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

DeFi Tech, CeFi Speed: dYdX Touts New StarkWare Integration

The throughput solution comes as Ethereum gas fees hit historic highs.

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Finance

Alameda Leads $40M Round in ‘DeFi Prime Brokerage,’ Plans Maps.me Integration

The firm’s earlier investment in a travel app starts making sense.

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Policy

SEC's Hester Peirce Says 'Alluring' DeFi Space Needs Legal Clarity

The commissioner sees DeFi as "a very good test" to see if regulators can regulate in a way that empowers investors and markets alike.

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Videos

The State of Crypto in Germany

Crypto and decentralized finance (DeFi) is booming around the world. Henrik Gebbing, co-founder of Finoa, joins “First Mover” to share his insights about the cryptocurrency market in Germany and the future of institutional investment in the European market.

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Markets

DeFi Lending Platforms Liquidate Record $115M in Loans as ETH Price Drops

You can send an Ethereum transaction, or you can buy yourself a steak dinner.

Liquidations on Tuesday across major DeFi lending platforms.

Finance

How Coinbase Is Worth $100B

Poised for a public offering, Coinbase has built an incredibly profitable business. But Binance is probably worth a lot more.

Coinbase CEO Brian Armstrong

Finance

Galaxy Digital, IOSG Lead $4.3M Funding Round for 'DeFi Bridge' Centrifuge

The company said the capital raised will be used to further grow its business.

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Finance

Convergence Protocol Raises $2M in Funding Round Led by Hashed

The funding will be used to further develop Convergence's testnet and mainnet.

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Markets

Market Wrap: Bitcoin Stabilizes After Margin Calls Fuel Biggest Plunge in Month

After a lot of drama, bitcoin’s back to trading where it was a few days ago.

CoinDesk's Bitcoin Price Index

Videos

The Impact as Ethereum Gas Fees Hit All-Time-High

Ethereum transaction fees, called "gas fees," have been rising along with ETH's value, hitting an all-time-high. "The Hash" team discusses what spillover impact this is having on DeFi products.

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