DeFi


Policy

U.S. SEC Changes Its Mind on Officially Labeling Digital Assets

The Securities and Exchange Commission was about to define “digital asset” but deleted it in the final version of a rule, reversing a move that might have started formalizing crypto’s role.

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)

Tech

DeFi Protocol Curve Finance Deploys Native Stablecoin on Ethereum Mainnet

The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Videos

Sui Mainnet Goes Live: What's Behind the Sui Token Surge and Excitement?

Sui, the buzzy layer 1 blockchain founded by ex-Meta Platforms employees, launched its mainnet on Wednesday as it jockeyed to edge out rival Facebook-offshoot Aptos and other DeFi heavyweights. Sui Network tokens (SUI) briefly jumped to $2 apiece minutes after trading began, reaching nearly $690 million in market cap to a fully diluted valuation (FDV) at a staggering $13 billion. "The Hash" panel discusses their outlook for the Sui ecosystem.

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Opinion

Can CBDCs, Tokenized Deposits, Stablecoins and DeFi Coexist?

Central banks may continue to dictate monetary policies but private regulated entities, such as banks and protocols, may play an increasingly large role in distributing money to the public, Moody's senior director Yiannis Giokas writes.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Policy

UK Crypto Tax Advisers Welcome Proposed Changes to DeFi Lending, Staking Treatment

The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.

UK Flag (Unsplash)

Web3

NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending Platform

Short for Blur Lending, Blend will allow collectors to buy blue-chip NFTs with a smaller upfront payment, similar to a down payment on a house.

(Blur.io)

Policy

UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking

The proposal, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said.

(Chris Lawton/Unsplash)

Tech

PancakeSwap's DAO Voting for 'Aggressive Reduction' of CAKE Token Inflation

So far, 70% of the community votes have been in favor of reducing block rewards drastically over the next few months.

Pancakes (Mae Mu/Unsplash)

Finance

Cross-Chain Bridge Stargate's Volume Soars as Airdrop Hunters Set Sights on LayerZero Token

Crypto traders are using the Stargate bridge in the hope that they will be eligible for a rumored LayerZero airdrop.

Puente. (Aleksandr Barsukov/Unsplash)

Tech

DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rug Pull

A rogue developer behind the hyped launch allegedly conducted the rug pull on Wednesday.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)