MakerDAO DeFi Protocol Revenue Falls 86%
In the third quarter, revenue at one of the oldest DeFi projects, MakerDAO, collapsed by 86%, according to Messari.
MakerDAO DeFi Protocol Revenue Falls 86%
In the third quarter, revenue at one of the oldest DeFi projects, MakerDAO, collapsed by 86%, according to Messari.
Stellar Development Foundation launches $100m fund to promote Soroban smart contracts
The Stellar Development Foundation (SDF), a nonprofit organization, has launched a $100 million fund. It will provide incentives for developers to create products and utilities on the Soroban smart-contract platform.
European Commission to study the possibility of ’embedded supervision’ for DeFi protocols
The European Commission announced a tender to study real-time automated data collection of DeFi activity on the Ethereum network for regulators.
Blockwater Technologies defaults on $2.97 million DeFi loan
Blockwater Technologies, a South Korea-based cryptocurrency-focused investment firm, defaulted on a $2.97 million loan obtained via the TrueFi DeFi protocol in BUSD.
Community proposes closing the Yam Finance DeFi project
A proposal to distribute treasury funds among users and shut down the Yam Finance DeFi protocol has been put to its DAO for consideration.
MakerDAO to invest $500 million in U.S. securities
The MakerDAO community approved a proposal to invest $500 million in short-term U.S. Treasuries and corporate bonds.
The Merge did not save Ethereum from a 14.5% drop in September
Despite the successful The Merge upgrade, Ethereum's price in September fell by 14.5%, according to ForkLog's report.
Elliptic: more than $4 billion laundered in crypto via DEX and cross-chain swaps
Criminals used decentralised exchanges (DEX), cross-chain bridges and swaps to launder illicit proceeds in crypto worth more than $4 billion.
Paradigm backs Exponential in $14 million seed round
Exponential, a platform for discovering investments and assessing risks in the DeFi sector, raised $14 million in a seed round led by Paradigm.
Opinion: CBDCs could bring stability to the DeFi sector
CBDCs can interact with decentralized finance (DeFi) and provide the sector with greater stability. This view was expressed by Thomas Moser, a member of the Swiss National Bank (SNB) board, in an interview with Cointelegraph.We use cookies to improve the quality of our service.
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