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.


Opinião

Money Crypto Versus Tech Crypto

How the two faces of the ecosystem impact the regulatory discussion.

(Pablo García Saldaña/Unsplash)

Finanças

Communications Startup Dialect Issues Tech Specs for ‘Smarter Messaging’ in Crypto

"If we look at how standards get adopted, its a chaotic mix of right time right place," said CEO Chris Osborn.

Dialect has made it a lot easier to contact others. (Wikimedia Commons)

Mercados

$1B Crypto Hack Fears Spur 20% GALA Plunge, but Firm Implies It Attacked Itself as a Safeguard

"All GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE," an affiliated firm tweeted.

GALA price crashes after exploit speculation. (TradingView)

Mercados

Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan

Archblock, the underwriter of the loan, joins the court-advised liquidation process of crypto hedge fund Invictus' parent company in an attempt to recover losses for investors.

Bitcoin Corporate Treasury Adoption (Shutterstock)

Finanças

Aave Community Members Vote to Deploy on zkSync v2 Testnet

The decision will let developers evaluate whether to fully deploy its decentralized exchange on the layer 2 scaling platform that speeds up Ethereum transactions.

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

Opinião

Stop Using the Word 'Platform', and Other DeFi Language Pet Peeves

When it comes to words demonstrating how DeFi is not TradFi, it’s "not how you say it, it’s what you say," writes Aave's general counsel, Rebecca Rettig.

(Waldemar Brandt/Unsplash)

Tecnologia

Cross-Chain DEX Rubic Loses Over $1M in Funds After Hackers Gain Access to Private Keys

Developers suspect the attackers accessed the admin wallet's private keys using malicious software.

Revolut's customer data was compromised by a phishing attack. (Shutterstock)

Finanças

DeFi Protocol Solend Struck by $1.26M Oracle Exploit

The Stable, Coin98 and Kamino lending pools have all been disabled.

(Kevin Ku/Unsplash)

Política

France, Switzerland, Singapore to Test DeFi in Forex Markets

The countries' central banks started Project Mariana because they think decentralization could be the future of finance.

Singapore's central bank is among those testing DeFi for foreign exchange markets. (seng chye teo/Getty Images)

Política

Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others

The two new pilots will focus on using DeFi in trade finance and wealth management.

(Shutterstock)