Get latest articles and stories on Business at LatestLY. Decentralized finance (DeFi) is an evolving technological concept that is based on secure distributed ledgers like those used by cryptocurrencies and has plans to remove the control banks and other third parties have on money and financial services. Business News | 2 Innovative Cryptos in DeFi and Newcomer; Terra (LUNA), Avalanche (AVAX) and Sanzooz Finance (SZFT).