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.


기술

Cross-Chain DEX Rubic Loses Over $1M in Funds After Hackers Gain Access to Private Keys

Developers suspect the attackers accessed the admin wallet's private keys using malicious software.

Revolut's customer data was compromised by a phishing attack. (Shutterstock)

금융

DeFi Protocol Solend Struck by $1.26M Oracle Exploit

The Stable, Coin98 and Kamino lending pools have all been disabled.

(Kevin Ku/Unsplash)

정책

France, Switzerland, Singapore to Test DeFi in Forex Markets

The countries' central banks started Project Mariana because they think decentralization could be the future of finance.

Singapore's central bank is among those testing DeFi for foreign exchange markets. (seng chye teo/Getty Images)

정책

Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others

The two new pilots will focus on using DeFi in trade finance and wealth management.

(Shutterstock)

금융

Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too

Project Guardian involved Ethereum scaling system Polygon, DeFi lending platform Aave and decentralized exchange Uniswap.

Han Kwee Juan, group head of strategy and planning, DBS (DBS Bank)

시장

Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan

This is the second time in a month that a lender defaulted on an unsecured loan on the decentralized lending protocol.

The dollar may soon rebound, capping gains in bitcoin. (pasja1000/Pixabay)

금융

DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave

Clave will use the pool to originate loans to Latin American businesses and consumers.

Coin98 joins a growing roster of DeFi protocols crafting their own stablecoin. (Unsplash, modified by CoinDesk)

금융

Porter Finance Team Returns for Second Shot at DeFi Bonds Project

Months after Porter Finance was shuttered due to lack of demand, three of the four team members say they still feel the potential for on-chain bond issuances is massive.

(Shutterstock)

기술

Attacker Behind $14.5M Team Finance Exploit Returns $7M

On-chain data shows that four projects affected in the attack received the stolen tokens over the weekend.

(Kevin Ku/Unsplash)

의견

‘Crypto CAT Bonds’ – A Killer App for Digital Assets?

Innovative crypto insurance could deliver a reliable interest rate-determined return to crypto investors, while helping close the reinsurance funding gap with tens of billions of dollars worth of tokens now being staked.

(Rachel Sun/CoinDesk)