DeFi
Blast Hits $1.1B in Deposits More Than a Month Before It's Due to Go Live
Depositors will receive an airdrop that can be redeemed in May 2024.

PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live.

Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.

Crypto Market Leaders and Laggards in 2023
"CoinDesk Daily" host Amitoj Singh breaks down some of the biggest winners and losers in the crypto market this year. CoinDesk Indices data reveals that the computing sector was the clear leader among sectors in 2023, while DeFi underperformed. Bitcoin (BTC) was also a standout, rising roughly 164% year-to-date.

Why Injective's INJ Has Surged 3,000% in 2023
Injective (INJ), the native token of its namesake's layer 1 blockchain, has seen a 3,000% move to the upside over the course of 2023. Injective is a Cosmos-based blockchain that combines elements of artificial intelligence (AI) with decentralized finance (DeFi). CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Tis the Season To Be Jolly About the Crypto Market in 2024
With TradFi moving in, the crypto industry is finally taking its place as the future of finance, says Kelly Ye, at Decentral Park Capital.

Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania
SOL is trading at a 20-month high on the back of a bustling DeFi ecosystem and meme coin mania.

DeFi Has a Risk Problem and It’s Time to Solve It
While the total losses from exploits fell to $1 billion from $54 billion the year prior, this is still an unacceptable threat to users, Haven1's Jeff Owens writes for Crypto 2024.

Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
Organizing as DAOs doesn't mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says.

New Kind of Crypto Insider Trading? SEC Might Take a Look at These Trades, Experts Say
"It seems like there's smoke here, and it may be worth an investigation to see if there's a fire," a finance professor said.

