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

Market Manipulation Leads to $100M Exploit on Solana DeFi Exchange Mango

A rogue crypto trader utilized millions of dollars to manipulate the prices of Mango’s MNGO tokens on the namesake Solana-based decentralized exchange (DEX) to eventually drain over $116 million in liquidity from the platform. "The Hash" panel discusses the details of the hack and revelations about the vulnerabilities of DeFi.

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Videos

Why Tribe Capital Is 'Tripling Down' on Permissionless Innovation

“Between bridges, inter-blockchain communications ... we’re doubling down, tripling down on anything permissionless innovation between and within chains," Tribe Capital CEO and co-founder Arjun Sethi says. He discusses how the latest string of DeFi hacks affects the company's investing thesis.

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Videos

Tribe Capital CEO on Crypto Industry Investment Outlook

Reacting to data indicating VC funding for crypto startups plunged to its lowest level in a year, Tribe Capital CEO and co-founder Arjun Sethi discusses the potential risks of CeFi and DeFi and his outlook for institutional adoption. Plus, growth plans for Tribe Capital.

Recent Videos

Finance

Crypto Data Science Shop Gauntlet Launches Treasury Management System for DAOs

Aera aims to make DAOs the agile, risk-aware institutions DeFi is lacking.

Gauntlet founder and CEO Tarun Chitra (Gauntlet)

Tech

Curve DAO Proposal to Enable Easier CRV Rewards Passes With Overwhelming Support

The move means projects looking to offer CRV rewards to their users would no longer need to propose their requirements to Curve’s governance community.

(vlastas/iStock/Getty Images Plus)

Finance

Zerion Raises $12.3M to Facilitate Interoperable Web3 Identity

Originally a DeFi platform that released a Web3 wallet in May, Zerion now aims to make Web3 data and identity transition seamless across applications.

Unstoppable Finance has raised $12.8 million to develop its DeFi wallet. (analogicus/Pixabay)

Finance

Solana-Based Decentralized Finance Platform Mango Hit by $100 Million Exploit

Mango's MNGO token was down over 40% after suffering from the latest massive decentralized finance exploit.

Sliced mango served up on a table (Desirae Hayes-Vitor/Unsplash)

Finance

DeFi Protocol Temple DAO Struck by $2.3M Exploit

The hack equates to around 4% of Temple DAO's total value locked (TVL).

(Towfiqu Barbhuiya/Unsplash)

Policy

EU Commission Launches Proposal for Study of Automated DeFi Supervision

The study is the latest in a series of moves in a regulatory push across the bloc. 

The EU tentatively agreed its crypto law MiCA in June. (Constantine Johnny/Getty Images)

Videos

BNB Chain Hack Like ‘Attacking Someone at the Joint of a Bone,’ Says Binance Exec

BNB Smart Chain continued operations following last weekend’s exploit where hackers stole $100 million from the platform. Binance Chief Communications Officer Patrick Hillmann discusses the details of the hack, the vulnerabilities of DeFi and what’s next.

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