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 Divorce: Yearn Cancels Tie-Up With Cover Protocol

Yearn added that yVault depositors who have purchased Cover protection will be unaffected.

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Finance

DeFi and Staking Insurance Startup Unslashed Raises $2M

Experimental crypto zones like DeFi and staking are seeing an influx of insurance products, but not as we know it.

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Policy

DeFi Project Meerkat Raises Eyebrows With Claimed $31M Hack a Day After Launch

There are signs the hack was in fact an exit scam, according to reports.

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Videos

Insurance Giant Aon is Testing the DeFi Waters

Aon, one of the world's largest insurance companies is dipping its toe into the decentralized finance (DeFi) space. "The Hash" panel discusses what this potentially means for institutional DeFi.

Recent Videos

Markets

SushiSwap, Fleeing Ethereum Fees, Is Now Live on Binance Smart Chain, Fantom, Others

The move is one of the first concrete examples of the Uniswap clone going its own way.

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Markets

DeFi Index Fund Is Bitwise's Fastest Grower, With $32.5M in 2 Weeks: Hougan

The asset manager's chief investment officer says institutional interest in DeFi tokens is ramping up.

Bitwise Chief Investment Officer Matt Hougan

Tech

Wall Street Veteran Jim Bianco Says DeFi is 'Recreating' the Financial System

DeFi could do for finance what ride-sharing did for taxi companies, Bianco said.

Jim Bianco, president of Bianco Research LLC

Finance

Insurance Giant Aon Is Testing the Waters of DeFi

Aon has shaped insurance policies around cryptocurrency cold storage. Now it's eyeing the red-hot DeFi space.

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Markets

DeFi Protocol SushiSwap's SUSHI Token Hits Record High, Eyes Further Gains

Institutional investors might be warming to tokens associated with decentralized finance (DeFi).

SUSHI prices have staged a (not so steady) rally over the past month.

Tech

DeFi Money Market Compound Embraces Multi-Chain Future With 'Gateway' Testnet

“I think it’s inevitable that there is an expansion beyond just Ethereum,” Compound Finance founder Robert Leshner told CoinDesk.

Compound founder Robert Leshner