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.

Teknoloji

Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making It a Real Thing

A token meant for testing purposes wasn’t intended to be traded, yet some traders have pounced on the supposed opportunity.

Yazan Shaurya Malwa22 Eyl 2023

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Videolar

Ankex CEO Michael Moro: We'll Look to Enter the U.S. 'When it Makes Sense'

Non-custodial hybrid exchange Ankex moved from alpha to beta testing this week. Ankex CEO Michael Moro shares insights into the platform striking a balance between CeFi and DeFi, his regulatory outlook and current demand.

21 Eyl 2023

Piyasalar

MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target

Crypto hedge fund Ouroboros Capital says the token could test the $1,600 price level as protocol profits grow.

Yazan Krisztian Sandor20 Eyl 2023

Teknoloji

Understanding the Economics of Ethereum Layer 2s

Ethereum is on the verge of enormous growth, aided by the L2 blockchains that complement it.

Yazan Michael Nadeau20 Eyl 2023

Teknoloji

Arbitrum Blockchain Traders Can Now Protect Against 'Impermanent Loss'

GammaSwap developers say it is the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.

Yazan Shaurya Malwa20 Eyl 2023

Teknoloji

Avalanche Developer, Known for Minting Millionaires and Duds, Is Back With ‘WAGMI’ Tokens

Sestagalli’s previous Avalanche projects created a cult-like following in the 2021 bull run under the “frog nation” moniker.

Yazan Shaurya Malwa20 Eyl 2023

The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)

Politika

SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi

David Hirsch, who runs the agency’s office that handles crypto enforcement, says that apart from Coinbase and Binance, there are other exchanges and DeFi straying from the law.

Yazan Jesse Hamilton19 Eyl 2023

The U.S. Securities and Exchange Commission under Chair Gary Gensler has waged an enforcement battle against the crypto industry that shows no sign of letting up. (Drew Angerer/Getty Images)

Teknoloji

Mark Cuban Loses Nearly $1M to Crypto Scam

The billionaire said he logged in to his crypto wallets after months of inactivity but had likely clicked on a phishing link.

Yazan Shaurya Malwa18 Eyl 2023

Billionaire Dallas Mavericks owner Mark Cuban (Getty Images)

Videolar

Fireblocks CEO on Non-Custodial Wallet Service Demand in Wake of FTX Collapse

A new non-custodial wallet-as-a-service is offering fintech and corporate clients from acting as custodians, in an effort to make it easier for end users to access DeFi and other Web3 apps. Fireblocks co-founder and CEO Michael Shaulov shares insights into the move. "On the back of what happened with FTX, Celsius, and other entities last year...we've seen a lot of demand from end users to get clarity on what is the control of their wallets," Shaulov said.

15 Eyl 2023