DeFi


Markets

CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out

Web 3 is replacing DeFi among the most traded currencies in crypto.

The Solana conference's closing gala in Lisbon's main square. (Zack Seward/CoinDesk archives)

Markets

Atualização do CoinDesk 20: ATOM, ICP e SOL estão disponíveis; AAVE, GRT e UNI estão fora

A Web 3 está substituindo o DeFi entre as moedas mais negociadas em Cripto.

The Solana conference's closing gala in Lisbon's main square. (Zack Seward/CoinDesk archives)

Markets

Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack

However, the company didn’t specify the amount it lost.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Finance

Aave’s Push for Institutional DeFi Gets Second KYC Provider Proposal

Security token platform Securitize is looking to join Fireblocks in offering ID tools for Aave Arc.

(Luke Sharrett/Bloomberg via Getty Images)

Finance

Crypto Investment Firm Maven 11 Capital Closes $120M Fund

The company’s second crypto fund will focus on DeFi and Web 3 applications.

Crypto Firms Took 6% of Global Venture Capital Funding in First Half of 2021

Videos

Badger DAO Protocol Suffers $120M Exploit

An attacker drained funds from the wallets of dozens of users of the Badger DAO yield vault protocol using malicious contract permissions. The total loss amounted to about 2,100 BTC and 151 ETH, or roughly $120 million. “The Hash” group discusses the latest DeFi mainstay to fall victim to a malicious hack.

CoinDesk placeholder image

Tech

Aligning Social and Financial Capital to Create Better Money

Would money be better if it was aligned with our reputations?

benjamin-elliott-vc9u77c0LO4-unsplash

Markets

Large Traders Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay

The average trade size on Curve Finance ranges from $500,000 to $1 million, according to Kaiko.

DEXs process greater number of large-sized deals than CEXs do. (Kaiko)

Finance

Badger DAO Protocol Suffers $120M Exploit

The hacker or hackers may have targeted the platform’s user interface.

(Shutterstock)

Finance

Can Stablecoin Supply Measure Ethereum Adoption?

As innovation on top of Ethereum continues to connect DeFi with the outside world, stablecoin growth appears to be a strong measure of adoption.

(Thomas Rey/Unsplash)