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.


Mercati

Venture Arm of Thailand's Oldest Bank Says DeFi Will Disrupt Traditional Finance

"I think traditional financial companies like us should actively explore, invest and adopt DeFi," said SCB 10X's Mukaya Tai Panich.

Bangkok

Video

Building Bridges Between Traditional Banking and DeFi

Switzerland-based crypto financial infrastructure firm METACO, which enables financial institutions to issue, secure, manage, and trade digital assets, is building bridges between traditional banking and the decentralized finance (DeFi) world of crypto. METACO CEO Adrien Treccani discusses how his firm is helping the two worlds collide and how bitcoin can play a role in DeFi.

Recent Videos

Mercati

Regulators Everywhere Should Follow Wyoming’s DAO Law

Wyoming's world-first law on DAOs is the start of recognizing these legal entities worldwide, says a lawyer specializing in such arrangements.

Lusk, Wyoming, États-Unis

Politiche

Can Taiwan Become Asia’s Crypto Haven? Not Yet

As China cracks down on the crypto field, Taiwan could be an alternative destination for crypto entities but can crypto thrive in Taiwan?

View of the Taipei Skyline with Taipei 101 at night

Mercati

Zerion Raises $8.2M to Make DeFi as Easy as Coinbase

The DeFi portal has processed over $600 million in transactions since the beginning of the year.

Zerion founders Alexey Bashlykov, Vadim Koleoshkin and Evgeny Yurtaev

Mercati

Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves

Ether is attempting to break above the 50-day moving average for the first time since March.

Bitcoin 24-hour price chart, CoinDesk 20

Finanza

Ethereum-Based Shyft Network Launches, Aims for FATF-Compliant DeFi

The mainnet will host a “decentralized SWIFT” and look to connect DeFi pools without sacrificing composability.

Shyft Network co-founder Joseph Weinberg

Mercati

CoinMarketCap, Animoca Join Huobi's Public Blockchain as Validators

HECO is Huobi's answer to Binance's Smart Chain, having launched three months after BSC went live in September 2020.

shutterstock_1185999826

Mercati

Axie Profiting From Booming NFT Economy as Bitcoin Struggles

The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.

The popularity of Axie Infinity's marketplace is helping the price of the project's governance token, AXS.

Finanza

DAO Behind DeFi Pulse Index Raises $7.7M From Galaxy Digital, 1kx

Index Cooperative will use the funding to bring its ETF-like products to other blockchain networks.

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