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

Dfyn Version 2 Goes Live With On-Chain Limit Orders and Enhanced DEX Security

The new version features dedicated vault contracts to protect against liquidity pool exploits, which have accounted for upward of $300 million in user losses since the start of this year.

(Nicholas Cappello/Unsplash)

Markets

Arbitrum Put Options Let Traders Bet on First Day Price Action

A put option that expires at $2 is selling for 76 cents on options marketplace Clober.

GMX tokens are serving as a proxy bet for Arbitrum investors. (Jason Briscoe/Unsplash)

Markets

Cryptocurrency Market Set for More Upside After Bank Problems: Bernstein

The current environment is the perfect setting for the decentralized-financial system to stand out as an alternative to traditional banking, a report from the firm said.

(Angelo Giordano/Pixabay)

Finance

Market Maker DWF Labs Invests $20M in Derivatives Trading Platform Synthetix

DWF Labs purchased $15 million worth of Synthetix's native token SNX on March 16 with a further purchase of $5 million to follow

U.S. dollars

Tech

EOS Network Ventures Commits $20M to Build Dapps and Games on EOS Blockchain

The commitment comes ahead of next month's launch of EOS Ethereum Virtual Machine (EVM).

(Shutterstock)

Markets

Arbitrum IOU, Futures Markets Heat Up Ahead of ARB Token Airdrop

An IOU token and an upcoming futures product are letting traders speculate on ARB prices ahead of this week’s claim event.

GMX tokens are serving as a proxy bet for Arbitrum investors. (Jason Briscoe/Unsplash)

Finance

AllianceBlock, ABO Digital to Offer Tokenized Structured Products

The tokens will give traditional-finance investors a compliant way to back crypto projects.

(Pixabay)

Markets

Bitcoin Holds Steady; Dogecoin Leads Slide in Major Cryptocurrencies as Traders Lock In Gains

The market saw higher-than-usual volatility this week following the collapse of crypto-friendly banks over the weekend.

(Unsplash, Kanchanara)

Finance

DeFi Exchange mStable Mulls Over Acquisition, Merger Offers

MStable’s community will vote this month on whether to accept one of the offers or sunset its struggling stablecoin investments service.

(Getty Images)

Finance

Ribbon Finance’s Native Token RBN Surges 19% Amid Options Platform Release

The token was trading at 25 cents ahead of the launch of Ribbon’s on-chain options exchange, Aevo.

RBN/USD chart on Coinbase (Cryptowatch)