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.


Markets

DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop

ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.

Genesis Trading CEO Michael Moro speaks at Invest: Asia 2019.

Finance

Volt Capital Unveils $10M Fund Backed by CMT Digital, Balaji Srinivasan

Soona Amhaz’s venture firm has been quietly making equity plays across the crypto space for seven months.

Volt Capital General Partner Soona Amhaz

Markets

Yearn Finance Earns $5M in Q1, Besting Total 2020 Profit

DeFi's original robo adviser for yield is betting on transparency as it grows through the bull market.

Farming continues in 2021.

Markets

DeFi Will Decentralize the Enterprise

The real innovation of decentralized finance (DeFi) is decentralization, not finance, our columnist says.

Marius Masalar/Unsplash

Finance

DeFi Portal 1inch Launches Wallet on iOS App Store

1inch routes trading orders for tokens on Ethereum and Binance Smart Chain (BSC).

Left to right: 1inch co-founder Anton Bukov, co-founder Sergej Kunz and smart contract developer Mikhail Melnik.

Videos

Will Volatility Keep Bitcoin Below $60K?

Bitcoin has been taking a breath after rocketing past $60K last month, but when will bitcoin resume its ascent? Daniel Lacalle, chief economist at Tressis Gestión, joins “First Mover” to weigh in on the current state of the crypto markets and share his thoughts on the outlook for DeFi.

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Videos

Ant Group Shares Exclusive Database Tech to Grow China’s E-Yuan

Internet giant Ant Group, which owns mobile payment leader Alipay, says it will offer technical support to help China roll out its digital currency. JD.com, a leader in China’s e-commerce space, reveals that it’s started paying some employees with the DCEP.

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Videos

Binance Adds New Tokenized Stocks on Platform for Apple, Microsoft, MicroStrategy

Despite facing regulatory pressure from UK regulators for their controversial tokenized stocks of Tesla and Coinbase, Binance is still expanding its tokenized stock offerings. “The Hash” panel discusses what Ben Powers describes as the exchange’s “move fast and break things” approach to innovation. Plus, how this impacts the innovation of DeFi products as a whole.

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Markets

DeFi Reshapes the CoinDesk 20

The recent surge in DeFi activity is altering the crypto market.

A rising tide in dollar volume has pushed the top DeFi tokens into the CoinDesk 20 list.

Markets

PancakeSwap, Uniswap, SushiSwap and More: What to Consider When Parking Crypto in a DeFi Exchange

Thinking about putting your crypto assets to work at an automated market maker like Uniswap or PancakeSwap? Here is a starting point for your research.

automated market maker (CoinDesk Archive