Decentralized Finance

Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin
Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin
Circle said on Wednesday that it plans to launch its USD coin (USDC) stablecoin – the second-largest dollar-backed stablecoin by market capitalization – natively on Cosmos in...
Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin

Cryptocurrency Market Maker Wintermute Lost $160M in Hack
Cryptocurrency Market Maker Wintermute Lost $160M in Hack
Cryptocurrency market maker Wintermute lost $160 million in a hack relating to its decentralized finance (DeFi) operation, but the company’s lending and OTC operations have no...
Cryptocurrency Market Maker Wintermute Lost $160M in Hack

DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official
DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official
A new Bank for International Settlements (BIS) working paper makes a case for “embedded supervision” that argues regulatory oversight can be built into seemingly untamable dec...
DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official

AAVE Surges Nearly 97% Following V3 Upgrade
AAVE Surges Nearly 97% Following V3 Upgrade
Decentralized finance (DeFi) tool Aave’s native token surged nearly 97% following the protocol’s version 3 (v3) upgrade. “The Hash” team discusses Aave’s role as the leader in...
AAVE Surges Nearly 97% Following V3 Upgrade

Is DeFi’s Decentralization Just an Illusion?
Is DeFi’s Decentralization Just an Illusion?
In its latest quarterly review, the Bank for International Settlements (BIS) said decentralized finance (DeFi) has a centralization problem, and policymakers should use it to...
Is DeFi’s Decentralization Just an Illusion?

What Does the Booming NFT Markets Reveal About Blockchain and DeFi?
What Does the Booming NFT Markets Reveal About Blockchain and DeFi?
John Wu of Ava Labs, which launched the proof-of-stake Avalanche blockchain, discusses his assessment of the booming non-fungible token (NFT) markets. “People sense and see, f...
What Does the Booming NFT Markets Reveal About Blockchain and DeFi?

DeFi Adoption Still Reportedly Far From Mainstream
DeFi Adoption Still Reportedly Far From Mainstream
A new report from blockchain data firm Chainalysis suggests mainstream adoption of decentralized finance (DeFi) protocols remains at an early stage relative to the wider crypt...
DeFi Adoption Still Reportedly Far From Mainstream

DeFi Exchange SushiSwap Builds on Avalanche as Part of $180M Incentive Program
DeFi Exchange SushiSwap Builds on Avalanche as Part of $180M Incentive Program
Popular decentralized exchange (DEX) SushiSwap is the latest decentralized finance (DeFi) project to join proof-of-stake blockchain Avalanche in its $180 million incentive pro...
DeFi Exchange SushiSwap Builds on Avalanche as Part of $180M Incentive Program

‘Happy Ending’ to DeFi’s Largest Hack
‘Happy Ending’ to DeFi’s Largest Hack
The attacker who hacked more than $600 million from the China-based Poly Network platform has released the private key for the remaining $141 million of the stolen cryptocurre...
‘Happy Ending’ to DeFi’s Largest Hack

SEC Chair Gary Gensler Says DeFi Not Immune to Oversight
SEC Chair Gary Gensler Says DeFi Not Immune to Oversight
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler warned decentralized finance (DeFi) projects that reward participants with incentives or digital tokens cou...
SEC Chair Gary Gensler Says DeFi Not Immune to Oversight