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

SEC Commissioner Hester Peirce on Crypto Regulation: 'We Haven't Provided the Clarity We Should'

Responding to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler saying the U.S. crypto markets won't "last long outside" the current regulatory framework, SEC Commissioner Hester Peirce discusses how she hopes to bring more regulatory clarity around cryptocurrencies. "People are innovating in areas outside of the securities space precisely because we haven't provided the clarity we should be providing," Peirce said. Plus, unpacking the Token Safe Harbor Proposal 2.0 and the potential outlook for DeFi regulation.

Recent Videos

Markets

How NFTs Fit Into DeFi

Want liquidity without selling your Bored Ape? It’s coming.

Firewood cord (Andrew Ridley/Unsplash)

Finance

Kyber Network’s Dynamic Market Maker KyberDMM Debuts on Binance Smart Chain

The exchange has listed the BEP-20 version of the KNC token to facilitate deposits and withdrawals from the BSC network.

Loi Luu, Kyber Network CEO, at CoinDesk Consensus 2018 (CoinDesk archives)

Markets

Market Wrap: Bitcoin Slips Below $48K as Focus Shifts to Regulation

Bitcoin is in pullback mode as China and the SEC have traders’ attention.

Bitcoin 24-hour price chart, CoinDesk 20

Videos

Arca CIO: Bitcoin ‘Either Worth $0 or $1M Per Token’

Jeff Dorman, CIO of fund manager Arca, discusses his long-term outlook for bitcoin’s price after the cryptocurrency failed to keep heading higher and remains in a tight range between $46,000 and $50,000. “It’s either worth $0 or it’s worth probably $1 million per token,” Dorman said.

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Finance

The CeFi-DeFi Battle Has Already Begun

Legacy companies tend to make two key mistakes in the face of internet disruption. They’re making them now about DeFi, says EY’s blockchain head.

Born separately, CeFi and DeFi are set to converge.

Tech

DeFi Analytics Community UniWhales Raises $2.2M for DAO Transition

A team on a “mission to lower DeFi brain fatigue” is upping its ambitions with new funding.

(Sean Gallup/Getty Images)

Videos

What Does the Booming NFT Markets Reveal About Blockchain and DeFi?

John Wu of Ava Labs, which launched the proof-of-stake Avalanche blockchain, discusses his assessment of the booming non-fungible token (NFT) markets. “People sense and see, finally, real use cases… and that’s why there’s a run in the alts,” Wu said, pointing to the benefits of utility on the blockchain, including Ethereum and Avalanche.

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Policy

State of Crypto: SEC vs. CFTC

A crypto turf war may be brewing between two U.S. regulators.

SEC Chair Gary Gensler

Markets

Celo, Fantom Tokens Jump on Fresh DeFi Incentive Programs

New day, new incentives for layer 1 blockchains looking to compete with Ethereum.

Tokens like CELO and FTM are flying. (Nicolas Picard/Unsplash)