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.

Merkado

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.

Ni Muyao ShenOkt 7, 2020

Merkado

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.

Ni Jaspreet KalraOkt 6, 2020

Merkado

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.

Ni Noelle AchesonOkt 6, 2020

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.

Ni Brady DaleOkt 6, 2020

Merkado

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.

Ni Omkar Godbole, Bradley Keoun, Sebastian SinclairOkt 6, 2020

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

Merkado

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.

Ni Daniel Cawrey, Omkar Godbole, Bradley KeounOkt 5, 2020

Merkado

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.

Ni Omkar GodboleOkt 5, 2020

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Merkado

Meet the Yield Farmers Plowing Cryptocurrency's Riskiest Trend

Yield farming could result in promising developments in the DeFi ecosystem. Nonetheless, each yield farmer told CoinDesk the same thing: This stuff is really, really risky.

Ni Daniel CawreyOkt 5, 2020

Pananalapi

CEXs vs. DEXs: The Future Battle Lines

The future will see DEXs challenge centralized exchanges by finally separating custody and exchange, says the co-founder of IDEX.

Ni Alex WearnOkt 4, 2020

Merkado

'Good Reason to Worry': What the BitMEX Indictment Means for DeFi and Bitcoin, Feat. Stephen Palley and Preston Byrne

Crypto legal experts join NLW to discuss the U.S. government’s case against BitMEX and its implications for the broader ecosystem.

Ni Nathaniel WhittemoreOkt 2, 2020