DeFi Archives - CoinDesk

DeFi

RenBTC Quietly Goes Live in Latest Bid to Bring Bitcoin to Ethereum

Brady DaleMay 22, 2020

RenBTC, the latest implementation of bitcoin on the Ethereum blockchain, quietly went live this week, though the general public can't yet mint thier own tokens.

DeFi

Why Kyber Network Tokens Tripled to $100M Despite the Coronavirus Recession

Leigh CuenMay 21, 2020

Here's why Kyber Network's KNC is this season's hottest token across decentralized cryptocurrency markets.

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Governance

Compound’s Approach to DeFi Governance Starts With Giving Away COMP Tokens

Brady DaleMay 28, 2020

Users of the Compound lending platform will begin earning COMP governance tokens in mid-June.

DeFi

Why $4M Dai Made From WBTC Matters for DeFi’s Maturation

William FoxleyMay 20, 2020

Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.

DeFi

UMA Project Creates Its First Synthetic Coin, Matching ETH Against BTC

Brady DaleMay 20, 2020

Want to bet the price of ether is rising relative to the price of bitcoin? There's now a token for precisely that.

DeFi

Ether

Market Wrap: Here’s Why Ether’s Price Has Jumped 65% So Far This Year

Daniel CawreyMay 19, 2020

Ether is outperforming bitcoin in 2020 but has lower liquidity and different technical dynamics than the world’s largest cryptocurrency.

Uniswap

Uniswap V2 Launches With More Token-Swap Pairs, Oracle Service, Flash Loans

Brady DaleMay 18, 2020

The headline feature of the new Uniswap will be the ability for anyone to create any token pair they want, so long as it exists on Ethereum.

DeFi

Trading Contest on Synthetix Aims to Showcase Speed of New DEX Tech

Brady DaleMay 18, 2020

Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX).

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Stablecoins

Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America

Leigh CuenMay 14, 2020

Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis.

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Consensus: Distributed

Blockchain Bites: The Government Won’t ‘Kill DeFi’ but FATF Might Compromise Anonymity

Daniel KuhnMay 13, 2020

Consensus: Distributed saw discussions over the constitutionality of FATF's Travel Rule and why regulators want DeFi in the U.S.

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Derivatives

Popular BTC Derivatives Product Goes Live on DeFi’s dYdX

William FoxleyMay 13, 2020

Andreessen Horowitz-backed dYdX released its Bitcoin Perpetual Contract out of private alpha on Wednesday, bringing a key BTC derivatives product to DeFi.

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Staking

Kyber to Offer Delegated Token Staking After Coming Network Upgrade

Sebastian SinclairMay 4, 2020

A new partnership with StakeWith.US will allow community members to delegate staking if they don't have time or knowledge to get directly involved in governance, said Kyber.

loi-luu-ceo-and-co-founder-kyber-network_right

Keep Network

Network Bringing Bitcoin to DeFi Taps Libra Member Bison Trails for Staking Services

William FoxleyApr 28, 2020

DeFi protocol Keep Network has tapped Bison Trails to provide non-custodial staking services for tBTC, an ERC-20 representation of bitcoin (BTC) deposits.