DeFi


Policy

International Securities Regulator IOSCO to Focus on Global DeFi, Crypto Rules

In its first two years, the global standard-setter's new fintech task force will concentrate on setting up policy recommendations for digital assets.

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 Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Opinion

Celsius Looks Sloppy in New Lawsuit, but So Does the DeFi Legend Suing It

While underscoring Celsius’s disregard for risk and weak controls, KeyFi’s lawsuit also casts new, unflattering light on the crypto whale known as @0x_b1.

In a new dispute between Celsius and a trading partner, both parties seem to have helped fumble depositors' bags. (Getty Images)

Finance

Aztec Launches DeFi Privacy Bridge Aztec Connect

The privacy solution, now on mainnet, allows users to interact with popular DeFi apps in a private way.

(Shutterstock)

Markets

Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral

The troubled crypto lender paid down the remaining $41 million of its debt on the DeFi platform.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Finance

Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of 'Lending Demand'

The venture capital-backed firm said the lack of “institutional fixed income DeFi adoption” drove its decision.

(Don Mason/Getty Images)

Markets

Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows

The troubled crypto lender paid down $183 million of its debt to the decentralized lending protocol Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Opinion

The Era of Easy DeFi Yields Is Over

Alpha in DeFi is about to get a lot scarcer (although still super attractive). Luckily, risk management will eventually get much simpler.

A hand squeezing a lemon. (j4p4n/OpenClipArt)