Trading Contest on Synthetix Aims to Showcase Speed of New DEX Tech
Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX).

Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America
Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis.

Blockchain Bites: The Government Won't 'Kill DeFi' but FATF Might Compromise Anonymity
Consensus: Distributed saw discussions over the constitutionality of FATF's Travel Rule and why regulators want DeFi in the U.S.

Popular BTC Derivatives Product Goes Live on DeFi's dYdX
Andreessen Horowitz-backed dYdX released its Bitcoin Perpetual Contract out of private alpha on Wednesday, bringing a key BTC derivatives product to DeFi.

Everything You Ever Wanted to Know About the DeFi ‘Flash Loan’ Attack
There’s now a case study for how DeFi can go awry. bZx, the eighth-largest decentralized finance project according to DeFi Pulse, suffered two attacks last weekend following the introduction of “flash loans,” a new DeFi feature that limits a trader’s risk while improving the upside.

Kyber to Offer Delegated Token Staking After Coming Network Upgrade
A new partnership with StakeWith.US will allow community members to delegate staking if they don't have time or knowledge to get directly involved in governance, said Kyber.

Network Bringing Bitcoin to DeFi Taps Libra Member Bison Trails for Staking Services
DeFi protocol Keep Network has tapped Bison Trails to provide non-custodial staking services for tBTC, an ERC-20 representation of bitcoin (BTC) deposits.

DeFi Project dForce Refunds All Affected Users After $25M Hack
The Lendf.me smart contract was hacked on April 29, but then, curiously, the funds were returned two days later.

AVA Labs Will Splash Millions to 'Brain Merge' DeFi and Traditional Finance
AVA is already in dialogue with five DeFi projects interested in receiving some of the "many millions" it's making available in grants.

Coinbase Launches Price Oracle Aimed at Reducing Systemic Risk in the DeFi Space
With around a billions dollars locked in decentralized finance projects, the new data feed for cryptocurrency prices is aimed to help keep those funds secure.
