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.


Tech

DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say

DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.

(Keenan Constance/Unsplash)

Markets

Two Reasons Crypto's Bull Market Is Coming

Capital from dying token projects and an inflationary environment provide conditions for crypto's march towards a $1 trillion market cap.

(Shutterstock)

Tech

ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi

Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.

(Loic Leray/Unsplash)

Markets

Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever

A weak bitcoin market is not stopping Ethereum-powered DeFi growth.

Source: CoinDesk 20 Bitcoin Price Index

Finance

There’s Now an Accelerator Exclusively for DeFi Startups

The Chicago DeFi Alliance (CDA) just launched one of the first accelerator programs devoted entirely to DeFi crypto startups.

The Chicago "bean" (Hari Nandakumar/Unsplash)

Markets

DeFi-Focused Derivatives Platform Hedget Raises $500K in Seed Funding

The round was led by FBG Capital and NGC Ventures, both Asia-based venture firms.

chart screen volatility

Markets

Matic Pledges $5M in Tokens to Entice DeFi Projects Into Building on Its Network

Matic wants its incubator fund to incentivize promising DeFi projects to build on its scalable sidechain, rather than directly onto Ethereum itself.

The Matic team (Matic Network)

Finance

Huobi Hires Former Banking Giant Executive to Lead New DeFi Fund

The crypto exchange group is forming a new fund to invest tens of millions of dollars in the DeFi space.

Huobi CEO Leon Li

Markets

Crypto Long & Short: Does Decentralization Create Value or Destroy It?

This week, bitcoin rallied past $11,000 and value in DeFi climbed toward $4 billion. But what's the point of crypto if regular markets are just as volatile?

(JP Valery/Unsplash)

Markets

Five Years In, DeFi Now Defines Ethereum

Ethereum has always struggled with explaining itself to the world. With DeFi, it's found not only a new avenue of development but of self-definition.

(Alina Grubnyak/Unsplash)