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.


Tech

Balancer V2 Goes Live, Promising Reduced Gas Fees for DeFi Traders

In a bid to reduce Ethereum fees on the platform, all pools managed by Balancer will now be administered from a single vault.

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Finance

DARMA Capital Bets $3M on Scalable DeFi Exchange With Settlement Finality

Nahmii, not Polygon, is where DARMA is placing its bet on layer 2 scaling solutions.

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Finance

Brooker Group to Invest Almost $50M in DeFi, Dapp Startups

The publicly listed company said it already holds bitcoin.

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Policy

DeFi Is Not TradFi: Why FATF's Guidance Would Stifle Growth

FATF may have DeFi in its sights, but Aave general counsel Rebecca Rettig is keeping watch on the watchdog.

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Finance

MakerDAO on Collision Course With Banking Regulators

As MakerDAO rolls out real estate loans, banking regulators are unlikely to ignore DeFi banks, our columnist says.

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Tech

Sienna Network Raises $11.2M to Build Out DeFi Functionality on Secret Platform

Sienna is a privacy-first and cross-chain DeFi platform.

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Markets

Rari Capital Plans to Refund Stolen $10.6M in Ethereum From Dev Fund

The attack exploited Rari Capital’s integration with Alpha Finance Labs’ ibETH token.

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Videos

ING Report: DeFi Is More Disruptive to Banks than Bitcoin

A report published by Netherlands-based ING Bank concludes that decentralized finance (DeFi) is potentially more disruptive to the traditional banking sector than bitcoin. ING used DeFi platform Aave as a case study for its report. "The Hash" panel breaks down the contents of the report and discusses the role of institutions as "lego builders" in the DeFi sector.

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