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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.


Відео

Canza Finance Co-Founder: Web3 for the Next Emerging Economies

Canza Finance's Co-Founder and CTO Oyedeji Oluwoye brings to I.D.E.A.S. 2022 a presentation on emerging economies and reveals how DeFi provides access to financial products that generate sustainable wealth for African users and help grow the African financial sector from the grassroots level.

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Consensus Magazine

Застосування DeFi, ZK Tech, NFT і багато іншого продовжить збільшуватися у 2023 році

Кризи минулого року затьмарили справжній прогрес у перспективних Крипто , пише генеральний партнер Pantera Capital Пол Верадітакіт. Ось де провідний інвестор бачить зростання в наступному році.

(Michael Dziedzic/Unsplash)

Відео

Aave's Lens Protocol Buys NFT Mobile Game Sonar

Lens Protocol, the blockchain-based social media project from decentralized finance (DeFi) lender Aave, has acquired Sonar, a mobile app whose users pilot NFT-linked avatars through digital worlds. "The Hash" panel discusses what this means for the future of Web3 social and why "now is the moment."

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Відео

DeFi Protocol Ankr Says It Will Reimburse Users Affected by $5M Exploit

Decentralized finance (DeFi) protocol Ankr said it will reimburse the users impacted by the $5 million exploit that occurred on its platform Friday. "The Hash" panel discusses the latest DeFi exploit and its possible regulatory implications.

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Відео

Is Binance Becoming Too Dominant?

Has crypto exchange Binance become too big? Binance Chief Strategy Officer Patrick Hillmann addresses the concerns around centralized crypto platforms, saying "I don't think it will really be an issue because in the end, it will be DeFi that reigns supreme."

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Відео

Centralized Crypto Exchanges Will Still Remain Dominant After FTX Collapse, JPMorgan Says

Centralized exchanges will continue to control the majority of global digital-asset trading volumes, JPMorgan said, contradicting some crypto-native experts who expect a shift toward decentralized platforms in the wake of FTX's collapse. The comments come from the bank's strategists in a note to clients. "The Hash" panel discusses the outlook for decentralized exchanges (DEXs) and DeFi adoption.

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Відео

Tornado Cash Developer Alexey Pertsev Ordered to Stay in Jail Until Late Feb

Alexey Pertsev has been ordered to stay in jail until Feb. 20 after a Netherlands court found he represented a flight risk. Perserv has been accused of facilitating money laundering by developing the now sanctioned app Tornado Cash. "The Hash" hosts discuss the latest blow to the DeFi privacy community.

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Відео

What FTX Fallout Means for VC Funding in Crypto

In Q3 of this year, venture capitalist funding for crypto startups hit a new low in 2022, at roughly $5.5 billion in fundraising, according to Galaxy Digital. Dragonfly Capital Partner Tom Schmidt discusses the impact of crypto exchange FTX's collapse on the industry and outlook for investments in DeFi and NFTs amid crypto winter.

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Думки

Розуміння податкових наслідків NFT, стейкінгу та Yield Farming

Окремі особи та установи повинні ретельно розглянути свої податкові зобов’язання та, за відсутності офіційних вказівок, проконсультуватися з податковими фахівцями або застосувати найбільш консервативний підхід, щоб уникнути дорогих майбутніх перевірок.

(Kelly Sikkema/Unsplash, modified by CoinDesk)