DeFi


Finance

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.

Blast total value locked (DefiLlama)

Markets

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.

pile of pancakes on a plate.

Tech

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 hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Videos

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.

Recent Videos

Videos

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."

CoinDesk placeholder image

Finance

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.

(Denise Johnson/Unsplash)

Markets

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.

SOL/USD (CoinDesk data)

Opinion

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.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Policy

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.

globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)

Finance

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.

(Jon Simon/Bettmann via Getty Images)