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.


Ринки

First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags

SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.

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Ether Traders May Be Hedging Against DeFi Slowdown: Analyst

Some are calling the white-hot Defi space a bubble that is unsustainable.

(Javier Crespo/Shutterstock)

Технології

SushiSwap Migration Ushers in Era of ‘Protocol Politicians’

SushiSwap, the community-owned automated market maker, now has a new set of leaders – offering a preview of the future of crypto politics.

(Tobi Oluremi/Unsplash)

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1,000 New Token Pairs Added to Uniswap in One Week; Buyers Beware

The exchange now supports nearly 10 times more pairs than Binance.

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Технології

SushiSwap Will Withdraw Up to $830M From Uniswap Today: Why It Matters for DeFi

It's perhaps the largest test to date of a growing mood in DeFi: that all major projects should be community-owned.

Sushi, to-go (Pille-Riin Priske/Unsplash)

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Huobi Launches Crypto Saving Products to Compete With DeFi Yield Farming

Huobi's new crypto saving product is a less risky version of DeFi for crypto newbies.

Huobi

Політика

Security Firms Warn of Potential DeFi Exit Scam After $2.5M in 'Locked' Cryptos Moved

Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users' funds.

(maxuser/Shutterstock)

Фінанси

DeFi Protocol Linear Finance Raises $1.8M in Seed Round

NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital led the round.

(Shutterstock)

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DeFi's Good, Bad and Ugly

Have we forgotten the ICO craze and how long it took to revitalize the crypto industry's image?

(Kelvin Zyteng/Unsplash)

Фінанси

DeFi Meets Universal Basic Income With Just-Launched Project From eToro

eToro's GoodDollar initiative will provide a universal basic income for some of the world's poorest by incentivizing people to yield farm on its platform.

EToro (CoinDesk Archives)