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.

Tech

Hyperliquid Eases Token Transfers for DeFi With Integration Between HyperCore and HyperEVM

Moving assets between blockchains or within their layer 2 services isn’t always seamless, but Hyperliquid’s update makes the process easy for users and developers.

By Shaurya MalwaMar 25, 2025

Two indicators point to bearish shift in BTC. (smoms_photography/Pixabay)

Tech

World Liberty Financial-Labeled Tokens Spark Speculation of Trump-Backed Project's Stablecoin Launch

The World Liberty Financial USD token was deployed on Ethereum and BNB Chain earlier this month, and addresses linked to Wintermute and BitGo interacted with the token.

By Krisztian SandorMar 24, 2025

Finance

German Regulator Identifies 'Deficiencies' in Ethena's USDe, Orders Immediate Issuance Halt

Ethena's ENA token is down by 6.5% in the past 24 hours.

By Oliver KnightMar 21, 2025

Finance

Blockdaemon Acquires DeFi Connectivity Firm Expand to Bring Institutions to Web3

expand.network provides API access to DeFi, enabling connections to over 170 endpoints, including DEXs, bridges, lending protocols and oracles.

By Ian AllisonMar 19, 2025

Finance

Stablecoin Protocol Level Aims to Expand $80M DeFi Yield Token With Fresh Capital Raise

The protocol's lvlUSD stablecoin hit $80 million market capitalization since its beta launch and outperformed rival yield-generating stablecoins, founders told CoinDesk in an interview.

By Krisztian SandorMar 18, 2025

Policy

Crypto's DeFi Education Fund Swaps Directors as Miller Whitehouse-Levine Moves On

The advocacy group's chief legal officer, Amanda Tuminelli, will be the new executive director as her predecessor take a board role.

By Jesse HamiltonMar 13, 2025

Amanda Tuminelli, new executive director of DeFi Education Fund

Tech

Binance Labs-Backed Network Hemi Debuts $440M Mainnet to 'Unify' Bitcoin, Ethereum

Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.

By Jamie CrawleyMar 12, 2025

Jeff Garzik, co-founder of Hemi Labs (TEDx)

Policy

U.S. House Votes to Overturn IRS DeFi Broker Rule

The IRS broker rule would have been impossible to comply with for DeFi entities, one of the resolution's proponents said.

By Nikhilesh DeMar 11, 2025

Rep. Jason Smith advocating for the Congressional Review Act resolution on Tuesday ahead of the House vote. (C-SPAN)

Tech

Ethereum L2 Starknet Seeks 'Bitcoin's DeFi Take-Off Moment' With BTC Wallet Xverse

The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted

By Jamie CrawleyMar 11, 2025