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.


Markets

Curve Yield Farmers Rush to Deploy $60M on Newly Launched Conic Finance, Capture 21% APY on USD Coin

Conic is the latest player in the game to offer unlocked yield rewards to users from the prominent DeFi protocol Curve.

(Peter Zelei Images/Moment/Getty Images)

Videos

DeFi Protocol Tender.fi Security Risks Exposed by White Hat Hack

TND, the native token of decentralized finance (DeFi) protocol Tender.fi, fell by 34% before recovering on Tuesday after a white hat hacker exploited $1.6 million from the platform. "The Hash" panel discusses the latest in the world of crypto crime and the vulnerabilities of open finance.

Recent Videos

Markets

DeFi Protocol Tender.fi's TND Token Plunges and Then Rebounds After White Hat Hack

A white hat hacker borrowed $1.6 million in assets despite depositing one GMX token.

Hacker (Towfiqu Barbhuiya/Unsplash)

Finance

Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report

The firm's sole director is hoping to roll out a DeFi platform to begin paying back creditors.

Hong Kong (Unsplash)

Tech

DeFi Exchange PancakeSwap to Deploy Version 3 on BNB Smart Chain in April

The project burned $27 million in its CAKE tokens on Monday.

Pancakes (Mae Mu/Unsplash)

Markets

DeFi Protocol Yearn Finance's Token Rises 7% Despite Crypto Market Plunge

YFI is up 23% against its bitcoin trading pair over the past 48 hours.

Gráfico de YFI. (Cryptowatch)

Opinion

Will DeFi Emerge From Crypto Winter Stronger?

Galaxy Digital researcher Chelsea Virga writes about the innovations happening in decentralized finance.

(Ina Hoekstra/Pixabay)

Tech

Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K

ArbiSwap’s native ARBI tokens fell from $1.5 to a fraction of a cent in the past 24 hours.

ArbiSwap’s native ARBI tokens fell from $1.5 to a fraction of a cent in the past 24 hours. (DEXTools)

Finance

Decentralized Betting Protocol Thales’ Staking Model Deploys to Arbitrum

By expanding to the largest layer 2 scaling solution, Thales aims to become more resilient and encourage protocol usage.

(Shutterstock)

Policy

DeFi to Go Under Microscope at US CFTC Advisory Group’s Opening Session

The derivative regulators’ Technology Advisory Committee will examine DeFi among other tech priorities at a March 22 meeting.

(Jesse Hamilton/CoinDesk)