DeFi


Finance

Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol

The company will debut its first protocol on the Solana blockchain in early 2025 with more than $100 million in total value locked.

Deus X CEO Tim Grant (Deus X)

Markets

DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.

Sky. (ELG21/Pixabay)

Finance

Solana-Based Drift Raises $25M to Build 'SuperApp' for DeFi Trading

The DeFi platform plans to build an array of financial services tools, including spot and derivatives trading and a predictions market.

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Finance

Three Ways DeFi Will Revolutionize Financial Services

DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, CEO, Abra.

(Matthew Henry/Unsplash)

Finance

DYdX to Debut Perpetual Futures on Prediction Markets as DEX Seeks to Raise Profile

Decentralized finance needs to develop a unique offering relative to centralized venues, dYdX Foundation CEO Charles d'Haussy said.

Charles d'Haussy. (https://charlesdhaussy.com/)

Markets

Crypto Broker DeltaPrime Drained of Over $6M Amid Apparent Private Key Leak

The project is offered on both Arbitrum and Avalanche blockchains. Monday’s exploit impacted only the version on Arbitrum as of European morning hours.

ddos (Shutterstock)

Finance

Latin American Crypto Exchange Ripio Unveils DeFi Credit Card With Visa

The card will allow users to access up to 30% of blocked assets in a liquidity pool.

Ripio CEO Sebastian Serrano (Ripio)

Finance

World Liberty, Crypto Project Helmed by Donald Trump's Family, Will Release on Sept. 16

World Liberty Finance is helmed by Trump’s sons, Eric Trump and Donald Trump Jr, and the 18-year-old Barron Trump is the project's "DeFi visionary.”

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)

Finance

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.

A cardboard cutout of Tron founder Justin Sun (Danny Nelson/CoinDesk)

Markets

Bitcoin Yields as High as 45% on Offer in Pendle's New Pools

The floating yields on the bitcoin-based LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.

(engin akyurt/Unsplash)