DeFi
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after retail traders lost interest.
Wall Street's private blockchain obsession is a 'race to the bottom,' Ethereum advocate Raman warns
Centrally controlled, permission-only networks have a role to play in finance, but need a transparent, open base to reap the benefits blockchain technology offers.
Solana lending giant Jupiter now lets the same dollar earn twice
The new Lend v2 product turns deposits and borrowed assets into trading liquidity, tying higher returns to whether Jupiter’s router can send enough swap flow to the new vaults.
Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.
Uniswap pushes deeper into tokenized assets with permissioned trading pools
The framework, developed with Superstate, Securitize and Dowgo, lets regulated funds and securities trade on Uniswap while enforcing compliance rules necessary for institutions.
SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws
The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured.
Here is why a massive $1.6 billion in crypto liquidity is sitting idle and wasting away
About $542 million weekly sat outside active trading ranges, meaning this capital earned zero fees and provided no market depth.
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.
Galaxy targets institutional stablecoin yield with new DeFi vaults
The crypto financial services firm launched Galaxy Curator, a Morpho-based platform that gives Fireblocks' 2,400 institutional clients access to onchain yield strategies.
Will the Clarity Act pass?
A new version of the CLARITY Act could arrive as soon as next week, but disagreements over ethics provisions leave crypto's biggest market structure bill racing against the congressional clock. Plus, Robinhood Chain processes more than $568 million in a single day, New Hampshire blocks a proposed bitcoin-backed bond, and what it all means for the future of crypto markets. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
