DeFi


Consensus Magazine

Are DAOs Doomed to ‘Decentralization Theater’?

Consensus 2023 guests shared their concerns over 'decentralization theater' in DeFi projects, emphasizing the importance of genuine decentralization in the development of the Web3 ecosystem

CoinDesk Web3 reporter Cam Thompson hosted the "Consumer Web3 Is Having Its Moment" event at Consensus 2023. (Shutterstock/CoinDesk)

Consensus Magazine

Le DAO sono condannate al “teatro della decentralizzazione”?

Gli ospiti del Consensus 2023 hanno condiviso le loro preoccupazioni sul "teatro della decentralizzazione" nei progetti DeFi, sottolineando l'importanza di una vera decentralizzazione nello sviluppo dell'ecosistema Web3

CoinDesk Web3 reporter Cam Thompson hosted the "Consumer Web3 Is Having Its Moment" event at Consensus 2023. (Shutterstock/CoinDesk)

Tech

Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet

This second phase will include a more thorough testing environment to encourage validator participation.

(Gerd Altmann/Pixabay)

Markets

DeFi Protocol Curve Finance Now Lets Users Mint crvUSD for Staked Ether

The governance proposal for the crvUSD minting was passed early on Thursday.

(vlastas/iStock)

Markets

DeFi Unfazed by SEC's Classification of Tokens as Securities

These forces will likely only drive “more financial activity to DeFi,” one trader said.

(Kevin Ku/Unsplash)

Tech

Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet

The developer proposed two key features for the decentralized stablecoin in a governance post on Tuesday.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Tech

Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens

Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.

Wallets (RitaE/Pixabay)

Markets

Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data

Ether and other major cryptos spent much of the day in positive territory.

Bitcoin daily chart (CoinDesk Market Index)

Tech

Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi

May saw fewer exploits than April, suggesting better security practices among crypto users and developers.

Two RPC interfaces for Polygon and Fantom were impacted in a DNS hijack attack. (Mika Baumeister/Unsplash)

Tech

Uniswap Community Votes Down Protocol Fees for Liquidity Providers

The initial snapshot poll was voted against by the community in a surprising move.

Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)