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.


Videos

Grayscale Offers New Trusts in 5 More Cryptos Including Chainlink, Filecoin

“The Hash” panel weighs in on digital asset management giant Grayscale Investments launching new crypto trusts, and the implications for large institutional players digging into the world of decentralized finance (DeFi).

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Finance

When DeFi Becomes Intelligent

The combination of decentralized finance and artificial intelligence is inevitable and can unlock a new level of innovation in DeFi.

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Finance

Syndicate, an ‘AngelList for DeFi,’ Raises $1M Seed Round Led by IDEO CoLab Ventures

Still in private beta, the project intends to create a social graph for investors, developers and founders for the creative economy.

Network

Finance

$80M Deal Gone Wrong: Alameda Research, Reef Finance Spar Over Unloaded Tokens

A scuttled deal between Sam Bankman-Fried’s Alameda Research and DeFi upstart Reef Finance offers an inside look at the wild world of OTC trading.

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Tech

DeFi Projects Cream Finance, PancakeSwap Hit With ‘DNS Hijacks’

The hijacker appears to be asking users to input the 12-word seed phrase unique to each crypto wallet in order to steal funds.

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Markets

DeFi Lending Protocol Alchemix Raises $4.9M in Round Led by CMS, Alameda

Alchemix said it sold the investors the protocol's native ALCX tokens at $700 per token.

Funding

Markets

Anchor Begins Countdown to Launch of Bank-Beating DeFi Savings Account

Anchor was originally slated for an October launch, but the team pushed that back to late November. With the countdown showing on its website, this could really be it.

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Markets

SushiSwap's SUSHI Seen at $100 Value, Up Fivefold From Current Level

SUSHI's near 3,000% rise isn't over, and could be valued at $100 using a traditional dividend discount model.

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Finance

Alameda Research Pumps $20M Into Cross-Chain DeFi Platform Reef Finance

Sam Bankman-Fried's investment shop has bought $20 million in REEF tokens, with an eye to purchasing more.

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Videos

Binance CEO: 'From My Perspective, We're Still in the Dip'

Binance CEO Changpeng "CZ" Zhao joins "First Mover" to discuss the latest Binance news. Why the push into DeFi with the "smart chain" exchange? Plus, CZ shares his insights on current market trends including the NFT boom, the rising price of BTC, Coinbase's valuation and whether he plans to take Binance public.

Recent Videos