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.


Tech

Ola Finance Exploited for $3.6M in Re-Entrancy Attack

The attack targeted Fuse Lending, which is an implementation of Ola Finance on the EVM-compatible Fuse blockchain.

(Denny Müller/Unsplash)

Videos

What the $625M Axie Infinity Hack Reveals About the State of Crypto

Former CIA Agent and ZeroFox Director of Intelligence Services Adam Darrah provides an in-depth analysis regarding the exploit of Axie Infinity’s Ronin network, the largest hack in decentralized finance (DeFi) history. Darrah explains how law enforcement will use blockchain information to unmask the attackers and possible missteps they made since acquiring the funds.

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How a Post-Merge Ethereum Could Attract Institutional Investment

Ethereum’s staking derivatives offer many of the qualities institutions look for in investments.

(Chenyu Guan/Unsplash)

Videos

Axie Infinity Owner to Reimburse Players After Massive Hack

The owner of Axie Infinity, blockchain gaming firm Sky Mavis, has vowed to reimburse players of stolen crypto following the $625 million exploit of the play-to-earn game’s Ronin network. “The Hash” team discusses why the attackers could face difficulties using the stolen funds, and how law enforcement could be involved in this situation.

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Videos

AAVE Surges Nearly 97% Following V3 Upgrade

Decentralized finance (DeFi) tool Aave’s native token surged nearly 97% following the protocol’s version 3 (v3) upgrade. “The Hash” team discusses Aave’s role as the leader in DeFi lending and how its growth could help mainstream adoption.

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Tech

So You’ve Stolen $600M. Now What?

After one of the largest exploits in DeFi history, the hacker of Axie’s Ronin network has limited options.

(Markus Winkler/Unsplash)

Markets

Aave’s Token Rockets 97% Since Upgrade Strengthening DeFi Capabilities

The version 3 upgrade has introduced several features to make Aave more lucrative for lenders and borrowers.

Aave means "ghost" in Finnish

Videos

What SEC’s New Proposal to Redefine ‘Dealer’ Means for DeFi

The U.S. Securities and Exchange Commission (SEC) has issued a 200-page proposal to redefine what constitutes a securities "dealer," which could have a crippling impact on decentralized finance (DeFi). “The Hash” team discusses what this new definition could mean for digital assets that are considered securities by regulators.

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Finance

Binance Upgrades Blockchain Bridge to Connect DeFi and CeFi

The firm behind the exchange is continuing its infrastructure push.

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Policy

The SEC's New Proposal to Redefine 'Dealer' Could Spell Bad News for DeFi

The 200-page proposal is ostensibly about the electronic trading of U.S. Treasurys – but many industry insiders smell a sneak attack against crypto.

SEC Chair Gensler Testifies Before Senate Banking Committee (Evelyn Hockstein-Pool/Getty Images)

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