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.


Videos

Pantera Capital Exec on How Venture Capital Is Investing in the Digital Economy

Venture capital (VC) funding for crypto startups sank 37% in Q3 to its lowest level in over a year. Pantera Capital Partner Lauren Stephanian discusses the state of VC crypto investing and institutional adoption. Plus, the impact and "pushback effect" of recent decentralized finance (DeFi) hacks on the industry.

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Markets

Celo Protocol Moola Market Loses Over $10M in Market Manipulation Attack

Over 93% of the stolen funds were returned to the protocol shortly after the attack, developers said.

(Markus Spiske/Unsplash)

Videos

SALT Lending CEO on Future of Crypto Lending, DeFi

SALT Lending CEO Shawn Owen shares a preview of his panel from I.D.E.A.S. by CoinDesk in New York City where he will be speaking about the state of money markets, decentralized lending, and DeFi at large. Plus, investment strategies for navigating crypto winter.

Recent Videos

Videos

DeFi Is the 'Absolute Killer' for Real Estate Investment: Rockoff Chains Exec

Roofstock just announced its first property sale via NFT enabled by its Web3 subsidiary "Roofstock onChain." Executives Sanjay Raghavan and Geoff Thompson join "All About Bitcoin" live from CoinDesk I.D.E.A.S. to dissect why single-family purchases would want to do business in DeFi. Plus, the risks associated with this new business model.

Recent Videos

Videos

Umee CEO on DeFi Outlook Amid Rising Inflation

Umee Founder and CEO Brent Xu discusses the path ahead for DeFi markets and the wider fintech ecosystem, explaining the impact of rising inflation. Plus, a preview of his speech "Evaluating Debt Markets in DeFi" at CoinDesk's I.D.E.A.S. 2022 in New York City.

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Markets

Crypto Wallet BitKeep Hacked for $1M in BNB Chain, Polygon Tokens

BitKeep will launch a compensation portal within three days and says it will reimburse 100% of the tokens stolen from users.

La billetera de criptomonedas BitKeep sufrió un hackeo de US$1 millón de tokens. (Unsplash)

Markets

What's in a Name? Apricot Finance's Token Surges on Similarity to Aptos Token's Ticker

Trading volumes of the tokens jumped from under $70,000 on Monday to over $2.2 million.

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

Finance

New Blockchain Aptos Unveils Controversial Tokenomics, APT Incentive Plans

Tokens that private investors hold are subject to a 12-month lockup, while the entire circulating supply will be released in the next 10 years.

Aptos Labs CEO Mo Shaikh (Tracy Wang/CoinDesk)

Tech

FTX-, A16z-Backed Aptos Blockchain Is Off to a Sluggish Start

Transaction speeds and tokenomics disappoint on the first day of transactions for the ‘Solana killer’ chain run by ex-Meta employees. Can this protocol gain the trust of investors?

Aptos Labs CEO Mo Shaikh (Tracy Wang/CoinDesk)

Tech

TempleDAO Exploiter Moves Ether Worth Over $2.5M to Tornado Cash

Over $2 million was stolen from TempleDAO last week.

The attacker behind last week’s exploit of decentralized finance (DeFi) protocol TempleDAO has moved the entirety of the illicitly-gained process to privacy mixer Tornado Cash. (Source/NOAA CC BY 2.0)