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.

Finance

MakerDAO on Collision Course With Banking Regulators

As MakerDAO rolls out real estate loans, banking regulators are unlikely to ignore DeFi banks, our columnist says.

By JP KoningMay 10, 2021

Tech

Sienna Network Raises $11.2M to Build Out DeFi Functionality on Secret Platform

Sienna is a privacy-first and cross-chain DeFi platform.

By Benjamin PowersMay 10, 2021

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Markets

Rari Capital Plans to Refund Stolen $10.6M in Ethereum From Dev Fund

The attack exploited Rari Capital’s integration with Alpha Finance Labs’ ibETH token.

By Jamie CrawleyMay 10, 2021

Markets

Rari Capital Reports Exploit in ETH Pool; $15M Taken

By Kevin ReynoldsMay 8, 2021

Videos

ING Report: DeFi Is More Disruptive to Banks than Bitcoin

A report published by Netherlands-based ING Bank concludes that decentralized finance (DeFi) is potentially more disruptive to the traditional banking sector than bitcoin. ING used DeFi platform Aave as a case study for its report. "The Hash" panel breaks down the contents of the report and discusses the role of institutions as "lego builders" in the DeFi sector.

May 6, 2021