DeFi


Tech

IOTA Eyes Big Crypto Leagues Again With Series of Network Boosting Plans

These changes are supposed to boost the value of MIOTA tokens and improve network security.

(Pixabay)

Web3

South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity

Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.

South Korea flag (Daniel Bernard/ Unsplash)

Tech

North Korean Attackers Linked to $54M CoinEx Hack, Blockchain Data Suggests

A hot wallet of the crypto exchange used to hold users’ tokens was exploited by attackers on Tuesday.

Hacker (Towfiqu Barbhuiya/Unsplash)

Web3

Web3 Doesn’t Care About Bitcoin Prices – And Other Musings From Korea Blockchain Week

A packed venue and hopeful cheers from an estimated 10,000 people attending the many Web3 panels could have made one doubt whether the industry remains in one of the deepest bear markets in its young history.

Seoul at dusk with Lotte Tower and mountains in background

Finance

Coinbase Paves Way for Big Institutions to Do More With Web3, DeFi, NFTs

“We're seeing corporations who want to participate on-chain in some way,” Coinbase’s Kevin Johnson told CoinDesk TV. “But they need a safe way to do that.”

Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)

Opinion

What's Wrong With PayPal's Stablecoin?

If PYUSD is to gain true and lasting traction, the newly minted stablecoin issuer needs to address certain centralization concerns, Kima Chief Technology Officer Guy Vider writes.

Bulls eydOliver Buchmann/Unsplash)

Finance

Dunhill Family Office Makes Bear Market Bet on Crypto

The family office is investing through its Dunhill Ventures subsidiary into Lichtenstein-regulated VC firm Mocha Ventures.

(Unsplash)

Opinion

Will the CFTC Blot Out DeFi in the U.S.?

Recent actions by the agency raise impossible questions for decentralized finance platforms.

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Policy

CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep

The U.S. derivatives markets regulator targeted three companies, including one from which the CFTC hired a lawyer who ran its technology research division.

(Jesse Hamilton/CoinDesk)

Finance

Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base

OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.

Insurance (Vlad Deep/Unsplash)