- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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.
$600M Poly Heist Shows DeFi Needs Hackers to Become Unhackable
If computers will continue to do more important things, we'll require those programs to be secure. Learning what not to do is one way there.
DAOs, VCs Put $6M Behind Governance Startup Tally
If DAOs are basically a "group chat with a bank account," they're going to need more tooling to go mainstream, say Tally's founders.
Dune Analytics, Home of DIY Data Dashboards, Raises $8M in USV-Led Series A
Dune lets anyone with on-chain know-how share their data creations with the world.
Solana’s Mango Markets DEX Raises $70M in MNGO Token Sale
At its height, investors had plowed over $500 million in USDC into the trading platform’s 24-hour sale.
Returned Funds, Blacklisted Tokens Raise More Questions Than Answers in DeFi's Biggest Hack
The Poly Network attacker has returned $342 million of their $613 million haul. Should token issuers freeze the rest?
What’s Going On With Poly Network?
An address associated with the hacker who allegedly drained cross-chain decentralized finance (DeFi) platform Poly Network of roughly $600 million Tuesday has started to return the funds. “The Hash” panel discusses what’s going on with Poly in the largest hack in crypto history and what it could indicate for the future of DeFi regulation.
Largest Hack in DeFi History, ADA Hits Two-Month High
Poly Network suffers the largest hack in DeFi history. Small and mid-sized miners suffer in China exodus, and Cardano’s ADA hits a two-month high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Poly Network Prepares for Hacker to Return Millions in Stolen Crypto
The hacker who stole potentially $600 million from Poly Network asked for a multisig wallet to return the funds.
Market Wrap: Bitcoin Slips as Infrastructure Bill With Crypto Tax Provision Heads to House
Bitcoin pulled back as traders digest regulatory developments in the U.S.
