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.


Финансы

Cardano’s Commercial Arm to Invest $100M in DeFi, NFTs and Blockchain Education

A “dedicated” operation will commence next year to further DeFi, NFT solutions and blockchain education efforts.

(Jelleke Vanooteghem on Unsplash)

Рынки

UNI Token Rises 20% as China’s Blanket Ban on Crypto Businesses Puts Focus on Decentralized Exchanges

Investors turn away from centralized exchanges in the wake of China’s blanket ban on virtual currency businesses.

CoinDesk placeholder image

Технологии

Andre Cronje’s New NFT Marketplace Is a Vampire Attack Suicide Pact

Artion, the new Fantom-based NFT marketplace, is more than a fair launch: It’s an invitation to overhaul a whole market.

(Metropolitan Museum of Art, modified by CoinDesk)

Финансы

Grape Network, the Startup That Broke Solana, Raises $1.8M

Key contributor Dean Pappas said he didn’t mean for his project’s public token sale to crash an entire ecosystem. Now VCs are following suit.

(jose alfonso sierra/Unsplash)

Технологии

ShapeShift Airdrops Over $2M in FOX to Active DeFi Users

Not everyone got their slice of the pie during a $100 million airdrop in July, but now they have a second chance.

(Jeremy Hynes/Unsplash)

Финансы

Why Civic Technologies Is Building DeFi Identity Tools on Solana

Solrise Finance will host the Civic Pass, which aims to make DeFi chime with institutions.

Civic Technologies CEO Chris Hart (Civic)

Видео

Dfinity Foundation’s Internet Computer Blockchain Brings Smart-Contract Capabilities to Bitcoin Network

Blockchain company Dfinity’s Internet Computer Protocol (ICP) is integrating with bitcoin to enable smart contracts on BTC. Following a community vote to upgrade the network, it will allow developers to let their creativity run wild in developing all manner of Web 3.0 services, already seen on Ethereum from DeFi to NFTs.

CoinDesk placeholder image

Финансы

Umbrella Network Acquires Digital Advertising Oracle Lucidity for ‘Tens of Millions’

Lucidity says its oracles resolve data discrepancies by targeting fraud and waste in advertising spending and by enabling a transparent supply chain evaluation.

(Inset Agency on Unsplash)

Финансы

EToro Offers DeFi Diversification With New Portfolio

EToro’s DeFi portfolio is made up of 11 DeFi assets, including ETH, ALGO, UNI and LINK.

Magnifying glass over Etoro logo

Финансы

Custodian Cobo Wallet Closes $40M Series B to Expand Institutional DeFi Offerings

The firm wants to expand its so-called “DeFi as a Service (DaaS)” product.

CoinDesk placeholder image