DeFi


Markets

Traders Are Paying 2,000% to Buy CYBER as Social Network's Tokens Soar

The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Tech

Aerodrome Fanatics Deposit $150M to Base Blockchain on First Day

Its creators hope to emulate the apparent success of Velodrome, one of Optimism network’s most used platforms which holds over $288 million in locked value.

Aerodrome receives $150 million in deposits (Pixabay)

Tech

Scores of Friend.tech Users Remain Active Even as Trading Volumes Drop 95%

Falling revenues have led some market observers to say the platform has “gone dead.” But has it?

(SDI Productions/ Getty Images)

CoinDesk Indices

A Guide to TradFi Blockchain Adoption

As financial institutions look to come on-chain, total value locked, or TVL, is anticipated to be the leading indicator of where adoption will occur.

(Sean Pollock/Unsplash)

Markets

Robinhood Revealed to Be Third-Largest Bitcoin Holder With $3B in BTC

Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period.

Wallets (RitaE/Pixabay)

Tech

Pepecoin Says 'Bad Actors' on Team Stole $15M PEPE

Unprecedented transactions out of a multisig wallet spooked Pepecoin watchers last week.

Pepe the frog (Studio Incendo/Wikimedia Commons)

Consensus Magazine

Tokenization News Roundup: Resource Extraction, Social Media Monetization and Real World Connections

A weekly digest of articles, reports and analyses about tokenized RWAs, the fast-growing financial instruments that merge traditional finance to the blockchain.

(Camilo Jimenez/Unsplash)

Tech

PancakeSwap Version 3 Goes Live on Ethereum Layer 2 Linea Mainnet

PancakeSwap v3 introduces advanced Swap and Liquidity Provision functionalities, enabling users to trade tokens seamlessly and maximize capital efficiency.

pile of pancakes on a plate.

Tech

Pendle Finance Users Can Now Profit From Real World Assets

Pendle will use MakerDao’s boosted Savings (sDAI) and Flux Finance’s fUSDC in its first real-world assets (RWA) based product.

hand holding $20 bill in front of trees

Tech

The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech

The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks.

Chart shows surge in buyers on Base's Friend.tech app after the project announced it had received an investment earlier this year from the crypto-focused venture capital firm Paradigm. (Messari/Dune)