DeFi


Opinion

CeFi Broke. But DeFi Is Not Without Blame

It’s dangerous to simply throw all the blame for the current round of market mayhem at centralized lenders. Work is needed to bring security and stability to DeFi, says CoinDesk's chief content officer.

Issues with both DeFi and CeFi need resolution (Rachel Sun/CoinDesk)

Markets

First Mover Americas: BTC Nears $21K but DeFi Tokens Steal the Show

The latest price moves in crypto markets in context for July 15, 2022.

BTC holds the $20,500 level and DeFi tokens continue to surge. (Matt Jelonek/Getty Images)

Finance

DeFiance Capital Has Been 'Materially Affected' by Three Arrows Liquidation

The firm's CEO has said he is committed to recovering all assets that may have been affected.

CoinDesk placeholder image

Markets

DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike

The outperformance of the DeFi coins could be fleeting, given the weak fundamentals.

Prominent DeFi coins take the lead as the crypto market remains resilient to inflation fears. (mibro/Pixabay)

Markets

Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound

The troubled crypto lender previously paid off loans from Aave and Maker.

(Piaras Ó Mídheach/Web Summit via Sportsfile)

Markets

Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet

The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)

Finance

A16z, Variant Lead $18M Round for Lending Protocol Morpho Labs

The protocol enhances existing lending protocols such as Compound and Aave with peer-to-peer liquidity.

A16z partner Chris Dixon (Steve Jennings/Getty Images for TechCrunch)

Markets

Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave

The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 (CoinDesk)

Policy

El regulador internacional IOSCO se enfocará en reglas cripto y DeFi globales

En sus primeros dos años, el nuevo grupo de trabajo fintech del emisor de estándares globales se concentrará en establecer recomendaciones de políticas para activos digitales.

El emisor de estándares internacionales para la regulación de valores IOSCO planea publicar recomendaciones de políticas para cripto y DeFi para fines de 2023. (simoncarter/ Getty)

Markets

Celsius Reclaims $172M Collateral From Aave, Compound

The liquidity-strapped crypto lender has paid down $95 million in debt from the two DeFi platforms since Friday.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 in New York (CoinDesk)