decentralized finance

BlockFi reportedly liquidates 3AC (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 by Orthogonal Trading’s recent default.
BlockFi reportedly liquidates 3AC (deepblue4you/Getty images)

CDCROP: 25 MPH Speed Limit sign (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.
CDCROP: 25 MPH Speed Limit sign (Unsplash)

CDCROP: Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev was tried (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.
CDCROP: Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev was tried (Jack Schickler/CoinDesk)

CDCROP: DeFi -Decentralized Finance on dark blue abstract polygonal background. Concept of blockchain, decentralized financial system (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 flow off big centralized crypto exchanges like Binance and OKX.
CDCROP: DeFi -Decentralized Finance on dark blue abstract polygonal background. Concept of blockchain, decentralized financial system (Getty Images)

CDCROP: Dollars, bills, ten, money (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.
CDCROP: Dollars, bills, ten, money (pasja1000/Pixabay)

CDCROP: Bank vault (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.
CDCROP: Bank vault (Unsplash)

CDCROP: Car crash narrow road wedged (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.
CDCROP: Car crash narrow road wedged (Unsplash)

CDCROP: CFTC logo
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.
CDCROP: CFTC logo

CDCROP: AI Graphs Charts Indicies Graphic (Midjourney/CoinDesk)
Decentralized Exchange Token GMX Surges After Binance, FTX Listings
GMX gained popularity for defying this year’s crypto rout, and it nearly hit its previous all-time high after the listings news.
CDCROP: AI Graphs Charts Indicies Graphic (Midjourney/CoinDesk)