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.


Finance

Payments Startup Celo Raises $20M From a16z, Electric Capital

Celo offers a blockchain payments platform using customers' cellphone numbers to secure their public keys.

Celo team

Finance

Chainlink Supporter Deutsche Telekom Has Quietly Started Staking on Blockchains

Never mind bitcoin on the balance sheet, a subsidiary of Europe’s biggest telco is taking a stake in DeFi.

deutsche telekom

Tech

DeFi's Curve Finance Is Branching Out to Polkadot

It costs a lot to swap assets on Ethereum. That's why Equilibrium is building a cross-chain version of Curve Finance on Polkadot.

Multiple curves

Finance

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

africa, network

Finance

New $50M Venture Fund Aims to Bridge East-West DeFi Investment Divide

Spartan Group's new fund has raised over $30 million in its first round, with a further $20 million expected to be raised in March or April.

Singapore

Markets

Market Wrap: The 'Elon Effect' Blasts Bitcoin to $44.8K While Ether Moons

Bitcoin and ether had record-breaking days while trending more together.

CoinDesk 20 Bitcoin Price Index

Markets

Cardano, Polkadot Market Caps Surpass XRP as Some Bet on Alternatives to Ethereum

The price of gas continues to rise on Ethereum, squeezing smaller retail traders using DEXs.

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Finance

Hardware Wallet Maker Ledger Adding DeFi Support to Mobile App

The updated app will let users connect to decentralized apps via an integration with open-source protocol WalletConnect.

Ledger

Tech

If Whales Move the Market, UniWhales Is the Whale Whisperer

Want to see how DeFi’s biggest players are trading?

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Finance

0x Labs Closes $15M Fundraising Round as ZRX Finds DeFi Market Fit

Sorry, Matcha fans: No plans for a new token to airdrop.

Matcha powder