- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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.
Aave DAO to Vote on Gho Stablecoin Deployment on Ethereum
Gho has been available on the Ethereum blockchain’s Goerli testnet since February, where it has functioned without encountering any major bugs.
DeFi Protocol Holding 55% of Algorand Value to Shut Down
Algofi will close following a sharp drop in activity on the Algorand blockchain.
What Mastodon’s Critical Bug Fixes Say About Crypto’s Security Vulnerabilities
Crypto protocols are often multi-billion dollar bug bounties, for better or worse.
BOND Token Slumps 10% as BarnBridge Faces SEC Investigation
“All work on BarnBridge-related products should stop,” an appointed legal counsel said in a Discord message viewed by CoinDesk.
Exploit of Fantom, Moonriver and Dogechain Crypto Bridges Confirmed by Multichain Team
“It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain,” developers said early Friday.
Blockchain Project Interlay Wants its New Platform to Become a ‘One-Stop-Shop for Bitcoin DeFi’
“We've only seen the tip of the iceberg with bitcoin DeFi today,” said Interlay CEO and Co-founder Alexei Zamyatin in an exclusive interview with CoinDesk.
Ethereum-Based Yield Powerhouse Pendle Finance Expands to BNB Chain
Pendle offers users yields in the form of tradable digital tokens, with some strategies offering as much as 82% annualized yields on ether (ETH) and ether derivative tokens.
Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH
The Aave token has risen by 7.24% in the past 24 hours.
Crypto Custodian Cobo Argus Scores $100M in Value Locked One Week After Going Live
Argus V2 supports all open-source DeFi protocols and lets traders utilize DeFi bots to automatically monetize farming rewards, compounding and token swapping.
Poly Network Attacker Issues 'Worthless' Billions in SHIB, BNB, BUSD in Latest Crypto Hack
An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions.
