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

Exchange Aggregator OpenOcean Enables Trading on Solana Network

DeFi traders using OpenOcean can now make swaps on Solana-based exchanges.

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Videos

Paradigm's Ehrsam: DeFi Opens Door to New Possibilities Beyond Traditional Financial Systems

Speaking at Consensus 2021, Paradigm partner Fred Ehrsam and Uniswap founder Hayden Adams talked about the progression of financial building blocks, DeFi's new possibilities and its resilience.

Recent Videos

Markets

No One Can Shut Down Bitcoin, Says Binance CEO CZ

Regulatory scrutiny around Binance is likely due to a lack of clarity from governments, CZ said.

Binance CEO Changpeng "CZ" Zhao

Finance

Binance Smart Chain Adds CipherTrace for Tracking Illicit Transactions

The move could open the door to more FATF-friendly DeFi in the BSC ecosystem.

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Markets

Securitize to Issue Digital Asset Securities for Yield Funds

Securitize will issue digital asset securities for two inaugural yield funds holding BTC and USDC separately.

Co-founder and CEO Carlos Domingo

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.

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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.

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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.