Decentralized Finance
DeFi Protocol Aave Clears Bad CRV Token Debt from Exploit Attempt
The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3.
Maple Finance Plots Comeback With New $100M Liquidity Pool for Tax Receivables With 10% Yield
After defaults and a major overhaul, crypto lending protocol Maple Finance moves away from uncollateralized lending toward bringing yield-generating real-world assets to crypto investors.
Uniswap DAO Members Vote for New Governance Process
Uniswap community members chose Wednesday to reform the voting process on the popular decentralized finance (DeFi) protocol in an effort to make it easier to change the way the system is governed. "The Hash" hosts discuss what this means for the Uniswap ecosystem in the latest move in the latest story illuminating the power of DAOs.
Protocol Developer Archblock Aims to Bring US Community Banks to DeFi Through Partnership
Archblock and Adapt3r's joint effort highlights an accelerating trend in DeFi to cozy up with old-school banking.
Osmosis Labs' Sunny Aggarwal: Why Appchains Are the Future of DeFi
Osmosis Labs Co-Founder Sunny Aggarwal joins I.D.E.A.S. 2022 to discuss why application-specific blockchains are the future of decentralized finance.
Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project's MPL token has plunged, and depositors are likely to stomach big losses. Here's how it happened, and what comes next.
DeFi Protocol Perennial Launches, Announces $12M in Funding
Polychain Capital and Variant co-led a seed round for the decentralized derivatives protocol.
Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance
Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orthogonal Trading’s FTX-induced insolvency.
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures.
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.
