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.


Tecnologie

Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse

The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, a report from the firm said.

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Mercati

Crypto Trader Auros Global Misses Payment on DeFi Loan as FTX Contagion Spreads

The company missed payment on a 2,400 wrapped ether loan worth $3 million from a M11 Credit pool on Maple Finance.

(Leon Neal/Getty Images)

Mercati

Perpetuals-Focused Decentralized Exchange GMX Surpasses Uniswap in Daily Fees Earned

On Monday, GMX earned $1.15 million in trading fees, surpassing Uniswap's $1.06 million for the first time on record.

GMX appears to be benefitting from the shift away from centralized exchanges to perpetuals-focused decentralized platforms. (Delphi Digital/Token Terminal)

Video

Centralized Crypto Exchanges Will Still Remain Dominant After FTX Collapse, JPMorgan Says

Centralized exchanges will continue to control the majority of global digital-asset trading volumes, JPMorgan said, contradicting some crypto-native experts who expect a shift toward decentralized platforms in the wake of FTX's collapse. The comments come from the bank's strategists in a note to clients. "The Hash" panel discusses the outlook for decentralized exchanges (DEXs) and DeFi adoption.

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Mercati

DeFi Lender Compound Tightens Borrowing Limits After Aave Exploit Attempt

A passed proposal introduces borrowing caps for five cryptocurrencies and sets stricter loan limits for another five.

Compound Finance will enforce new limits for borrowing to lower risk on the platform. (Unsplash)

Finanza

Aave Supporters Say Lending Freeze Will Help Transition the Network

Community members voted Monday to freeze 17 assets in the Ethereum liquidity pool to lower risk within the DeFi protocol ahead of upgrading the network to its third version.

The development lab overseeing lending protocol Aave, which means "ghost" in Finnish, is seeking $16 million from the Aave community. (Unsplash)

Mercati

DeFi Giant MakerDAO Voting on Hiking DAI Stablecoin Rewards

Increasing the DAI savings rate would increase the Maker stablecoin’s competitiveness and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO contributors said.

Could BTC price rise 44% from firms buying in the open market? (Getty Images)

Mercati

MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500M in Bonds

The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn't fly.

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Finanza

Some Things to Be Thankful For, Even Though Everything in Crypto Is On Fire

This has been an overall bad year for crypto, but here are some positive things.

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Finanza

Cardano DeFi Project Ardana Halts Development, Citing Funding, Timeline Concerns

The project closed a $10 million round led by now bankrupt crypto hedge fund firm Three Arrows Capital last year.

Cardano stablecoin platform Ardana has called it quits. (Sean Gladwell/Getty Images)