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

DEX Aggregator ParaSwap Deploys on Avalanche

It’s already on Ethereum, Polygon and Binance Smart Chain. Now ParaSwap is expanding to Avalanche – with incentivized products in the works.

Ni Andrew ThurmanSet 10, 2021

ParaSwap is parachuting onto the Avalanche blockchain. (Tomas Sobek/Unsplash)

Tech

Fractionalized NFTs Get Funding Boost as SZNS Raises $4M From Framework, Dragonfly

As PleasrDAO and Paperclip grab headlines, a new service is aiming to popularize DAO-governed NFT collecting and investing.

Ni Andrew ThurmanSet 9, 2021

Tech

Harmony Has $300M for Projects Looking to Expand Beyond Ethereum

The blockchain’s Harmony Foundation is offering a boatload of ONE tokens to attract top projects.

Ni James RubinSet 9, 2021

CELEBRATING ONE: The Harmony team. (Courtesy photo)

Pananalapi

Solana-Based Game Raises $4.1M to Teach You How to DeFi

DeFi Land is a farm simulator teaching the basics of decentralized finance. Can it be a game-changer for new crypto users?

Ni Helene BraunSet 9, 2021

Pananalapi

MetaMask Hit 10M Monthly User Mark in July With Asia Leading Growth

The firm said the launch of its mobile version last September has boosted its business.

Ni Tanzeel AkhtarSet 8, 2021

MetaMask cryptocurrency wallet application on a smartphone arranged in New Hyde Park, New York, U.S., on Thursday, July 29, 2021. Lending on cryptocurrency platforms rose 7.6% from last week to $29.40 billion, according to data compiled by DeFi Pulse. Photographer: Gabby Jones/Bloomberg via Getty Images

Pananalapi

Coinbase Has Words for the SEC. Is It Listening?

The crypto exchange says a surprise legal warning came after months of transparency about its lending plans.

Ni David Z. MorrisSet 8, 2021

WASHINGTON, DC - DECEMBER 09: (L-R) Chairman of the Commodity Futures Trading Commission Gary Gensler, Federal Reserve Board Chairman Ben Bernanke and U.S. Secretary of the Treasury Jacob Lew share a moment during a Financial Stability Oversight Council (FSOC) meeting December 9, 2013 at the Treasury Department in Washington, DC. Members of FSOC met to discuss cybersecurity and receive a presentation from the Office of Financial Research on financial market developments. (Photo by Alex Wong/Getty Images)

Merkado

Large Investors Are Behind Binance Smart Chain’s Rapid Growth: Nansen

The report by the blockchain data firm counters the widespread belief that retail investors were largely responsible for Binance Smart Chain’s rapid growth.

Ni Muyao ShenSet 8, 2021

Whale Shark feeding (Andrew Marriott/Shutterstock)

Tech

Valid Points: SEC Probes DeFi, Gas Fees Stabilize

Also: The rise of layer 2s and a comeback in total value locked (TVL) on Ethereum

Ni Edward OosterbaanSet 8, 2021

(TEK IMAGE/SPL/Science Photo Library/Getty Images Plus)

Patakaran

State of Crypto: The SEC Takes on DeFi

The SEC’s investigation into DeFi platforms is unsurprising. The question is whether the U.S. regulator will bring charges.

Ni Nikhilesh DeSet 7, 2021

Mga video

Sam Bankman-Fried on Crypto's Future

29-year-old multi-billionaire Sam Bankman-Fried, head of crypto exchange FTX, trading firm Alameda Research, decentralized finance (DeFi) project Serum, and now the new owner of options platform LedgerX, joins a special episode of “First Mover” to discuss his personal mission and vision for the crypto industry at large. Plus, insights into crypto regulation, leveraged tokens, DeFi, altcoins, Web 3.0, business partnerships, altruism, and utilitarianism.

Set 7, 2021

Latest Crypto News

Ngayon

1:57 PM

Positibo

Crypto wallet maker Ledger taps former Circle exec as CFO to help lead IPO push

The crypto security firm is expanding its U.S. footprint and strengthening its leadership team as it prepares for a potential public listing.

1:25 PM

Neutral

Kalshi valuation doubles to $22 billion in latest funding round: Bloomberg

The new $1 billion investment round indicates that interest in the embattled prediction market remains.

1:12 PM

Positibo

CoinDesk 20 performance update: Aptos (APT) gains 6.3% as index rises

Bitcoin Cash (BCH), up 2.5% from Thursday, joined Aptos (APT) as a top performer.

12:51 PM

Positibo

Coinbase introduces stock perpetual futures contracts for non-U.S. customers

The contracts trade 24/7, are cash-settled in USDC and allow for up to 10-times leverage on single-stock contracts and 20-times on ETF products.

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