Decentralized Finance
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.
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.
German Regulator Calls for New DeFi Laws
BaFin's Birgit Rodolphe cites the potential for fraud and investor losses.
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.
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
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.
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.
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 Asset Manager QR Launches First Local DeFi ETF
QDFI11 was listed on the Brazilian stock exchange, B3, and tracks the Bloomberg Galaxy DeFi index.
DeFi Traders Push Terra’s UST Stablecoin to $10B Market Cap
The coin has surpassed Binance Smart Chain in total value locked amid rapid DeFi growth.
