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

Developers Fork Uniswap V3, Protocol Attracts $123M in Total Value Locked

The majority of value is locked on Binance Smart Chain (BSC).

(Remi Moebs/Unsplash)

Markets

Real-World Tokenization Is Surging as TradFi Grows More Receptive to Blockchain

A number of banks and other big brands want to bring more efficiency to their transactions.

(Scott Graham/Unsplash)

Finance

DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round

The startup will launch its mainnet and stablecoin this summer.

(Yagi Studio/Getty Images)

Markets

OPNX Exchange, Which Offers FTX Claims Trading, Led by Three Arrows Founders, Is Now Live

Users can get a 50% discount on trading fees if they hold FLEX tokens.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Finance

Crypto Startup Li.Fi Raises $17.5M in Funding Round

CoinFund and Superscrypt led the round for the cross-chain bridge and decentralized exchange aggregator.

Li.Fi Team (Li.Fi)

Tech

Arbitrum Airdrop Shows Interest in DeFi, Researcher Says

DappRadar's Pedro Herrera says decentralized finance may be benefiting from the troubles at traditional banks and regulators' actions against centralized exchanges.

(Getty Images)

Markets

Internet Computer Issues ‘Liquid Bitcoin,’ for Faster, Cheaper BTC Transactions

ckBTC brings layer-2 capabilities to Bitcoin, while also ensuring greater security and decentralization than other BTC-pegged tokens, developers say.

(Getty Images)

Tech

PancakeSwap DEX Launches Version 3 on BNB Chain and Ethereum

V3 brings four different trading fee tiers: 0.01%, 0.05%, 0.25% and 1%, compared with V2's single level of 0.25%.

Pancakes.(Mae Mu/Unsplash)

Finance

Ethereum Bot Gets Attacked for $20M as Validator Strikes Back

The incident raises questions about whether validators can be trusted, one former member of the Ethereum Foundation said.

(Shutterstock, modified by CoinDesk)

Tech

Unbound Finance Will Soon Allow Stablecoin Borrowing Against Uniswap LP Positions on Arbitrum

With Unbound, Uniswap V3 LPs can borrow Unbound’s stablecoin, UND, interest-free, secured against their concentrated liquidity positions.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)