DeFi

DeFi

Finance

Uniswap pushes deeper into tokenized assets with permissioned trading pools

The framework, developed with Superstate, Securitize and Dowgo, lets regulated funds and securities trade on Uniswap while enforcing compliance rules necessary for institutions.

Uniswap logo on phone (appshunter.io/Unsplash)

Policy

SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws

The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured.

SEC Commissioner Hester Peirce (Nikhilesh De/CoinDesk)

Web3

Here is why a massive $1.6 billion in crypto liquidity is sitting idle and wasting away

About $542 million weekly sat outside active trading ranges, meaning this capital earned zero fees and provided no market depth.

Most of DeFi's "tracked" liquidity remains under utilised. (Dune/1inch)

Finance

Stripe and Swift race to control the next generation of global payments infrastructure

Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.

Adrien Duchâteau, Head of Crypto GTM at Stripe (RWA Summit)

Tech

Galaxy targets institutional stablecoin yield with new DeFi vaults

The crypto financial services firm launched Galaxy Curator, a Morpho-based platform that gives Fireblocks' 2,400 institutional clients access to onchain yield strategies.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024

Videos

Will the Clarity Act pass?

A new version of the CLARITY Act could arrive as soon as next week, but disagreements over ethics provisions leave crypto's biggest market structure bill racing against the congressional clock. Plus, Robinhood Chain processes more than $568 million in a single day, New Hampshire blocks a proposed bitcoin-backed bond, and what it all means for the future of crypto markets. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

Will the Clarity Act pass?

Finance

Aave rolls out vaults for yield-hungry fintech investors

Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits

Stani Kulechov, Aave Labs (Olivier Acuna/CoinDesk)

Videos

Elon Musk loses $50 billion in a single day; SpaceX moves bitcoin

SpaceX shares fell over 6% and Tesla dropped nearly 4% on Tuesday, wiping more than $50 billion off Elon Musk's net worth and pushing him below the $1 trillion mark. Meanwhile, SpaceX's bitcoin wallet — holding 18,712 BTC — made its first transaction in six months. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Elon Musk loses $50 billion in a single day; SpaceX moves bitcoin

Web3

DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit

The protocol’s SUMR token fell by over 18% after the incident.

Beach in the summer (Sean Oulashin/Unsplash)

Finance

Banks have stopped asking if stablecoins belong in finance, now they're considering how

Financial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030.

Standard Chartered London Office. (Olivier Acuna/CoinDesk)