DeFi

DeFi

Finance

Aave Community Members Vote to Deploy on zkSync v2 Testnet

The decision will let developers evaluate whether to fully deploy its decentralized exchange on the layer 2 scaling platform that speeds up Ethereum transactions.

Ghost (Unsplash)

Opinion

Stop Using the Word 'Platform', and Other DeFi Language Pet Peeves

When it comes to words demonstrating how DeFi is not TradFi, it’s "not how you say it, it’s what you say," writes Aave's general counsel, Rebecca Rettig.

(Waldemar Brandt/Unsplash)

Tech

Cross-Chain DEX Rubic Loses Over $1M in Funds After Hackers Gain Access to Private Keys

Developers suspect the attackers accessed the admin wallet's private keys using malicious software.

Revolut's customer data was compromised by a phishing attack. (Shutterstock)

Finance

DeFi Protocol Solend Struck by $1.26M Oracle Exploit

The Stable, Coin98 and Kamino lending pools have all been disabled.

(Kevin Ku/Unsplash)

Policy

France, Switzerland, Singapore to Test DeFi in Forex Markets

The countries' central banks started Project Mariana because they think decentralization could be the future of finance.

Singapore's central bank is among those testing DeFi for foreign exchange markets. (seng chye teo/Getty Images)

Policy

Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others

The two new pilots will focus on using DeFi in trade finance and wealth management.

(Shutterstock)

Finance

Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too

Project Guardian involved Ethereum scaling system Polygon, DeFi lending platform Aave and decentralized exchange Uniswap.

Han Kwee Juan, group head of strategy and planning, DBS (DBS Bank)

Markets

Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan

This is the second time in a month that a lender defaulted on an unsecured loan on the decentralized lending protocol.

The dollar may soon rebound, capping gains in bitcoin. (pasja1000/Pixabay)

Finance

DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave

Clave will use the pool to originate loans to Latin American businesses and consumers.

Coin98 joins a growing roster of DeFi protocols crafting their own stablecoin. (Unsplash, modified by CoinDesk)

Finance

Porter Finance Team Returns for Second Shot at DeFi Bonds Project

Months after Porter Finance was shuttered due to lack of demand, three of the four team members say they still feel the potential for on-chain bond issuances is massive.

(Shutterstock)