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.
DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism' Is a Real Consumer Product
The Gauntlet founder talks about the state of crypto ahead of Consensus 2024.
Crypto for Advisors: DeFi Yields, the Revival
Crews Enochs, from Index Coop, discusses the revival of DeFi Yields and D.J. Windle answers questions about DeFi investing in Ask an Expert.
Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading
Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.
Suilend to Run Monthslong Points Program With a Twist
The protocol's's pseudonymous founder Rooter previously has been critical of "predatory" points programs.
Bitcoin ETFs Are Still 'Wildly Successful': Kraken Head of Strategy
Kraken Head of Strategy Thomas Perfumo weighs in on overall performance across the crypto market and potential approval of spot Ether ETFs in the U.S. Plus, insights on growth in the DeFi space.
The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not Done
Much-hyped restaking project EigenLayer's 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won't be ready when the token launches.
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.
Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions
The dApp Protection and Transaction Simulation products can check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional.
ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido
Depositors were originally told that bridged ether would be returned once the bridging phase was over.
Bitcoin Will Power the Next DeFi Summer
The blockchain is emerging as a critical security-provider for decentralized apps and as an asset with newfound utility and interoperability.
