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

‘Happy Ending’ to DeFi’s Largest Hack

The attacker who hacked more than $600 million from the China-based Poly Network platform has released the private key for the remaining $141 million of the stolen cryptocurrency, putting a "happy ending" to the weeks-long saga. "The Hash" hosts discuss the key takeaways from the largest hack in decentralized finance (DeFi) history as it comes to an end.

Recent Videos

Videos

Why Bitcoin Topped $50K for First Time in 3 Months

Bitcoin is again trading above the $50,000 price tag, hitting the key psychological mark for the first time in over three months. Rachel Lin, CEO of DeFi derivatives platform SynFutures, discusses the potential factors driving the surge. Plus, her take on institutional demand for stablecoins and insights into the Asian crypto markets.

Recent Videos

Learn

What Is an Automated Market Maker?

Automated market makers incentivize users to become liquidity providers in exchange for a share of transaction fees and free tokens.

Swimming pool

Tech

Alchemy Expands Free Tier in Bid to Attract More Blockchain Developers to Platform

The blockchain infrastructure startup says easy access to developer services helps projects "unfold at a higher velocity."

Alchemy staffers pose for a team photo.

Videos

'The Defiant' Founder Camilla Russo on the Future of DeFi, Ethereum

Camila Russo, CEO of decentralized finance-focused media platform The Defiant and "The Infinite Machine" author, discusses why she believes SEC Chair Gary Gensler saying DeFi projects could be subject to regulation could only push DeFi "to be truly decentralized." Plus, her take on ether's net effect on DeFi, the Ethereum network's competitive advantage over emerging smart contract platforms and the evolution of the Ethereum community's culture.

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Markets

Solana's Luna Yield Goes Dark With Some Fearing a 'Rug Pull' Involving $6.7M

SolPad had listed Luna Yield just two days prior to the incident.

rug, bazaar

Markets

Cardano Nears All-Time High as Investors Await Smart Contracts

Expectations are rising for the blockchain to implement smart-contract functionality by next month.

Cardano founder Charles Hoskinson

Finance

VC Firm FinTech Collective Raises $250M to Support New DeFi Strategy

The funding round brings the firm’s total assets under management to over $500 million.

vcmoney

Markets

Gary Gensler Isn't Buying Your Decentralization Theater

The SEC chief has a point: DeFi is often not as decentralized as its proponents like to claim.

Gary Gensler, SEC Chairman

Videos

SEC Chair Gary Gensler Says DeFi Not Immune to Oversight

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler warned decentralized finance (DeFi) projects that reward participants with incentives or digital tokens could be subject to SEC regulation. "The Hash" hosts discuss the outlook for the DeFi regulatory landscape and how this could enable a "robust push" towards more decentralization.

Recent Videos