Decentralized Finance

DeFi's Total Value Locked Slumps to Lowest Level Since February 2021: Data
DeFi's Total Value Locked Slumps to Lowest Level Since February 2021: Data
Data compiled by DefiLlama shows that the amount of money stashed in decentralized finance protocols has dwindled to the lowest level since February 2021. "The Hash" panel wei...
DeFi's Total Value Locked Slumps to Lowest Level Since February 2021: Data

Curve Finance's Michael Egorov (Michael Egorov, modified by CoinDesk)
Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole
Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are alre...
Curve Finance's Michael Egorov (Michael Egorov, modified by CoinDesk)

berlin germany (Florian Wehde/Unsplash)
Berlin: The Center for Decentralized Finance – and Techno Music
When the tech hub of Europe meets a society that prizes financial autonomy, the result is a crypto community that practices the very decentralization it preaches. Case in poin...
berlin germany (Florian Wehde/Unsplash)

Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
An arbitrage bot flash loaned $200 million worth of the dai stablecoin (DAI) from MakerDAO on Wednesday, making a $3.24 profit after transaction fees. "The Hash" panel discuss...
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit

U.S. Securities and Exchange Commission (Jesse Hamilton/Coindesk)
U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says
The agency’s comment window is closing for its proposal to expand how it defines exchanges, including a major swath of decentralized finance, and the crypto sector is objectin...
U.S. Securities and Exchange Commission (Jesse Hamilton/Coindesk)

The European Parliament  (Guillaume Périgois/Unsplash)
Treat Crypto as Securities by Default, European Parliament Study Says
Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says.
The European Parliament  (Guillaume Périgois/Unsplash)

Canto blockchain suffers drop in TVL (Unsplash)
The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook
Canto's slide is an example of fickle crypto investors' lack of appetite in DeFi.
Canto blockchain suffers drop in TVL (Unsplash)

(Shutterstock)
Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month.
(Shutterstock)

(Atlendis Labs)
Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa
Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms.
(Atlendis Labs)

(Aditya Siva/Unsplash)
Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows
Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido.
(Aditya Siva/Unsplash)