DeFi


Finance

Cream Plunges on News That Hack Compensation Will Inflate Token Supply

The price of CREAM has fallen off two cliffs in less than a month.

CREAM has fallen off not one, but two cliffs in recent weeks. (Messari)

Tech

xDai Wants a Gnosis Merger to Stay Relevant, but Some Tokenholders Are Crying Foul

Project leads see a potentially historic DeFi merger as a way to fend off the competition. Speculators are complaining they’ve been shortchanged.

(Jonny Clow/Unsplash)

Finance

‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’

In a governance first, Curve has halted rewards emissions to a pool after it deemed a protocol’s behavior a “clear governance attack.”

(Hasan Almasi/Unsplash)

Finance

Saddle Raises $7.5M to Reduce Slippage in DeFi Trading

The automated market maker wants to minimize the spread on stablecoin trades.

saddle-defi

Finance

Polkadot DeFi Darling Acala Has Gathered Over $600M and Counting

Acala is likely to win the first Polkadot parachain slot in the auction process beginning Thursday.

One of the options DOT holders can vote on. (Polkadot)

Finance

MakerDAO’s Christensen Turns Optimistic After US Stablecoin Report

The founder of the crypto lender and stablecoin issuer had feared the worst about potential regulation.

MakerDAO founder Rune Christensen on CoinDesk TV

Markets

LUNA Hits All-Time High as Terra Community Passes Popular Burn Proposal

The burning marks one of the largest, if not the largest, layer 1 token burnings in crypto history.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Markets

DEXs Have Grown the Most as Competition Among Crypto Exchanges Intensifies: Chainalysis

The majority of DEX users are professional crypto traders looking for “new sources of alpha,” said one analyst.

(Chainalysis)

Policy

What FATF’s Latest Guidance Means for DeFi, Stablecoins and Self-Hosted Wallets

Launching a truly “global” stablecoin is likely to get more difficult in the coming year as a result of the guidance, which advises regulators to keep such projects on a short leash.

(Art Institute of Chicago)