Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
The firm's sole director is hoping to roll out a DeFi platform to begin paying back creditors.
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Mar 6, 2023 at 12:29 p.m. UTC
Mar 6, 2023
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Will DeFi Emerge From Crypto Winter Stronger?
Galaxy Digital researcher Chelsea Virga writes about the innovations happening in decentralized finance.
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Mar 2, 2023 at 9:01 p.m. UTC
Mar 2, 2023
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Stablecoin Lender Liquity's Token Rises 35% on Binance Listing
LQTY hit a 10-month high of $1.82 as trading volume surged by 382%.
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Feb 28, 2023 at 11:07 a.m. UTC
Feb 28, 2023
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Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges.
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Feb 27, 2023 at 8:59 a.m. UTC
Feb 27, 2023
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Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.
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Feb 15, 2023 at 10:16 p.m. UTC
Feb 15, 2023
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DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
Clearpool also opened the onboarding and whitelisting process for institutional borrowers and lenders to its Prime platform.
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Feb 13, 2023 at 5:00 a.m. UTC
Feb 13, 2023
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How to Avoid the Death of DeFi in the Wake of FTX
The crypto exchange’s collapse is an inevitable outcome for an industry yet to find its use case. For crypto to survive, it needs to learn from the very financial sector it set out to replace, says Brent Xu, the CEO of Umee.
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Feb 9, 2023 at 9:24 p.m. UTC
Feb 9, 2023
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Aave Deploys Native Stablecoin GHO on Ethereum Testnet
GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.
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Feb 9, 2023 at 2:00 p.m. UTC
Feb 9, 2023
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MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract system.
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Feb 8, 2023 at 8:13 p.m. UTC
Feb 8, 2023
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Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
Clearpool Prime will allow institutional borrowers to create permissioned borrowing pools with their own loan terms.
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Feb 6, 2023 at 5:59 p.m. UTC
Feb 6, 2023