DeFi


Tech

UMA Project Creates Its First Synthetic Coin, Matching ETH Against BTC

Want to bet the price of ether is rising relative to the price of bitcoin? There's now a token for precisely that.

Credit: Shutterstock

Markets

Market Wrap: Here's Why Ether's Price Has Jumped 65% So Far This Year

Ether is outperforming bitcoin in 2020 but has lower liquidity and different technical dynamics than the world’s largest cryptocurrency.

Source: CoinDesk BPI

Tech

Uniswap V2 Launches With More Token-Swap Pairs, Oracle Service, Flash Loans

The headline feature of the new Uniswap will be the ability for anyone to create any token pair they want, so long as it exists on Ethereum.

MAGIC: Some tokens are more like amulets. (Credit: Thomas Wyness/Shutterstock)

Tech

Trading Contest on Synthetix Aims to Showcase Speed of New DEX Tech

Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX).

OpenSwap is an interchain liquidity booster.

Finance

Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America

Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis.

Credit: Shutterstock

Markets

Blockchain Bites: The Government Won't 'Kill DeFi' but FATF Might Compromise Anonymity

Consensus: Distributed saw discussions over the constitutionality of FATF's Travel Rule and why regulators want DeFi in the U.S.

Photo by JESHOOTS.COM on Unsplash

Tech

Popular BTC Derivatives Product Goes Live on DeFi's dYdX

Andreessen Horowitz-backed dYdX released its Bitcoin Perpetual Contract out of private alpha on Wednesday, bringing a key BTC derivatives product to DeFi.

Trading screen

Videos

Everything You Ever Wanted to Know About the DeFi ‘Flash Loan’ Attack

There’s now a case study for how DeFi can go awry. bZx, the eighth-largest decentralized finance project according to DeFi Pulse, suffered two attacks last weekend following the introduction of “flash loans,” a new DeFi feature that limits a trader’s risk while improving the upside.

CoinDesk placeholder image

Markets

Kyber to Offer Delegated Token Staking After Coming Network Upgrade

A new partnership with StakeWith.US will allow community members to delegate staking if they don't have time or knowledge to get directly involved in governance, said Kyber.

Loi Luu, CEO and co-founder of Kyber Network (right), at CoinDesk Consensus (Credit: CoinDesk archives)

Tech

Network Bringing Bitcoin to DeFi Taps Libra Member Bison Trails for Staking Services

DeFi protocol Keep Network has tapped Bison Trails to provide non-custodial staking services for tBTC, an ERC-20 representation of bitcoin (BTC) deposits.

Archives and record keeping