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.


Analyses

ZK Rollups Bring Ethereum's Decentralized Vision Into Focus

Polygon founder Mihailo Bjelic makes the case for zero knowledge technology.

Web3 world wide web based on blockchain incorporating decentralization and token based economics

Technologies

Aave DAO Votes to Integrate Chainlink Proof of Reserves to Tighten Network Security

Although the decentralized lending protocol’s data is inherently on-chain, introducing Chainlink’s PoR would help mitigate the risk of attacks on the Aave protocol.

(MidJourney/CoinDesk)

Vidéos

Uniswap DAO Members Vote for New Governance Process

Uniswap community members chose Wednesday to reform the voting process on the popular decentralized finance (DeFi) protocol in an effort to make it easier to change the way the system is governed. "The Hash" hosts discuss what this means for the Uniswap ecosystem in the latest move in the latest story illuminating the power of DAOs.

Recent Videos

Analyses

2023 Should Be the Year of On-Chain User Security

If crypto does not get its house in order, regulators will do it for them.

(DALL-E/CoinDesk)

Analyses

How Regenerative Finance Is Bringing Sustainability to Crypto

As the crypto industry surveys the ruins of 2022, it must refocus on its core promises and once again seek ways to add tangible and sustainable value.

(Francesco Gallarotti/Unsplash)

Web3

Uniswap DAO Community Members Vote in Favor of New Governance Process

After a week-long vote that ended Wednesday, nearly 100% were in favor of making changes to the voting process in an effort to reduce friction associated with community governance.

(Dall-E/CoinDesk)

Marchés

DeFi Project Popsicle’s ICE Token Triples as Controversial Wonderland Founder Returns

The sudden price surge of Popsicle’s ICE native token coincided with the controversial blockchain developer Daniele Sestagalli revealing his return to rebuild the project.

(Unsplash, modified by CoinDesk)

Analyses

DeFi’s Difficult Governance Decisions Lie Ahead

Decentralization was proven to be DeFi’s saving grace this year. Shouldn’t protocol governance also be as decentralized as possible?

(Midjourney/CoinDesk)

Finance

DeFi Protocol Ankr Says Ex-Employee Caused $5M Exploit

The company is working with law enforcement to prosecute the attacker.

(Towfiqu Barbhuiya/Unsplash)

Analyses

ReFi Is Going Mainstream

The successful Ethereum Merge is just the start of a growing movement to leverage crypto rails to fight climate change.

(Taif Rahaman/Unsplash)