Decentralized Finance

Decentralized Finance

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Cell Protocol Wants to 'Democratize' Liquidity in DeFi

The team, finalists during Web 3 Pitch Fest, wants to expand the network "horizontally and vertically" across exchanges and blockchains.

To preserve the anonymity of some of its founding members, Cell Protocol is using non-fungible tokens. (Cell Protocol, modified by CoinDesk)

Policy

DeFi 'Casino' May Need New Global Regulator, German Central Banker Says

Joachim Wuermeling called for immediate discussions on how to treat DeFi as the Financial Stability Board prepares a rule book for the crypto sector.

Debate rages on how to regulate decentralized finance. (Jeremy Moeller/Getty Images)

Videos

DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official

A new Bank for International Settlements (BIS) working paper makes a case for “embedded supervision” that argues regulatory oversight can be built into seemingly untamable decentralized finance (DeFi) systems. “The Hash” team discusses the feasibility of such supervision and regulating open finance.

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Policy

German Regulator Calls for New DeFi Laws

BaFin's Birgit Rodolphe cites the potential for fraud and investor losses.

Skyscrapers in Frankfurt, Germany (lupengyu/Getty Images)

Finance

UST Stablecoin Loses Dollar Peg for Second Time in 48 Hours, LUNA Market Cap Falls Below UST's

The development comes after the Luna Foundation Guard announced that its massive bitcoin reserves will be used to defend UST’s dollar peg.

dollar bill

Finance

UST Stablecoin Briefly Loses Peg, Luna Drops 10%

The Saturday event led to questions about whether Terra’s bitcoin reserves will soon face their first test

(Emilio Takas/Unsplash)

Markets

Crypto Options Traders Adopt New Strategies to Profit From DeFi-Led Volatility Gyrations

DeFi option vaults put downward pressure on implied volatility every Friday, creating a window of opportunity for savvy traders to short sell volatility ahead of the event.

Savvy traders short-sell volatility ahead of DeFi option vaults' weekly auctions. (Pixabay)

Videos

AAVE Surges Nearly 97% Following V3 Upgrade

Decentralized finance (DeFi) tool Aave’s native token surged nearly 97% following the protocol’s version 3 (v3) upgrade. “The Hash” team discusses Aave’s role as the leader in DeFi lending and how its growth could help mainstream adoption.

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Finance

Brazilian Asset Manager Hashdex Launches DeFi ETF on Local Stock Exchange

The ETF, which trades under the ticker DEFI11, attracted 2,200 investors for a total amount of $10.5 million, about a tenth of the $96 million it expected to capture.

Brazilian flag (Shutterstock)

Finance

Brazilian Asset Manager QR Launches First Local DeFi ETF

QDFI11 was listed on the Brazilian stock exchange, B3, and tracks the Bloomberg Galaxy DeFi index.

Brazilian flag (Mateus Campos Felipe/Unsplash)