DeFi
Aave Companies Seeks $16M From DAO Funds to Pay Crypto Developers
Some $15 million of that amount has been earmarked for work performed directly by the team over the course of more than a year.
EU Officials: Digital Euro Focusing on Personal Use First, Not Web3
A retail digital euro will, in the first stage, only enable payments initiated by people, rather than allowing businesses to settle invoices, issue paychecks or be used in decentralized finance, European Union (EU) officials said Wednesday. "The Hash" team discusses central bank digital currencies (CBDCs) and their privacy implications amid a global race to digital money.
Why DeFi Insurance Needs a New Design
Decentralized finance offers a blank canvas for reimagining markets insurance with programmability and decentralization as core constructs, says the CEO of IntoTheBlock.
DeFi Platform Curve Finance Takes First Steps Toward crvUSD Stablecoin
Details on the actual usage of crvUSD are scarce, and Curve developers declined to share more information about the tokens with CoinDesk.
Crypto Exchange KuCoin Highlights Flaws in DeFi Platform Acala's Post-Exploit Proposal
The exchange has pinpointed several mistakes in the platform’s data on erroneously issued stablecoins.
DeFi Platform Credix Raises $11.25M to Connect Institutional Lenders With Emerging Market Fintechs
The decentralized credit marketplace will use the capital to expand beyond Brazil.
Traders Bet on GMX Tokens as Proxy for Ethereum Layer 2 Tool Arbitrum
The tokens have almost doubled in price during the past two weeks during a mostly flat market.
DeFi Platform Kyber Says It Removed Attack Vector, Compensated Affected Wallet
The Sept. 1 exploit saw $265,000 stolen from one Kyber wallet.
Future of Nigeria’s Booming Crypto Scene
Nigeria showed more interest in crypto than any other country since the markets began to decline in April, according to a study by price tracker CoinGecko. WomenInDeFi Brand Strategist Umeh Chinonye discusses her outlook on the state of crypto in Nigeria.
Nigerians Flock to Crypto as the Naira Weakens
Some Nigerians are turning to bitcoin (BTC) to hedge against the naira's drop in value amid a collapsing economy. Paxful Deputy General Counsel Jude Ogene and Africa Blockchain Institute Head of Research Oluwaseun Adepoju discuss the role of crypto as a potential tool for financial freedom. Plus, WomenInDeFi Brand Strategist Umeh Chinonye discusses the impact of Web3 and DeFi in Nigeria.
