DeFi
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.
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.
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.
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.
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.
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.
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.
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.
CeFi Exchanges Helped Mass Crypto Adoption; DeFi Will Further It
Centralized exchanges will continue to serve as a first step into crypto but decentralized exchanges will further the future of financial systems, panelists say at Consensus.
Arbitrum Airdrops $120M to Projects; Some Dump, Some Look to Bolster Themselves
Not everyone is aiming for community growth and market capture with the ARB stimulus.
