DeFi


Tech

Arbitrum Blockchain Traders Can Now Protect Against 'Impermanent Loss'

GammaSwap developers say it is the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.

(Danny Nelson/CoinDesk)

Tech

Avalanche Developer, Known for Minting Millionaires and Duds, Is Back With ‘WAGMI’ Tokens

Sestagalli’s previous Avalanche projects created a cult-like following in the 2021 bull run under the “frog nation” moniker.

The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)

Policy

SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi

David Hirsch, who runs the agency’s office that handles crypto enforcement, says that apart from Coinbase and Binance, there are other exchanges and DeFi straying from the law.

The U.S. Securities and Exchange Commission under Chair Gary Gensler has waged an enforcement battle against the crypto industry that shows no sign of letting up. (Drew Angerer/Getty Images)

Tech

Mark Cuban Loses Nearly $1M to Crypto Scam

The billionaire said he logged in to his crypto wallets after months of inactivity but had likely clicked on a phishing link.

Billionaire Dallas Mavericks owner Mark Cuban (Getty Images)

Videos

Fireblocks CEO on Non-Custodial Wallet Service Demand in Wake of FTX Collapse

A new non-custodial wallet-as-a-service is offering fintech and corporate clients from acting as custodians, in an effort to make it easier for end users to access DeFi and other Web3 apps. Fireblocks co-founder and CEO Michael Shaulov shares insights into the move. "On the back of what happened with FTX, Celsius, and other entities last year...we've seen a lot of demand from end users to get clarity on what is the control of their wallets," Shaulov said.

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Tech

IOTA Eyes Big Crypto Leagues Again With Series of Network Boosting Plans

These changes are supposed to boost the value of MIOTA tokens and improve network security.

(Pixabay)

Web3

South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity

Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.

South Korea flag (Daniel Bernard/ Unsplash)

Tech

North Korean Attackers Linked to $54M CoinEx Hack, Blockchain Data Suggests

A hot wallet of the crypto exchange used to hold users’ tokens was exploited by attackers on Tuesday.

Hacker (Towfiqu Barbhuiya/Unsplash)

Web3

Web3 Doesn’t Care About Bitcoin Prices – And Other Musings From Korea Blockchain Week

A packed venue and hopeful cheers from an estimated 10,000 people attending the many Web3 panels could have made one doubt whether the industry remains in one of the deepest bear markets in its young history.

Seoul at dusk with Lotte Tower and mountains in background

Finance

Coinbase Paves Way for Big Institutions to Do More With Web3, DeFi, NFTs

“We're seeing corporations who want to participate on-chain in some way,” Coinbase’s Kevin Johnson told CoinDesk TV. “But they need a safe way to do that.”

Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)