DeFi

DeFi

Policy

U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

Despite some fears in government circles that crypto could undermine the dollar, the Fed governor said that the use of dollar-dependent stablecoins can boost the dollar's reach.

U.S. Federal Reserve Gov. Christopher Waller says stablecoins may be doing the dollar a favor.  (Horacio Villalobos/Corbis via Getty Images)

Finance

Fordefi Raises $10M to Make Crypto Safer With Institutional-Grade Wallet to Retail-Facing Platforms

The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockchain transaction volume.

Founders of Fordefi (clockwise): Michael Volfman, Dima Kogan and Josh Schwartz (Fordefi)

Opinion

As Tokenization Takes off, Look to DAOs

DAO treasuries, the "indigenous crypto-native institutional investor," have faced a number of problems that institutional capital can avoid, Ainsley To writes.

(Jp Valery/Unsplash)

Policy

Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner

The court will determine the fine Block Earner will have to pay during a scheduled hearing on March 1, 2024.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Tech

What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week

ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.

Treasure chest (Ashin K Suresh/Unsplash, modified by CoinDesk)

Markets

DeFi Platform Pendle Nears $1B in Total Value Locked

Pendle crossed the $100 million TVL mark in mid-June 2023.

Pendle TVL. (DeFiLlama)

Finance

Activist DAO Investor Pivots to Building a Company

Diogenes Casares' new Stream Protocol is a trading platform he plans to eventually turn into a decentralized perpetual swaps exchange.

Diogenes Casares (Teo Casares)

Opinion

DeFi Shouldn't Have to Worry About the SEC’s Expanded Broker Rule

A move to expand regulatory oversight over hedge funds and market makers could also rope in AMMs, experts say. But if these protocols cannot comply, is it really a threat?

Securities and Exchange Commission Chairman SEC Gary Gensler (Jesse Hamilton/CoinDesk, modified)

Policy

U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi

The Securities and Exchange Commission approved a final rule Tuesday that DeFi interests call "hostile" to that sector, potentially requiring projects to register as dealers.

Chair Gary Gensler's U.S. Securities and Exchange Commission is weighing Hashdex's ETF application, which analysts suggest could have a leg up because of its novel approach.  (Jesse Hamilton/CoinDesk)

Tech

Hashnote's U.S. Treasuries Token Now Available Through Crypto Custodian Copper

Not all the so-called “on-chain treasuries” in the market are created equal, warns Hashnote CEO Leo Mizuhara.

DeFi, T-bill, Yield, Paradigm