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.


Finance

ShapeShift to Shut Down, Airdrop FOX Tokens to Decentralize Itself Out of Existence

ShapeShift will send out 340 million FOX tokens across DeFi.

Erik Voorhees of ShapeShift

Videos

VanEck CEO: SEC Not Likely to Approve Bitcoin ETF This Year

Jan van Eck, CEO of the global investment manager and exchange-traded fund (ETF) pioneer VanEck, discusses the state of bitcoin ETFs in the U.S. Could the SEC approve its first US bitcoin ETF this year? “At the rate of discussions now, I would say no,” van Eck said.

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Finance

Blockchain Security Firm CertiK Raises $37M in Series B Fundraising

The round was co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures.

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Learn

DeFi Lending: 3 Major Risks to Know

Whenever navigating any unregulated space, it’s crucially important to be aware of the risks.

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Markets

Market Wrap: Bitcoin Weakens as US Inflation Hits 13-Year High

Buyers are snapping at bitcoin whenever it dips to $30,000, but the cryptocurrency’s price response to faster inflation readings is puzzling Wall Street analysts.

Bitcoin price

Markets

DeFi Gets Proactive About Policy Thanks to a $20M Grant From the Uniswap Community

"Currently DeFi is not at the table – but on the menu."

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Finance

Polychain Leads $21M Round for Retail-Oriented DEX

Shipyard’s Clipper DEX aims to attract retail traders with low trading fees.

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Finance

Superfluid Raises $9M for a New Take on Streaming Payments

Multicoin Capital is betting the real-time payments platform can power DeFi and DAOs – and also subscriptions and salaries.

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Videos

Is Solana Better Than Ethereum?

Australia-based blockchain company Power Ledger is migrating to Solana from Ethereum in search of higher speed and scalability. "The Hash" hosts discuss Solana as a rising protocol looking to take on Ethereum's dominance in the DeFi space. "Ethereum's very likely to be the winner here," host Adam B. Levine said, despite Solana's advantage over transaction speed.

Recent Videos

Markets

Synthetix Rallies as DeFi Protocol Announces Layer 2 Launch

"SNX's upside is in part supported by the latest update from the team in relation to the planned collaboration with Optimism," one analyst said.

Synthetix is used to create synthetic versions of stocks like Apple, Google and Coinbase.