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

Market Wrap: Bitcoin Dumps to $21.9K; ETH 2.0 Affected Ether Locked in DeFi

Bitcoin dipped Monday as some liquidations took hold while Ethereum 2.0 dynamics have influenced the amount of ether locked in DeFi.

CoinDesk 20 Bitcoin Price Index

Tech

Uniswap Is the Number One Gas Guzzler on Ethereum

Decentralized exchange Uniswap burns through more gas than any other application on Ethereum.

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Markets

Decentralized Stock Trading Launching on DeFi Platform Injective Protocol

The tokenized stock offerings initially include Airbnb, Amazon and Google.

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Markets

Warp Finance Says It Recovered 75% of the $7.76M Funds Taken in Flash Loan Attack

The recovered funds should be distributed sometime late Sunday night.

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Markets

First Mover: Bitcoin Rally Stalls as 'DeFi Summer' Proves Endless

This year's explosion in decentralized finance, or DeFi, highlighted just how much innovation was happening in digital-asset markets, beyond bitcoin.

The 'Summer of DeFi' just keeps on going, with collateral locked into decentralized finance protocols surging to a new all-time high.

Markets

Warp Finance Suffers Possible $8M Flash Loan Attack

The scheme has become common in the fast-growing DeFi sector.

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Finance

Compound's New Blockchain Readies DeFi for Central Bank Digital Currencies

"We want to announce the designs for a blockchain that can scale Compound over the next century," Compound founder Robert Leshner told CoinDesk.

Compound is scaling its ambitions.

Policy

CFTC's Latest Crypto Primer Highlights DeFi, Governance

Decentralized finance and crypto governance are among a growing list of topics the Commodity Futures Trading Commission is watching in the digital asset space, it said in a new primer.

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Finance

DeFi Startup Brings Corporate Lending Terms to Miners, Traders and Market Makers

Maple Finance is a new firm out of Australia releasing a token-governed platform for institutional lending.

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Finance

OKCoin Debuts CeFi-DeFi Mashup With Portal for Stablecoin Deposits

OKCoin is allowing users to invest in decentralized finance (DeFi) applications through its site without paying gas fees.

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