DeFi
Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral
The troubled crypto lender paid down the remaining $41 million of its debt on the DeFi platform.

Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of 'Lending Demand'
The venture capital-backed firm said the lack of “institutional fixed income DeFi adoption” drove its decision.

Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows
The troubled crypto lender paid down $183 million of its debt to the decentralized lending protocol Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.

The Era of Easy DeFi Yields Is Over
Alpha in DeFi is about to get a lot scarcer (although still super attractive). Luckily, risk management will eventually get much simpler.

From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
Peter Thiel’s monopolistic theories about building companies have clearly hit their limit: banking.

Crypto World Is Cautious of Finer Details In EU's MiCA Law
Web3 advocates are cautiously welcoming Europe's new law, but must first resolve its paradoxes – like when is a non-fungible token fungible?

STEPN’s DEX Surpasses Orca to Become Largest Decentralized Exchange on Solana
The anonymous founder of the Solend protocol has expressed interest in integrating STEPN’s tokens into its lending platform.

Hurry Up With Crypto ID Checks, FATF Tells Countries
After the potentially privacy-busting "travel rule" for crypto transfers, global standard setters at the Financial Action Task Force have their eyes on DeFi, NFTs and unhosted wallets.



