DeFi


Tech

DeFi Index Project to Launch With Vampire Attack on Index Coop, Others

Enso Finance, a new index and “social trading” protocol, is arriving on the scene in gruesome fashion.

(Clément Falize/Unsplash)

Policy

DeFi’s Decentralization Is an Illusion: BIS Quarterly Review

The BIS review dedicated a special feature to discussing decentralized finance and its implications for financial stability.

The headquarters of the Bank for International Settlements (BIS) is seen in Basel, Switzerland, on Tuesday, June 25, 2013. Central banks can't expand loose monetary policy without exacerbating risks to world economies, the Bank for International Settlements said this week. Photographer: Gianluca Colla/Bloomberg via Getty Images

Videos

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 regulate the sector. "The Hash" team digs into the report and what it illuminates about the potential risks of DeFi. Could open finance undermine financial stability?

Recent Videos

Tech

BitMart CEO Says Stolen Private Key Behind $196M Hack

The crypto exchange’s CEO said the company will compensate affected users out of its own funds.

(ETA+/Unsplash)

Markets

CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out

Web 3 is replacing DeFi among the most traded currencies in crypto.

The Solana conference's closing gala in Lisbon's main square. (Zack Seward/CoinDesk archives)

Markets

Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack

However, the company didn’t specify the amount it lost.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Finance

Aave’s Push for Institutional DeFi Gets Second KYC Provider Proposal

Security token platform Securitize is looking to join Fireblocks in offering ID tools for Aave Arc.

(Luke Sharrett/Bloomberg via Getty Images)

Finance

Crypto Investment Firm Maven 11 Capital Closes $120M Fund

The company’s second crypto fund will focus on DeFi and Web 3 applications.

Crypto Firms Took 6% of Global Venture Capital Funding in First Half of 2021