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

Yearn’s Cronje Backs $10M Funding Round for DeFi’s Instadapp

The India-based startup will use the funding to continue developing a “middleware” layer for the DeFi ecosystem.

Instadapp co-founders Sowmay Jain and Samyak Jain in a photo from 2019.

Videos

Domino Effect of El Salvador’s Currency Law

Edan Yago, the co-founder of decentralized finance (DeFi) protocol Sovryn with business interests in Latin America, explores the domino effect of El Salvador's bitcoin adoption on other countries. Plus, reaction to U.S. lawmakers' concerns of bitcoin's volatility.

Recent Videos

Markets

DeFi Network Karura Raises $100M Ahead of Kusama's Parachain Auction

The money came from a "crowd loan" and included more than 8,500 contributors.

Karura raises $100 million in funding.

Videos

Dapper Labs Unveils Flow-Native Stablecoin, 'FUSD', With Other ERC-20-Like Tokens to Follow

Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. "The Hash" team explores the new development and what it means for the DeFi space.

Recent Videos

Tech

Pantera, Arrington Back $5.8M Round for Unbound's Cross-Chain DeFi Stablecoin

The project's UND token interacts with AMMs like Uniswap and PancakeSwap.

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Videos

Will a Digital Dollar Solve the Crypto Ransomware Problem?

Responding to recent high-profile ransomware attacks on major food and oil companies, U.S. lawmakers are amping up their criticism of bitcoin and cryptocurrencies. Dave Jevans of CipherTrace, which tracks crypto crime and anti-money laundering trends, discusses the potential solutions to cyberattacks and whether having a digital dollar is one of them.

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Finance

Solana-Based Oxygen Taps Jump Trading in Bid to Be DeFi’s Top ‘Prime Brokerage’

Oxygen will enter its beta stage in the next two to three months, co-founder Alex Grebnev said.

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Tech

DeFi's Curve Eyes More Tokens With White Paper for Version 2

The stablecoin DEX looks to challenge Uniswap with a new model for adding volatile tokens.

Curve, DeFi, AMM

Markets

Market Wrap: Bitcoin Pops to $36.8K, Other Cryptos Higher Despite Worrying China Signals

Pessimistic news isn’t stopping the crypto spot markets from looking bullish Wednesday.

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