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.


Opinie

Your Right to Anonymity Ends Where Risk to My Money Begins

Privacy is a key value of crypto, and of a healthy society. But it ends when you seek wealth and influence – for good reason.

Anonymity is highly valued in crypto and hacker culture. But a higher standard of transparency may apply for those with power over others' fates. (Boy_Anupog/Getty Images)

Financiën

Brazilian Asset Manager QR Launches First Local DeFi ETF

QDFI11 was listed on the Brazilian stock exchange, B3, and tracks the Bloomberg Galaxy DeFi index.

Brazilian flag (Mateus Campos Felipe/Unsplash)

Technologie

Axie Infinity Reduces SLP Emissions to Prevent 'Collapse'

Concerns around emissions of an in-game token caused falling user numbers and a drastic plunge in SLP prices.

(AxieInfinity.com)

Technologie

DeFi’s Aave Launches Web 3 Social Media Platform ‘Lens’

Composability will be a key feature of the new offering.

Left to right: Element Finance founder Will Villanueva, Synthetix founder Kain Warwick, Aave founder Stani Kulechov and Gauntlet founder Tarun Chitra speak at 2021's Token2049 event in London. (Ian Allison/CoinDesk archives)

Video's

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

Financiën

$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

Financiën

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)

Technologie

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

Opinie

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)

Financiën

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)