DeFi

DeFi

Opinion

Celsius Looks Sloppy in New Lawsuit, but So Does the DeFi Legend Suing It

While underscoring Celsius’s disregard for risk and weak controls, KeyFi’s lawsuit also casts new, unflattering light on the crypto whale known as @0x_b1.

In a new dispute between Celsius and a trading partner, both parties seem to have helped fumble depositors' bags. (Getty Images)

Finance

Aztec Launches DeFi Privacy Bridge Aztec Connect

The privacy solution, now on mainnet, allows users to interact with popular DeFi apps in a private way.

(Shutterstock)

Markets

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.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Finance

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.

(Don Mason/Getty Images)

Markets

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.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Opinion

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.

A hand squeezing a lemon. (j4p4n/OpenClipArt)

Policy

UK Government Seeks Views on DeFi Taxation

The deadline for submitting comments is Aug. 31.

The U.K. government is looking for comments on the taxation of DeFi. (Shutterstock)

Opinion

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.

Subsidizing shadow-banking yields turns out to be a really, really bad idea. (Getty Images/wakila)