DeFi Is the Way Forward, but It Needs to Evolve
The technical foundation of DeFi has proven to be incredibly resilient to the catastrophic market events of the last few months. The opportunity for building a new generation of financial
Read MoreCrypto Lender Nexo Canvasses Vauld Creditors Directly With Final Takeover Offer
In an open letter, the firm said earlier offers were misrepresented and it wanted to deal directly.
Read MoreSolana’s Top NFT Projects DeGods and Y00ts to Migrate Chains
DeGods will bridge over to Ethereum while its sister project Y00ts will move to Polygon with a grant from the layer 2’s partnership fund.
Read MoreFirst Mover Asia: Bitcoin Ho Ho Holds Near $16.9K
Bitcoin held steady throughout the Christmas holiday weekend at about $16.9K; most other major cryptos were flat, although tinted more green than red. Also: CoinDesk columnist David Z. Morris considers
Read MoreBitcoin Miners Powered Off as Winter Storm Battered North America
Computing power on the Bitcoin network dropped about 40% over the weekend.
Read MoreCrypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo
The two started negotiations earlier this year and signed an initial agreement in July.
Read MoreDefrost Finance Says Hacked Funds Have Been Returned
The hack, which some observers had characterized as a rug pull, was estimated to have netted $12 million.
Read MoreFive Crypto Things That Riled Me Up in 2022
The FTX fraud, the Three Arrows Capital collapse, bitcoin maximalist rhetoric, centralized blockchains and privacy deniers, haters and destroyers were just a handful of the things that irritated CoinDesk research
Read MoreDefrost Finance Hacked in Attack Some Say May Have Been a Rug Pull
The total value of funds locked on the protocol had dropped to less $93,000 on Dec. 25 from about $13 million, Defi Llama data show.
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