DeFi
Crypto Sectors That Have Been Most and Least Impacted by Macro Headwinds
As bitcoin surpasses $23,000, CoinDesk Indices Managing Director Jodie Gunzberg discusses her crypto markets analysis and outlook. Gunzberg points out that the culture and entertainment sector seems to be moving independently from the rest of the market despite the crypto downturn, while the DeFi sector has been impacted by macro headwinds the most.

DeFi Incubator Cumberland Lab Comes Out of Stealth Mode
The growing Singapore-based Web3 lab will have 25 staffers by week's end.

The Credit Crunch Is Not the End of Crypto Lending
It is a mistake to view bitcoin’s success as a trade-off against the creation of credit. Its future depends on it, says our columnist, a partner at Castle Island Ventures.

THORChain Phases Out Support for Rune Tokens on Ethereum, BNB Chain
The move comes weeks after THORChain’s native blockchain went live on seven supported networks.

CeFi Broke. But DeFi Is Not Without Blame
It’s dangerous to simply throw all the blame for the current round of market mayhem at centralized lenders. Work is needed to bring security and stability to DeFi, says CoinDesk's chief content officer.

First Mover Americas: BTC Nears $21K but DeFi Tokens Steal the Show
The latest price moves in crypto markets in context for July 15, 2022.

DeFiance Capital Has Been 'Materially Affected' by Three Arrows Liquidation
The firm's CEO has said he is committed to recovering all assets that may have been affected.

DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike
The outperformance of the DeFi coins could be fleeting, given the weak fundamentals.

Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender previously paid off loans from Aave and Maker.

Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet
The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.
