DeFi


Tech

Friend.Tech Users Targeted by SIM Swap Attack, Several Ether Drained

Users tie Friend.Tech accounts to real-world X profiles and phone numbers - which increases security risks.

(Camilo Jimenez/Unsplash)

Tech

Millions in Ether Tied to FTX 'Hacker' on The Move

FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Finance

Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets

Perimeter Protocol is the first development of Circle Research, the company's new open-source development division.

(Sandali Handagama/ CoinDesk)

Opinion

Examining dYdX’s Path to Profitable DeFi

Axelar's Galen Moore provides a front-row seat to changes afoot at dYdX as the popular decentralized trading platform builds on Cosmos.

dYdX CEO Antonio Juliano (Danny Nelson/CoinDesk)

Policy

Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi

The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.

(NASA/Unsplash)

Opinion

Ending the Staking Trade-Off Can Save DeFi Communities

The reasons for anemic participation rates in many DAOs vary. Can staking breath life (and capital) into the sector?

Bees (Boba Jaglicic/Unsplash, modified by CoinDesk)

Finance

Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave

Egorov now has $132 million worth of collateral and $42 million in debt across all other DeFi lenders.

CRV token bounces 3% (CoinDesk data)

Opinion

How Much Does the First Mover Advantage Matter for Crypto Staking?

Platforms like Lido and Rocket Pool are staking market trailblazers, but a truly decentralized crypto ecosystem will require cooperation not just competition.

The first mover advantage matters for platforms like Lido, but crypto's longterm viability will require to shake up the staking market. (Papafox/Pixabay)

Opinion

Staking Brings Decentralization Back to DeFi

DeFi now has a yield-bearing collateral asset that is native to crypto, Ethena Labs Conor Ryder writes for "Staking Week."

(Markus Spiske/Unsplash, modified by CoinDesk)

Tech

Arbitrum Treasury Richer by $59M as Users Miss Claims Deadline

Users had nearly six months to claim the tokens after an airdrop in March.

Arbitrum Booth(Danny Nelson/CoinDesk)