Decentralized Finance

Rancor and dissent have broken out between units of Orthogonal Trading after $36 million of loan defaults on the crypto lending platform Maple Finance. (Charles Altamont Doyle/Creative Commons, modified by CoinDesk)
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechl...
Rancor and dissent have broken out between units of Orthogonal Trading after $36 million of loan defaults on the crypto lending platform Maple Finance. (Charles Altamont Doyle/Creative Commons, modified by CoinDesk)

Nexus Mutual expects a loss of 2,461 ETH on its deposit into a wrapped ether credit pool on Maple Finance. (deepblue4you/Getty images)
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked...
Nexus Mutual expects a loss of 2,461 ETH on its deposit into a wrapped ether credit pool on Maple Finance. (deepblue4you/Getty images)

MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds
MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds
The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christ...
MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds

Compound Finance will enforce new limits for borrowing to lower risk on the platform. (Unsplash)
DeFi Lender Compound Tightens Borrowing Limits After Aave Exploit Attempt
A passed proposal introduces borrowing caps for five cryptocurrencies and sets stricter loan limits for another five.
Compound Finance will enforce new limits for borrowing to lower risk on the platform. (Unsplash)

Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev's case was heard. (Jack Schickler/CoinDesk)
3 Things We Learned at Tornado Cash Dev Alexey Pertsev's Trial
The prosecution said little about free speech during the trail of the Tornado Cash privacy protocol developer. The focus may be on the mechanics of DeFi.
Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev's case was heard. (Jack Schickler/CoinDesk)

(Getty Images)
DeFi Protocols Are Winning Users as Centralized Crypto Exchanges Suffer Ether Outflows
In the wake of the downfall of Sam Bankman-Fried’s FTX exchange, crypto traders are increasingly turning toward decentralized-finance (DeFi) protocols – as Ethereum tokens flo...
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(pasja1000/Pixabay)
Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan
This is the second time in a month that a lender defaulted on an unsecured loan on the decentralized lending protocol.
(pasja1000/Pixabay)

(Brock Wegner/Unsplash)
DeFi Protocol Voltz Opens Door for Passive Traders With Liquidity Optimizer Vault
The new product will give traders the opportunity to earn passive liquidity provider returns without the risk of impermanent loss, Voltz's CEO said.
(Brock Wegner/Unsplash)

(Gareth Harrison/Unsplash)
Crypto Staking Platform Freeway Halts Withdrawals, Citing Market Volatility
The small-cap platform that promised users up to 43% in annual awards puts the brakes on withdrawals and scrubs its team from the site.
(Gareth Harrison/Unsplash)

(Mark Van Scyoc/Shutterstock)
Developers Excluded From Broker Label in New DCCPA Bill Draft
Stakeholders say that this latest draft of the bill tempers language that would be detrimental to DeFi.
(Mark Van Scyoc/Shutterstock)