DeFi

DeFi

CoinDesk Indices

Crypto Long & Short: When price stops working, yield starts mattering

In this week’s Crypto Long & Short Newsletter, Ruchir Gupta writes on how we’re moving toward a true fixed-income market for crypto-native yield. Then, Clara García Prieto on bitcoin becoming mainstream collateral, but most are not prepared for its risks.

Downtown City Skyline across the water

Policy

CFTC chair highlights wide crypto agenda, including rules on DeFi, prediction markets

Commodity Futures Trading Commission chief Michael Selig updated his progress on guidance for DeFi developers, crypto derivatives and prediction markets.

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)

Finance

Kraken's tokenized stock venue starts points program, hinting at possible ecosystem token

The initiative will reward trading and DeFi use of tokenized stocks as the sector tops $1 billion and gains traction with major exchanges.

Kraken on phone (PiggyBank/Unsplash, modified by CoinDesk)

Opinion

The Multibillion-dollar shift turning prediction markets into a professional hedging tool

Traders are moving beyond sports bets and elections to price "unpriceable" geopolitical and policy risks that standard financial tools can’t handle.

Business hand holding chart in crystal ball

Web3

Aave governance rift deepens as major governance group exits $26 billion DeFi protocol

The conflict centered on a proposal to fund product development and expansion, which ACI opposed due to concerns over self-voting and lack of transparency.

Chess piece being moved (Ahmed/Unsplash+/Modified by CoinDesk)

Tech

Flare and Xaman unlock one-click DeFi access for over 2 billion XRP sitting idle in wallets

The integration lets XRP holders deposit into yield-generating vaults through a single transaction without leaving their existing wallet or bridging assets manually.

XRP News

Finance

Specialized AI detects 92% of real-world DeFi exploits

New research claims specialized AI dramatically outperforms general-purpose models at detecting exploited DeFi vulnerabilities.

hackers (Modified by CoinDesk)

Tech

Moonwell's $1.12 nightmare: A pricing glitch just let bots seize millions in ETH collateral

A price-oracle setup misconfigured by DeFi lender Moonwell briefly valued Coinbase Wrapped ETH (cbETH) at about $1 instead of roughly $2,200.

(Kaur Kristjan on Unsplash/Modified by CoinDesk)

Markets

DeFi protocol ZeroLend shuts down after three years, citing inactive chains and hacks

The protocol is shutting down after three years, citing unsustainable economics, thin margins and rising security threats.

Shut down. (planet_fox/Pixabay)

Finance

Wall Street giant Apollo deepens crypto push with Morpho token deal

The asset manager overseeing more than $900 billion assets may buy up to 90 million MORPHO tokens as part of a partnership to support DeFi credit market, it said.

Statue of Apollo (Boston Public Library/Unsplash)