Tech

Valid Points: The Success of Ethereum’s Alternative Ecosystems

Also: Decentralization in DeFi is becoming more accessible

D3Damon/E+/Getty Images

Markets

Synthetix’s SNX Token Jumps as DeFi Project Lyra Sets New Rewards Program

“This shows a growing community of participants for the Synthetix ecosystem,” said one analyst.

Lyra's new rewards program is music to the ears of SNX holders. (Creative Commons, modified by CoinDesk)