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

What ING Bank Might Steal From DeFi

ING blockchain lead Mariana Gomez de la Villa said Ethereum’s composability could inform the next generation of banking services.

ING Headquarters

Videos

Can DeFi and Traditional Banks Co-Exist?

DeFi aims to eliminate the middleman in finance, making decentralized finance naturally at odds with banks. But some banks, including ING Group, are trying to innovate and work alongside DeFi technology.

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Markets

Binance Says 'Rollback' Not Possible After DeFi Exploits on Binance Smart Chain

Binance is not responsible for "rug pulls" on Binance Smart Chain, an exchange representative says.

binance

Markets

DeFi 'Raises Challenges' for Investors, Regulators, SEC's Gensler Says

The regulator has suggested that a dedicated market regulator would offer some protection against fraud and manipulation.

DeFi and crypto lending may pose issues for investors, SEC Chair Gary Gensler said.

Markets

Market Wrap: Bitcoin, Ether Climb on 'Green' Mining Plans Before Losing Steam

Major cryptocurrencies saw a pop in anticipation of a more environmentally friendly mining outlook. Then they slipped.

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Tech

Uniswap Holders Consider Arbitrum for Scaling DeFi's Top DEX

Moving an implementation of Uniswap v3 onto the rollup platform is at the heart of a new poll put forth by Compound's Robert Leshner.

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Markets

High-Yield Crypto Ecosystem Offers Alternative to Low Interest Rates

People are turning to crypto not just as a hedge against inflation but also for the high returns it can offer.

Federal Reserve building, Washington D.C.

Markets

Mark Cuban Invests in Ethereum Layer 2 Polygon

"I was a Polygon user and find myself using it more and more," Cuban said in an email.

Dallas Mavericks owner Mark Cuban

Finance

DeFi Is Rising in Chicago

The Windy City’s crypto industry has been thriving thanks to regulations in other states.

Aerial view of Chicago Downtown

Markets

Market Wrap: DeFi Token Yearn.Finance Pops 76% as Bitcoin, Ether Make Double-Digit Gains

Opportunities in the crypto market this month have led to gains on decentralized and centralized exchanges.

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