DeFi

DeFi

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)

Finance

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.

Sidney Powell, Salman Banaei and Nathan Cha at Consensus 2023 (Shutterstock/CoinDesk)

Markets

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.

(Pixabay)

Finance

DeFi Protocol iZUMi Finance Raises $22M

The fundraising round involved issuing semi-fungible tokens.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)