DeFi


Tech

Publicly Traded Korean Firm Neowiz To Build Games on Avalanche Network

Intella X, Neowiz’s Web3 arm, has joined Avalanche Arcad3 to build blockchain games in the crazed market.

(Oatawa/Getty Images)

CoinDesk Indices

DeFi and Credit Risk

This potentially disruptive sector must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.

(Alina Grubnyak/Unsplash)

Finance

DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce

Synapse's SYN token recovered its losses after 9 million were sold by a liquidity provider identified as Nima Capital by the protocol.

SYNUSD price chart (TradingView)

Tech

Anoma Foundation Plans to Launch Privacy-Focused Namada Blockchain

The mainnet joins the ranks of at least 50 other blockchains in the crypto ecosystem as of Tuesday.

Awa Sun-Yin of Anoma Foundation (Korea Blockchain Week)

Opinion

Explaining Ethereum's 'Risk Free' Rate of Return

Liquid staking is one of the few crypto markets that has grown in the bear market. Why?

(Sammie Chaffin/Unsplash, modified by CoinDesk)

Tech

Multibillion Dollar Oracle Tool Chronicle to Expand Outside of MakerDAO Ecosystem

Chronicle is said to safeguard over $5 billion in assets held on Maker by ensuring pricing data is in line with the general market.

(Tetra Images/Getty Images)

Finance

Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend

One newly-created wallet withdrew $7.7 million of SNX and $3.9 million of LPT to prompt the tokens to surge.

SNXUSD chart (TradingView)

Markets

Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein

The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.

Sign saying fee area ahead on a background of desert shrubland

Markets

Traders Are Paying 2,000% to Buy CYBER as Social Network's Tokens Soar

The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Tech

Aerodrome Fanatics Deposit $150M to Base Blockchain on First Day

Its creators hope to emulate the apparent success of Velodrome, one of Optimism network’s most used platforms which holds over $288 million in locked value.

Aerodrome receives $150 million in deposits (Pixabay)