DeFi


Tech

DeFi Exchange Platform dYdX Places Solana in 'Close Only' Mode

The move comes after Solana has plummeted 40% in 24 hours due to its link with the beleaguered Sam Bankman-Fried empire.

(Shutterstock)

Markets

Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools

Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.

Several crypto investment firms drained almost all of their available credit from their credit pools on Clearpool. (Clearpool)

Finance

Wintermute-Backed DEX Bebop Launches on Polygon

Bebop, which is incubated by crypto market-maker Wintermute, first launched on the Ethereum blockchain this past June.

Evgeny Gaevoy, Wintermute CEO (Danny Nelson/CoinDesk)

Opinion

Money Crypto Versus Tech Crypto

How the two faces of the ecosystem impact the regulatory discussion.

(Pablo García Saldaña/Unsplash)

Finance

Communications Startup Dialect Issues Tech Specs for ‘Smarter Messaging’ in Crypto

"If we look at how standards get adopted, its a chaotic mix of right time right place," said CEO Chris Osborn.

Dialect has made it a lot easier to contact others. (Wikimedia Commons)

Markets

Temor a hackeo de US$1000M provoca desplome de 20% en GALA, pero la firma insinúa que se atacó a sí misma

“Todos los tokens de GALA en Ethereum y en los puentes están a salvo”, tuiteó una empresa afiliada.

GALA price crashes after exploit speculation. (TradingView)

Markets

$1B Crypto Hack Fears Spur 20% GALA Plunge, but Firm Implies It Attacked Itself as a Safeguard

"All GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE," an affiliated firm tweeted.

GALA price crashes after exploit speculation. (TradingView)

Markets

Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan

Archblock, the underwriter of the loan, joins the court-advised liquidation process of crypto hedge fund Invictus' parent company in an attempt to recover losses for investors.

Bitcoin Corporate Treasury Adoption (Shutterstock)

Finance

Aave Community Members Vote to Deploy on zkSync v2 Testnet

The decision will let developers evaluate whether to fully deploy its decentralized exchange on the layer 2 scaling platform that speeds up Ethereum transactions.

The development lab overseeing lending protocol Aave, which means "ghost" in Finnish, is seeking $16 million from the Aave community. (Unsplash)

Opinion

Stop Using the Word 'Platform', and Other DeFi Language Pet Peeves

When it comes to words demonstrating how DeFi is not TradFi, it’s "not how you say it, it’s what you say," writes Aave's general counsel, Rebecca Rettig.

(Waldemar Brandt/Unsplash)