DeFi

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
Millions in Ether Tied to FTX 'Hacker' on The Move
FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.
Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Circle rolls out open-source protocol (Sandali Handagama/ CoinDesk)
Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets
Perimeter Protocol is the first development of Circle Research, the company's new open-source development division.
Circle rolls out open-source protocol (Sandali Handagama/ CoinDesk)

dYdX CEO Antonio Juliano (Danny Nelson/CoinDesk)
Examining dYdX’s Path to Profitable DeFi
Axelar's Galen Moore provides a front-row seat to changes afoot at dYdX as the popular decentralized trading platform builds on Cosmos.
dYdX CEO Antonio Juliano (Danny Nelson/CoinDesk)

(NASA/Unsplash)
Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.
(NASA/Unsplash)

(Boba Jaglicic/Unsplash, modified by CoinDesk)
Ending the Staking Trade-Off Can Save DeFi Communities
The reasons for anemic participation rates in many DAOs vary. Can staking breath life (and capital) into the sector?
(Boba Jaglicic/Unsplash, modified by CoinDesk)

CRV token bounces 3% (CoinDesk data)
Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave
Egorov now has $132 million worth of collateral and $42 million in debt across all other DeFi lenders.
CRV token bounces 3% (CoinDesk data)

The first mover advantage matters for platforms like Lido, but crypto's longterm viability will require to shake up the staking market. (Papafox/Pixabay)
How Much Does the First Mover Advantage Matter for Crypto Staking?
Platforms like Lido and Rocket Pool are staking market trailblazers, but a truly decentralized crypto ecosystem will require cooperation not just competition.
The first mover advantage matters for platforms like Lido, but crypto's longterm viability will require to shake up the staking market. (Papafox/Pixabay)

(Markus Spiske/Unsplash, modified by CoinDesk)
Staking Brings Decentralization Back to DeFi
DeFi now has a yield-bearing collateral asset that is native to crypto, Ethena Labs Conor Ryder writes for "Staking Week."
(Markus Spiske/Unsplash, modified by CoinDesk)

(Danny Nelson/CoinDesk)
Arbitrum Treasury Richer by $59M as Users Miss Claims Deadline
Users had nearly six months to claim the tokens after an airdrop in March.
(Danny Nelson/CoinDesk)

A Shiba inu. (Unsplash, modified by CoinDesk)
Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making It a Real Thing
A token meant for testing purposes wasn’t intended to be traded, yet some traders have pounced on the supposed opportunity.
A Shiba inu. (Unsplash, modified by CoinDesk)