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.

Finance

What DeFi Has in Common With Cubism

DeFi's innovation system is reminiscent of an art movement that passes ideas back and forth until lasting breakthroughs emerge.

By Lex SokolinJan 27, 2021

Markets

Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked

Today was the first time bitcoin traded below $30,000 since Jan. 21.

By Daniel CawreyJan 27, 2021

Finance

Former Bitspark CEO George Harrap Joins Crypto PR Firm as Head of DeFi

"I've been around crypto for a decade now and DeFi has me as excited as when I mined my first bitcoin," Harrap told CoinDesk.

By Tanzeel AkhtarJan 27, 2021

Finance

EY’s Paul Brody Expects Consumer DeFi Ignition in 2021

Welcome to the world of boomer DeFi.

By Ian AllisonJan 27, 2021

Markets

Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi

Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.

By Daniel CawreyJan 26, 2021

Finance

Galaxy, Coinbase Bet $25M on DeFi Using Terra Stablecoins

The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.

By Brady DaleJan 26, 2021

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Markets

More Institutional Investors Are Buying Ether, Seeing It as a Store of Value

The ether rally appears to be more organic and driven from within the crypto industry.

By Muyao ShenJan 25, 2021

CME Group Headquarters (CoinDesk Archives)

Tech

Collateralized Debt Obligations Make Their Way Into DeFi Lending

The future of finance apparently involves Wall Street’s ghosts.

By William FoxleyJan 25, 2021

Learn

How to Stay Safe in DeFi: Red Flags and Risks You Need to Know

Scams, exploits and fatal code errors are among the biggest risks associated with using DeFi platforms.

By Ekin GençJan 21, 2021

Markets

How Cultural Differences Drive User Adoption in DeFi

Despite being virtually identical products at launch, SushiSwap and Uniswap have taken divergent paths as they respond to users, says Multicoin's principal.

By Mable JiangJan 21, 2021