DeFi


Markets

NFT Marketplace Blur's Token Reaches $500M Trading Volume After Airdrop

BLUR prices jumped to as much as $5 before falling 85% on Wednesday morning, price trackers show.

(Pixabay)

Tech

BNB Chain Aims to Double Transaction Speed, Targets ZK Tooling in 2023 Road Map

It also aims to more than triple the number of validators to 100.

(Danny Nelson/CoinDesk)

Markets

Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show

Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said.

Acción regulatoria contra BUSD provoca que los inversores se trasladen a tether. (Brian Merrill/Pixabay)

Tech

Avalanche Blockchain Had 1,500% Transactional Growth in 2022: Nansen

Such transactional activity came even as the total value of tokens locked on Avalanche-based decentralized finance applications slid from 2021’s $15 billion peak to just over $900 million in November 2022.

Avalanche registró un crecimiento de 1500% en su actividad transaccional durante 2022, a pesar del mercado bajista general. (Nansen)

Markets

Crypto Traders' Focus on Curve USD Stablecoin Drives Curve Token Price Higher

Tokens related to decentralized stablecoin protocols gained in the past 24 hours following troubles at Paxos’ BUSD offering.

(vlastas/iStock/Getty Images Plus)

Finance

Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure

As circulating supply trends to zero, the lack of growth could "hurt peg arbitrage opportunity and asset peg," one community member said.

(Element5/Unsplash)

Tech

Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether

The exploiter may be earning returns on staked cryptocurrency.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Policy

Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto

Regulatory overreach will lead to further movement towards decentralized finance apps, built directly on-chain by anonymous teams, the report said.

(Gerd Altmann/Pixabay)

Markets

DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform

Clearpool also opened the onboarding and whitelisting process for institutional borrowers and lenders to its Prime platform.

Clearpool Prime is set be released in the first quarter of the year. (Clearpool)