DeFi
Kava Onboards Sushi With $14M in Developer Incentive Funding
The integration will allow Sushi users and developers to have seamless access to the entire $300 billion market value of Ethereum and Cosmos from a single network.
Siam Commercial Bank Is Chasing DeFi Yield Through Compound
The bank’s venture arm, SCB 10X, is using Compound Treasury’s 4% yield service via the Fireblocks custody platform.
New Terra Blockchain Launch Expected Saturday, With LUNA Airdrop to Follow
The move is part of a broader plan to help revive the Terra ecosystem and its related tokens.
State of DeFi: Should Chainlink Oracles Be of Concern?
As the collapse of Terra's ecosystem poses contagion risks across DeFi land, "Proof of Decentralization" Podcast Host Chris Blec unpacks the vulnerabilities and potential consequences of Chainlink oracles relying on multisig and how it could bring down all of DeFi. "This is an intentional point of control that the Chainlink team chose to keep in the protocol," Blec said.
Former Binance Exec on Spurring Crypto Adoption in Emerging Markets
Two former executives of Binance have created a $100 million venture fund with a focus on metaverse and crypto adoption in emerging markets.
DeFi Trading Hub Uniswap Surpasses $1T in Lifetime Volume
Although traders still tend to favor centralized exchanges, the DEX is continuing to expand across Web 3.
What Is DeFi?
Decentralized finance (DeFi) applications aim to cut out the middlemen of our everyday finances.
Crypto Industry Battles to Exempt NFTs, DeFi From Tax Reporting Rules
The OECD is trying to introduce new rules to stop crypto from being used to stash assets out of sight of the taxman.
Martin Shkreli Is Back. He Loves Crypto
The flawed former hedge fund manager is looking to reinvent himself as a crypto entrepreneur. Buyer beware.
Goldman Sachs Says DeFi’s Interconnections Can Increase Systemic Risk
Contagion risk related to UST’s depegging hit staked ether (stETH) because of Lido’s exposure to the Terra ecosystem, the bank said.
