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.


Tech

Avalanche to Include Data From Chainlink

More than 225 projects building on Avalanche are waiting for price feeds, said Ava Labs President John Wu.

Avalanche founder Emin Gun Sirer speaks at Token Summit 2018.

Markets

DeFi Isn't Better Than TradFi if People Can't Use It

Geo-fencing and other user restrictions are like “no access” signs around platforms and protocols that were built for financial inclusion.

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Tech

MakerDAO Moves to Full Decentralization; Maker Foundation to Close in 'Months'

The move by the protocol’s home office has been long expected.

MakerDAO founder Rune Christensen in Davos, Switzerland, January 2020.

Finance

DeFi Derivatives Protocol Vega Raises $43M in CoinList Token Sale

Some 21,000 unique participants took part in the offering.

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Markets

Blockchain or Blockbuster? The Choice Facing Financial Incumbents

The old-guard financial industry is aware of the competitive threat from decentralized finance, but it's not moving fast enough to catch up.

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Videos

Tether Co-Founder: ‘Tokenization of Fiat Will Happen’

Amid the explosive growth of stablecoins, Tether co-founder William Quigley discusses why stablecoins are here to stay. “Every fiat currency, globally, of any significant economy, will be tokenized,” Quigley said. “There’s a lot of people in crypto who need a safe harbor …

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Videos

State of DeFi, Crypto Crackdowns in Thailand

Mukaya (Tai) Panich, Chief Venture and Investment Officer of SCB 10x, the technology and innovation arm of Thailand’s Siam Commercial Bank, discusses the state of crypto in Thailand on the heels of its SEC banning meme, fan, and exchange tokens, as well as NFTs. Plus, her take on bridging the gap between DeFi and TradFi.

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Finance

Rolexes in DeFi? NFT Marketplace 4K Raises $3M to Combine NFTs and Luxury Goods

4K aims to bring NFTs of vault-stored valuables into the world of decentralized finance.

Rolex Submariner watch

Markets

If Stablecoins Cause Instability, Regulators Have Themselves to Blame

Pseudonymity is a key reason for the emergence of the $110 billion stablecoin market. If regulators are worried about financial stability, they should have some KYC controls.

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