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.


Markets

Leading Latin American Venture Firm Kaszek Makes First DeFi Investment

The fund led a $3 million investment in Exactly, a startup building a decentralized credit protocol.

Hernán Kazak and Nicolas Szekasy, co-founders and managing partners of Kaszek.

Videos

Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit

Another day, another decentralized finance (DeFi) hack. DAO Maker, a fundraising platform for upcoming crypto projects that has no relation to the more widely known MakerDAO, was exploited Thursday, resulting in a loss of more than $7 million. "The Hash" team discusses the potential downside of DeFi's composability: with great possibility comes great risk.

Recent Videos

Videos

Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit

Another day, another decentralized finance (DeFi) hack. DAO Maker, a fundraising platform for upcoming crypto projects that has no relation to the more widely known MakerDAO, was exploited Thursday, resulting in a loss of more than $7 million. “The Hash” team discusses the potential downside of DeFi’s composability: with great possibility comes great risk.

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Markets

$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.

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Finance

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.

abacus, invest

Finance

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.

A DeFi degen riding a mountain of Dune Analytics data

Finance

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.

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Tech

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?

1908 photograph of a vault door

Videos

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.

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