DeFi

Diagonal Raises $2.5M for Web 3 Subscription Payments
The project aims to create an all-in-one tool for merchants and creators to collect payments on Ethereum.

Chainalysis Exec: ‘Unlikely’ That Russia Is Evading Sanctions Through Crypto
As U.S. lawmakers push the Treasury Dept. to ensure Russia is not evading sanctions with crypto, Salman Banei, Chainalysis head of public policy for North America, responds to the concern, emphasizing the transparency of open blockchain networks. Banei explains how Chainalysis tackles mixers and other DeFi protocols in its cross-chain monitoring.

Terra’s LUNA Passes Ether to Become Second-Largest Staked Asset
Some $30 billion worth of the tokens are staked by users to earn yields of just under 7%.

How to Make Blockchain a New Kind of Economic Engine
The blockchain where the future of finance will be built has zero downtime, zero forking, complete finality and a community of active developers.

DeFi Platform Thetanuts Finance Raises $18M Seed Funding to Fuel Growth
The funding round was led by Three Arrows Capital, Deribit, QCP Capital and Jump Crypto.

At ETHDenver, Weird DeFi Comes Out of Its Shell
CoinDesk’s DeFi reporter shares some perspective on Ethereum’s most optimistic conference to date.

4 Crypto Tax Myths You Need to Know
Dan Hannum, Zenledger COO, joins “First Mover” for CoinDesk’s Tax Week programming to discuss misconceptions about taxation of crypto activity. Hannum explains the tax structure for crypto-to-crypto and crypto-to-fiat transactions and examines tax rules for staking, airdrops, and other DeFi activities.

Lender Beware: The Potential DeFi Tax Trap
Uncle Sam may collect tax on every loan and repayment of cryptocurrency, which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry. This piece is part of CoinDesk's Tax Week.

Celsius Links Up With Maple Finance for Liquidity Play
Crypto lending platform Celsius will get exposure to yield from market makers Wintermute and Amber by delegating $30 million of wETH to Maple’s pools.

Web 3 Browser Opera Integrates With Ethereum Layer 2 Exchange DeversiFi
DeversiFi's aim is to help traders avoid the high gas fees on the Ethereum network by enabling layer 2 trading.

