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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.


Videos

UC Berkeley Ranks Third in CoinDesk’s Top Universities for Blockchain in 2021

UC Berkeley is offering its first-ever massive open online course (MOOC) on DeFi. The school has ranked third in CoinDesk's 2021 list of top universities for blockchain. Dawn Song, one of the course leaders and CEO of Oasis Labs, shares insights into the course offering and the importance of DeFi education.

Recent Videos

Videos

CoinDesk Releases Q3 Bitcoin and Blockchain Industry Report Highlighting Scalability

CoinDesk Research has published its latest quarterly report for Q3 2021, outlining the trends driving the digital asset markets, focusing on Bitcoin, Ethereum, DeFi and more.

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Markets

Велика інституційна діяльність DeFi домінує в індійській Крипто: Chainalysis

Дослідницька група блокчейну вважає, що незабаром країна може стати регіональним центром для інвестицій, пов’язаних із криптовалютою.

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Videos

E-CNY Chat Wallet to Launch, Korean Illegal Crypto Transactions Surge

China giants team up to offer e-CNY wallet in a chat application. Korea sees a surge in the amount of virtual assets used in illegal foreign transactions. DeFi protocol Compound’s technical woes continue. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Videos

Compound Founder Begs Users to Return $90M Funds Mistakenly Given Away

DeFi staking protocol Compound erroneously paid out approximately $90 million in liquidity mining rewards following an update to one of its smart contracts. The founder is now pleading to users to return the tokens and issuing a few potential threats.

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Videos

Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral

In a proposal Thursday on MakerDAO's governance forums, French multinational banking giant Société Générale (SocGen) applied for the DeFi lending platform to accept on-chain bond tokens issued by the bank as collateral for a stablecoin DAI loan for up to $20 million. "The Hash" panel discusses the historic step towards institutional adoption of DeFi.

Recent Videos

Videos

Zero Hash Founder on Expanding to DeFi and NFTs After Raising $35M

Crypto trading infrastructure provider Zero Hash is eyeing expansion into DeFi and NFTs after raising a $35 million Series C funding round led by the venture arm of Steve Cohen’s Point72. Zero Hash founder and CEO Edward Woodford discusses why he’s bullish on DeFi and NFTs, explaining how his platform works.

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Videos

DeFi Money Market Compound Overpays Millions in COMP Rewards, Founder Says $80M at Risk in Possible Exploit

In a possible exploit on Wednesday night, decentralized money market Compound has been erroneously paying out millions of dollars in COMP tokens intended as liquidity mining rewards following an update to one of its smart contracts. In one transaction, $27 million was claimed.

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Videos

DeFi Benefits From China Ban, Gamevil Increases Coinone Stake

China crypto ban to benefit DeFi space. Gamevil becomes the second-largest shareholder of Korea’s Coinone. Illicit mining operation discovered at Tehran Stock Exchange. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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