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.

Policy

Industry Offers Cautious Welcome to EU’s Landmark Crypto Law MiCA

A near final leaked text is fuzzy on NFTs and could strangle the stablecoin market, some worry, but the overall reception to the bill appears to be positive.

By Jack SchicklerSep 28, 2022

A leaked draft of Europe's landmark Markets in Crypto Assets bill is being received warmly by the crypto community, despite a few concerns. (Frederic Köberl/Unsplash)

Opinion

The DeFi Financial Crime Arms Race

By taking a fresh approach to stamping out financial crime we can build a safer future for DeFi.

By Michael KarbourisSep 27, 2022

Policy

US Fed Chair Powell Urges Caution on Regulating DeFi

Some policymakers are keen to press new rules on the decentralized finance sector following the collapse of Do Kwon's terraUSD stablecoin.

By Jack SchicklerSep 27, 2022

Federal Reserve Chair Jerome Powell (Win McNamee/Getty Images)

Finance

DeFi Hub Umee Targets TradFi With Institutional Lending DAO

The cross-chain lending protocol has raised almost $40 million since June 2021.

By Cam ThompsonSep 27, 2022

Policy

French Central Bank CBDC Projects Aim to Manage DeFi Liquidity, Settle Tokenized Assets

The Bank of France is looking at a wholesale central bank digital currency that would be used by banks and financial markets.

By Jack SchicklerSep 27, 2022

The former stock exchange in Paris (Edward Berthelot/Getty Images)

Finance

Galaxy Digital Offers Crypto Price Data on Chain Via Chainlink

Crypto price data will help developers build out their platforms, Galaxy’s head of strategic opportunities said.

By Michael BellusciSep 27, 2022

Tech

Filecoin, un proyecto cripto para compartir archivos, registra un fuerte crecimiento antes del lanzamiento de la FVM

Se estima que alrededor de 20.000 usuarios individuales usan Filecoin para almacenar más de 50 millones de objetos de datos utilizados por las dapps.

By Shaurya MalwaSep 26, 2022

Videos

Disney's NFT Interest Appears to Increase With New Job Posting

The Walt Disney Company is seeking an "experienced corporate attorney" to work on "emerging technologies," including non-fungible tokens (NFTs), the metaverse, blockchain and decentralized finance (DeFi). "The Hash" hosts discuss what Disney's latest job posting could mean for the entertainment giant's future crypto initiatives.

Sep 26, 2022