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DeFi

Covering the most rececnt DeFi news on PoolTogether, Bitwise, Nexus, Synthetix, Framework Ventures, Reflexer Labs, Celo and more.


Tech

The Protocol: The Impact of Telegram CEO's Arrest on TON Blockchain

Blockchain analysts are reminding investors how closely the messaging app Telegram, whose just-arrested CEO Pavel Durov awaits a hearing in a French court, is intertwined with the fate of TON blockchain and its native cryptocurrency, toncoin. ALSO: What's up with Vitalik's DeFi diss?

By Bradley KeounAug 28, 2024

The Protocol: The Impact of Telegram CEO's Arrest on TON Blockchain

Opinion

Crypto Is Now a Non-negotiable for Traditional Banks

Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger.

By Lucas SchweigerAug 28, 2024

Crypto Is Now a Non-negotiable for Traditional Banks

Tech

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

By Krisztian SandorAug 27, 2024

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

Finance

MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.

By Krisztian SandorAug 27, 2024

MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

Finance

Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social

“It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform.

By Shaurya MalwaAug 23, 2024

Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social

Markets

DeFi Summer Is Making a Comeback, Steno Research Says

Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.

By Will CannyAug 23, 2024

DeFi Summer Is Making a Comeback, Steno Research Says

Markets

Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks

The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days - a large amount considering Tron’s low fees.

By Shaurya MalwaAug 22, 2024

Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks

Tech

Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management

The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).

By Sam KesslerAug 15, 2024

Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management

Finance

Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR

The company unveiled similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.

By Krisztian SandorAug 13, 2024

Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR

Finance

Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn

The report warns that protocols should improve security by using multi-sig wallets and vetting counterparty code.

By Oliver KnightAug 12, 2024

Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn

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