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

Attacker Drains $182M From Beanstalk Stablecoin Protocol

Ethereum-based stablecoin protocol Beanstalk Farms was exploited for $182 million in a flash-loan attack over the weekend, making this the second nine-figure decentralized finance (DeFi) attack in a month.

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Videos

Nasdaq Exec on Possibility of a US Spot Bitcoin ETF

Nasdaq Head of Digital Asset Index Research Jake Rapaport discusses the Nasdaq survey that shows the growing demand for a spot bitcoin ETF in the U.S. as institutional investment in crypto shows no signs of slowing down. Rapaport also explains what regulators would need for approval. Plus, a conversation on Nasdaq’s interest in blockchain technology and decentralized finance (DeFi). 

Recent Videos

Opinion

Oo, Cool ang Crypto . Ngunit Paano Tungkol sa Pagsisimula Sa Higit pang Mga Tool na Friendly sa Gumagamit?

Ang mga cryptocurrency ay may magandang kinabukasan ngunit napakahirap pa rin para sa karamihan ng mga tao na gamitin, kabilang ang mga nakatira sa mga komunidad na kulang sa serbisyo.

Financial on-ramps are important. (Unsplash)

Videos

Fireblocks Exec on Bringing DeFi to Traditional Markets

Fireblocks Head of Corporate Strategy Adam Levine discusses the company's partnership with fintech FSI to bring decentralized finance (DeFi) accessibility to over 6,400 capital markets entities. Also, a conversation about the evolving role of banks as DeFi adoption continues to grow.

Recent Videos

Tech

Ang On-Chain Wallet Profiler Nansen ay nagdaragdag ng Solana Coverage

"Nagkaroon ng malaking pangangailangan upang ilunsad ang isang dashboard ng Solana ," sabi ni Nansen CEO Alex Svanevik.

Solana adherents gathered under the lights. (Danny Nelson/CoinDesk archives)

Markets

Market Wrap: Tumataas ang Cryptos habang Bumabalik ang Bitcoin sa Itaas sa $40K

Tumaas ng 4% ang BTC sa nakalipas na 24 na oras, kumpara sa 12% na pagtaas sa RUNE.

(jayk7/Getty Images)

Videos

Fireblocks Partners with FIS to Bring DeFi to Capital Markets

Crypto custody firm Fireblocks announced a partnership with Fortune 500 technology provider FIS to provide banks and institutional investors access to decentralized finance (DeFi) applications and crypto trading venues. “The Hash” discusses FIS providing traditional finance with a gateway to DeFi and growing investor interest in wallet technology. 

Recent Videos

Videos

Will Banks Adapt to a DeFi Future?

CoinDesk Contributor and Ernst & Young Principal Global Innovation leader Paul Brody discusses the future of the banking industry as decentralized finance (DeFi) continues to grow, drawing on historical comparisons such as how telephone companies adapted to the rise of smartphones and apps. Plus, a conversation about the highly anticipated Ethereum merge to proof-of-stake.

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