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

How Bitcoin Could Become the Reserve Asset for DeFi, Feat. Qiao Wang

Crypto trader, analyst and operator Qiao Wang looks at bitcoin’s macro resilience and why DeFi is here to stay.

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Videos

Cooper Turley: ‘Yield Farming Actually Adds Value to the Ecosystem’

Cooper Turley, yield farmer and editor of the DeFi Rate, joins CoinDesk senior markets reporter Daniel Cawrey to discuss the latest trend in DeFi going into autumn: why people are now using stablecoins to farm and the transparency for a fair protocol launch.

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Videos

RAC on DeFi and Yield Farming: ‘These Days It Feels Like a Full-Time Job’

RAC, the Grammy award-winning artist and part-time yield farmer says, “These days it feels more like a full-time job.” RAC joins CoinDesk senior markets reporter Daniel Cawrey to discuss the day in the life of a musician turned yield farmer during lockdowns, the end of DeFi and the future of NFTs.

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Markets

Amid US-China Tech War, Can Neo’s DeFi Stack Rival Ethereum’s?

Neo revealed its ambition to beat the second-largest blockchain by market cap during a time when Chinese firms such as TikTok and Huawei successfully established their dominance in an international market.

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Markets

SEC Commissioner Peirce Chats About DeFi, Tokens and Her Unikrn Dissent at LA Blockchain Summit

While Peirce steered clear of commenting on specific DeFi projects like SushiSwap, she pointed out that issuers of governance tokens do have to think about how they share characteristics with equities.

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Markets

These 3 Trends Are Driving Crypto Market Growth Now

The latest CoinDesk Quarterly Review looks at some of the main drivers of crypto market evolution including DeF, derivatives and stablecoins.

What drove growth in Q3? Stablecoins, DeFi and derivatives.

Tech

MetaMask Gets Into the Decentralized Exchange Aggregation Business With Token Swaps

MetaMask announced a new feature Tuesday: token swaps directly within the popular Ethereum browser extension and mobile application.

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Markets

First Mover: Bitcoiners May Not Care if Dollar Keeps Its Reserve Status

What if the dollar keeps its reserve status? PLUS: FCA ban, McAfee arrest, commercial real-estate wipeout.

Just as this chariot carried Julius Caesar's trophy of war, the dollar could retain its reserve-currency status.

Markets

First Mover: Day in the Life of a Yield Farmer Means Part-Time Gig, Full-Time Risk

Yield farming steals crypto traders' obsession as bitcoin's volatility falls to 180-day low; Coinbase employees take severance.

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Markets

Open Interest in CME Bitcoin Futures Slides as Market Sapped by Surging DeFi

Institutional interest in bitcoin futures has plummeted as the DeFi explosion made carry trades less attractive, said Bequant's Denis Vinokourov.

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