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

Kevin O'Leary on Stablecoin Regulation

Reacting to how DeFi should be regulated globally, "Shark Tank" star, entrepreneur, and O'Shares chairman Kevin O'Leary discusses his take on the need for stablecoin policy.

Recent Videos

Markets

Fantom, Harmony Lead Gains in Major Cryptos as DeFi Narrative Heats Up

Near broke set a new high while tokens of Cosmos gained 10% in the past 24 hours.

(Redpixel.pl/Shutterstock)

Tech

One Day After Launch, OpenSea Competitor LooksRare Sells Over $100M in NFTs

Is the long-awaited decentralized OpenSea finally here or is LooksRare propped up by wash trading?

(Dan Farrell/Unsplash)

Opinion

Kevin O'Leary's Crypto Investing Playbook

Mr. Wonderful, who holds 32 cryptocurrencies, advocates for portfolio diversification.

Celebrity investor Kevin O'Leary discussed his investment philosophy with "First Mover." (CoinDesk TV)

Tech

EPNS Goes Live in Bid to Bring Notifications to Web 3

Ethereum Push Notification Service provides the basic alert functionality that powers much of the online experience.

(Arturo Rey/Unsplash)

Finance

Decentral Park Capital Launches $75M DeFi Fund

The Web 3 fund will invest in projects, including liquid tokens, decentralized exchanges and lending protocols.

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Tech

Unstoppable Domains Launches NFT-Based Sign-On for Ethereum and Polygon

So-called “utility NFTs” can also be used to mark positions in DeFi or prove membership in communities, said Unstoppable chief Matthew Gould.

Members of the Unstoppable Domains team. (Unstoppable Domains)

Markets

Olympus Tanks 30% Led by Liquidations on Fuse, Souring Market Sentiment

Tokens of the decentralized money market were one of the biggest losers on Tuesday, reaching prices last seen in May 2021.

Greek Hero. Credit: Shutterstock

Videos

Dfinity Founder on Internet Computer Opening Ethereum Bridge

Terabethia, a new cross-blockchain bridge connecting the Ethereum network with Dfinity’s Internet Computer, will allow ERC-20 tokens to exist natively on Dfinity’s network. This comes as tokens of Internet Computer (ICP) fell 97% since their issuance in May. Dfinity founder and chief scientist Dominic Williams shares insights into the bridge and its significance in the world of DeFi.

Recent Videos

Opinion

Why We’re Shutting Our Successful Fundraising Platform

Berlin-based Neufund had a viable security token business built on Ethereum. Regulatory uncertainty is forcing it to close down.

(Claudio Schwarz/Unsplash)