DeFi


Markets

Tether CTO Claims USDT Stablecoin Can Boost DeFi Liquidity

Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem.

Tether Chief Technology Officer Paolo Ardoino. Tether issues the USDT stablecoin.

Markets

Bitcoin and Ether Prices Stagnate as Traders Take Wait-and-See Approach

The March 12 crash is still fresh in crypto traders’ and fund managers’ minds, leaving some to think no trading decisions are the best decisions for now.

Source: CoinDesk BPI

Finance

For DeFi’s Sake, Maker Should Take Blame for Black Thursday Losses

While the system did not technically malfunction, a confluence of factors enabled a few opportunists to win the collateral auctions despite placing extremely low bids.

Credit: Shutterstock

Tech

MakerDAO Adds USDC as DeFi Collateral Following 'Black Thursday' Chaos

MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg.

(HFA_Illustrations/Shutterstock)

Finance

MakerDAO's Problems Are a Textbook Case of Governance Failure

MakerDAO could have planned for its "Black Swan" event last week.

MakerDAO CEO Rune Christensen image via CoinDesk archives

Tech

Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi

So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended.

Credit: Shutterstock

Tech

MakerDAO Debts Grow as DeFi Leader Moves to Stabilize Protocol

MakerDAO is not pursuing its emergency shutdown option although the amount of uncollateralized dai continues to grow.

(Roibu/Shutterstock)

Tech

DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop

A large drop in the price of ether is testing the feasibility of Ethereum's entire system of lending and borrowing.

PRECARIOUS: If MakerDAO were to shut down, the crypto market would be flooded with some 2.4 million ETH even as the asset’s value plummets amid broader market turmoil. (Credit: Shutterstock)

Finance

Paradigm Labs Shuts Down, Says It Was 'Too Early' for DeFi Boom

Paradigm said it found it difficult "carve a viable niche" the rapidly evolving DeFi space.

Credit: Shutterstock

Finance

Libra Wanted a Currency, All We Need Are DeFi's Open Payment Rails

Rather than build an alternative currency like Libra, Facebook should concentrate on building new infrastructure, like the open systems in the ethereum-DeFi space, says ConsenSys's Lex Sokolin.

Via ConsenSys Codefi