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

Cream Finance Announces Integration With Polygon

Cream’s users will be able to lend and borrow supported assets.

The Polygon team

Markets

CEO Brian Armstrong Flags Self-Custody, DeFi Access as Coinbase Priorities

He said the exchange will be adding assets more quickly and creating a crypto app store, among other steps.

Coinbase CEO Brian Armstrong

Videos

Is a Regulatory Crackdown on DeFi Approaching?

Tegan Kline, the co-founder of Edge and Node, a software development firm dedicated to building “the Google of the decentralized web,” explores the possible outcomes of regulators beginning to grapple with decentralized finance (DeFi). She also connects the dots between indexing protocol The Graph and the world of DeFi.

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Finance

Coinbase Debuts Savings Product With 4% APY on USDC Deposits

The crypto exchange is touting far higher yields than what traditional savings accounts can offer.

Coinbase, Nasdaq, direct listing

Finance

DeFi Meets AI: Fetch.ai Launches ‘Intelligent Automation’ for Uniswap V2 and PancakeSwap

Users will be able to create up to five “DeFi Agents” with stop-loss triggers.

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Finance

A16z Leads $12M Investment in DeFi-Native Crypto Tracing Firm Nansen

“We’re not basing our company on some KYC’d version of DeFi coming out in the future,” said Nansen CEO Alex Svanevik.

Crypto analytics is about sorting a tangle of on-chain data.

Markets

Ethereum Gas Fees at 6-Month Low as Market Cools, Layer 2 Solutions Ease Congestion

Ethereum gas fees have abated with decreasing network congestion. Also, there's Flashbots.

Ether gas fees have come down to a six-month low.

Videos

Why Did SafeDollar Plunge to Zero?

SafeDollar (SDO), a decentralized finance (DeFi) stablecoin based on the Polygon blockchain, has dropped to a value of $0 following a cyberattack. “The Hash” hosts investigate the DeFi paradigm and its associated risks.

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Tech

DeFi Insurance Upstart Risk Harbor Goes Live With $3.25M in Seed Funding

Risk Harbor uses on-chain rules and smart contracts to automate payouts for insurance claims.

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Finance

Huobi’s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternatives

Binance may gain customers because of Huobi's new restrictions.

Huobi CEO Leon Li