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

Aleo Blockchain CEO the Largest Fundraising Round Ever In the Zero-Knowledge Space

Pledging to launch its private, programmable Aleo blockchain network “later this year,” crypto startup Aleo Systems raised $200 million in a Series B funding round led by SoftBank, Tiger Global, and others. Aleo’s Series B represents the largest fundraising round ever in the zero-knowledge space. Aleo CEO and CTO Howard Wu shares insights into his pitch, the Aleo community and the state of privacy-focused DeFi programmability.

Recent Videos

Finance

$4.4M Stolen in Hack of Blockchain Infrastructure Firm Meter

According to PeckShield, the hack on Saturday saw more than 1391 ETH and 2.74 BTC stolen.

Hack

Finance

DeFi Infrastructure Provider Qredo Raises $80M at $460M Valuation

10T Holdings, a crypto investment firm led by hedge fund manager Dan Tapiero, led the round.

(Getty Images)

Tech

Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound

Crypto think tank GFX Labs says a prominent whale may be attempting to swing a vote in his favor.

Tron founder Justin Sun

Opinion

A Bridge Too Far: Does the Wormhole Hack Mean the Multi-Blockchain Dream Is Dead?

Bridges and other connections between blockchains present inherent security challenges. Whether those can be solved will determine the future of the entire ecosystem.

A collapsed bridge along Forbes Avenue near Frick Park in Pittsburgh on Jan. 28, 2022. Just a few days later, a Solana-Ethereum cryptocurrency bridge called Wormhole met a similar fate. (Justin Merriman/Bloomberg via Getty Images)

Finance

JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report

Michael Cembalest looks into bitcoin, DeFi, NFTs and more – and doesn’t like what he finds.

(Nathan Laine/Bloomberg via Getty Images)

Videos

Blockchain Platform Wormhole Says It's Retrieved $324M Stolen by Hackers

Popular cross-blockchain bridge Wormhole confirmed Thursday all of its funds worth over $326 million stolen from its latest exploit had been restored, and that the bridge’s operations had resumed after the attack vector had been patched. "The Hash" team discusses the latest incident causing a stir in the Solana DeFi landscape.

Recent Videos

Opinion

The 5 Big Risk Vectors of DeFi

IntoTheBlock CEO Jesus Rodriguez offers a taxonomy for understanding risk in DeFI

Gladys Roy plays tennis with Ivan Unger (member of the "Flying Black Hats") as Frank Tomac pilots the plane at 3,000 feet. The only problem with this match is trying to retrieve a ball after it has bounced off the wing of the plane and plunged a few thousand feet.

Finance

Jump Trading Backstops Wormhole’s $320M Exploit Loss

Wormhole’s parent company has stepped in to prevent chaos across the Solana DeFi landscape.

Wormhole concept (Getty)

Markets

Trader Joe's Native Coin Climbs as the DEX Unveils 'Modular Staking'

People want their DEX tokens to be "modular" in function, and they want to price those functions independently, one investment firm said.

JOE's modular staking allows users to price token's multiple utilities differently. (Source: TradingView)