DeFi

DeFi

Juridique

President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed

As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on.

The U.S. Capitol in Washington, D.C. (Jesse Hamilton/CoinDesk)

Technologies

Layer-2 BOB's 'Bitcoin DeFi' Continues Progress With Fireblocks Integration

Fireblocks users can now earn yield on their BTC holdings via BOB's network

BOB team (BOB)

Juridique

U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source

Senate leaders are said to be queuing up votes to reverse two Biden-era regulations tied to digital assets: the IRS DeFi rule and a CFPB digital-payments rule.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Marchés

Why DeFi Projects Could Be Ready to Outperform: Kaiko Research

Regulatory clarity may provide a boost for DeFi projects.

Uniswap logo on phone (appshunter.io/Unsplash)

Finance

Bittensor App Gets Hack Risk Cover From Nexus Mutual-Backed Insurance Firm Native

Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.

Native leaders: In order from left to right, these are James Asaad (Chairman), Dan Ross (CTO) and Ben David (CEO). (Native)

CoinDesk Indices

Onboarding the Buy-Side to Blockchain Rails

The right systems and processes must be in place to properly tokenize the trillions of dollars worth of potential real-world assets, says Blue Water Financial Technologies’ Peter Gaffney.

Railroad cars

Finance

Ethereum L1 Monad Joins Forces With Orderly Network for DeFi Boost

The arrival of the Monad testnet will provide traders with a fast EVM-compatible building site and the possibility of airdrops on the L1.

Orderly Chief Operating Officer Arjun Arora (Orderly)

Finance

Bitcoin Staking Platform Core Joins Crypto Lender Maple and Custodians BitGo, Copper, Hex Trust

The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.

Maple Finance's Sid Powell (Danny Nelson/CoinDesk)

Finance

Brevan Howard Digital Deploys $20M on Ethereum-Based Kinto in Institutional DeFi Push

The investment enables participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.

Ramon Recuero, Kinto CEO and co-founder (Kinto)

Marchés

Wrapped AVAX Sees Increased Wallet Accumulation Amid Bybit Card Cashback Adoption

Nearly 4,000 wallets added WAVAX holdings, 1.8 times the recent average, according to onchain data.

Caution avalanche (Nicolas Cool/Unsplash)