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.


Finance

MakerDAO Pitches DeFi to the Masses at CES 2020

There's a "digital money" section on the show floor of this year's CES. MakerDAO's DAI is the only crypto with a booth.

CoinDesk:Distributed 2020 – Foundations Track

Tech

Store of Value Remains Crypto’s Best Use Case

Store of value was the most viable and desirable use case across crypto in 2019 and offers a basis to increase adoption in the second decade of crypto, says Ryan Zurrer of Dialectic.

Ryan Zurrer image via CoinDesk archives

Tech

Compared to Gaming and Gambling Dapps, DeFi Is Still Behind

A closer look at the data shows that decentralized applications are struggling to gain traction, and DeFi is not the main use case.

dapp users by category

Tech

When DeFi Meets Neo Banking, This Thing Gets Interesting

When you combine DeFi with wider trends in fintech, you get an existential threat to banks.

NuoPitch

Tech

3 Under-the-Radar Product Trends for 2020

Here's what 1confirmation partner Richard Chen is expecting to pop in the new year.

Credit: Shutterstock

Tech

Kyber Network Aims to Improve DeFi Liquidity With ‘Katalyst’ Protocol Upgrade

Kyber Network, the ethereum-based protocol focused on aggregating liquidity and facilitating swaps for ERC-20 tokens, is about to launch a major upgrade.

Credit: Shutterstock

Tech

Bitcoiners Are Building a Sidechain Version of Ethereum's MakerDAO

The bitcoin community may soon have its own version of ethereum’s flagship decentralized finance (DeFi) platform.

Diego Gutierrez Zaldivar image via IOVLabs

Tech

Developer Flags Big-Money Loophole for Stealing All the ETH in MakerDAO

An ethereum developer has flagged an attack on MakerDAO that could turn $20 million of MKR into $300 million of ETH.

Shutterstock

Tech

Decentralized Liquidity Is the Backbone of DeFi

How decentralized liquidity venues govern the health of DeFi.

water drop

Markets

Placeholder Leads $2 Million Seed Round for DeFi Services Provider Zerion

DeFi services provider Zerion has raised $2 million from Placeholder, Blockchain and others to build out its team.

Team image via Zerion