DeFi

DeFi

Policy

Malta's financial regulator explores bringing parts of DeFi under MiCA's orbit

The MFSA is seeking feedback on whether decentralization should be assessed as a spectrum rather than a binary concept.

Malta. Credit: Shutterstock

Tech

Bitcoin layer-2s face a bear-market reality check

Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programmable BTC, or just a better way to borrow, lend and earn yield on it?

Bitcoin Logo

Markets

Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends

A handful of tokens continued their run while bitcoin and the rest of the crypto market stalled after the early week bounce.

(Keenan Constance/Unsplash)

Tech

Crypto’s next billion-dollar hacker may move at superhuman speed

Anthropic’s new Claude Fable 5 puts powerful cyber tools behind safety filters. DeFi, already hit by more than $840 million in hacks this year, is one of the industries with the most to lose if the filters fail.

Montage of a padlock outline superimposed over the face of a dark, hooded figure.

Tech

A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care

"It did not work," Botanix said. "At least not in this market and not in this timeline."

Closed sign (Tim Mossholder/Unsplashed, modified by CoinDesk)

Finance

Ethena lands Janus Henderson backing as asset manager invests in ENA, eyes USDe distribution

The deal underscores the trend of traditional asset managers backing DeFi infrastructure, following BlackRock's Uniswap and Apollo's Morpho investments.

Guy Young

Finance

Aave chief defends protocol's 'resilience' after $8.45 billion bank run

The founder of the largest DeFi platform blamed "third-party” entities for decentralized finance’s vulnerabilities, while independent data highlights severe gaps in Aave’s own risk architecture.

Stani Kulechov, Aave Labs (Olivier Acuna/CoinDesk)

Policy

New DeFi entrant widens field of crypto political campaign funds as elections loom

The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.

political action committees (PACs) (illustration by Jesse Hamilton/CoinDesk)

Finance

DeFi won't win over big banks until it fixes its hacking problem, executives say

Lenders are particularly interested in blockchain's back-office applications, but security failures are blocking wider adoption.

The panel at Proof of Talk in Paris.

Finance

Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users

Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.

Coinbase (appshunter.io/Unsplash)