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

Hackers Moved Funds Tied to $100M Harmony Exploit Over the Weekend: Report

Pseudonymous blockchain sleuth ZachXBT said a part of the funds tied to last year’s $100 million Harmony network attack worth $63.5 million (~41,000 ETH) was moved over the weekend. North Korea’s Lazarus Group was likely behind the hack, according to an analysis by blockchain research firm Elliptic. "The Hash" panel discusses the latest in the world of crypto crime and private DeFi.

Recent Videos

Videos

Is 'White Hat' Hacking Good For DeFi Protocols?

Pacific Street Managing Director Gareth Rhodes weighs in on whether hacks are beneficial to DeFi protocols, following the arrest of Mango Markets exploiter Avraham Eisenberg. "If they don't manage to find the weaknesses, North Korea will," he said.

Recent Videos

Videos

DCG Concerns Linger Amid Crypto Winter

Digital Currency Group (DCG) faces an investigation by the U.S. Department of Justice and SEC on the transfer of funds between DCG and its Genesis unit, according to a report from Bloomberg. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes weighs in. Plus, he discusses his opinion piece titled, "The Impact of Avraham Eisenberg’s Case on the Future of Crypto," focusing on whether "white hat" hacking could benefit DeFi protocols.

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Videos

Future of the BNB Chain

BNB Chain is one of the largest blockchains by daily active users, and the BNB ecosystem supports over 1,300 dapps across multiple categories, including DeFi, the metaverse, blockchain gaming and NFTs. BNB Chain Business Development Manager Alex Kim joins CoinDesk TV's Christine Lee from CES in Las Vegas to discuss the state of the BNB ecosystem in the wake of FTX's collapse and Huobi's recent layoff announcement.

CoinDesk at CES 2023

Videos

Mango Markets Exploiter Faces Fraud Charges, Filing Reveals

Court documents reveal Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained decentralized finance (DeFi) trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico. "The Hash" panel discusses the details.

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Videos

Mango Markets Exploiter Arrested in Puerto Rico on Fraud Charges

Avraham Eisenberg, the crypto investor who drained DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico on charges of commodities fraud and commodities manipulation. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.

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Finance

Na-hack ang Defrost Finance sa Pag-atake, Sinasabi ng Ilan na Maaaring Naging Rug Pull

Ang kabuuang halaga ng mga pondong naka-lock sa protocol ay bumaba sa mas mababa sa $93,000 noong Linggo mula sa humigit-kumulang $13 milyon, ayon sa data ng Defi Llama.

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Opinion

Ang DeFi Derivatives Trading ay May Hindi Nagamit na Potensyal

Kung Learn tayong magbasa ng mga Markets, gumamit ng matalinong data sa ating pagtatapon at malalampasan ang ilang mga mabilis na bump sa daan, ang mga opsyon ay tiyak na magdadala sa susunod na panahon ng DeFi sa mas mataas na pinakamataas kaysa dati.

(Kanchanara/Unsplash, modified by CoinDesk)

Opinion

Ang DeFi Derivatives Trading ay May Hindi Nagamit na Potensyal

Kung Learn tayong magbasa ng mga Markets, gumamit ng matalinong data sa ating pagtatapon at malalampasan ang ilang mga mabilis na bump sa daan, ang mga opsyon ay tiyak na magdadala sa susunod na panahon ng DeFi sa mas mataas na pinakamataas kaysa dati.

(Kanchanara/Unsplash, modified by CoinDesk)

Opinion

Binibigyang-tuon ng ZK Rollups ang Desentralisadong Paningin ng Ethereum

Ang tagapagtatag ng Polygon na si Mihailo Bjelic ay gumagawa ng kaso para sa zero knowledge Technology.

Web3 world wide web based on blockchain incorporating decentralization and token based economics