DeFi

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.” It…

RWA-focused layer-1 blockchain Mantra is the first DeFi platform to secure a license from Dubai’s virtual asset regulator, VARA. Dubai is a rising market for the blockchain industry that is quickly establishing itself as one of the world’s leading financial centers. As a result, the region has welcomed a myriad of companies, including crypto trading platforms, media…

The US Senate has passed a resolution to repeal a Biden-era rule that would require decentralized finance (DeFi) protocols to report to the Internal Revenue Service (IRS). The Senate voted 70 to 27 on March 4 to approve a motion to repeal the rule that would expand existing IRS reporting requirements to include decentralized exchanges and require brokers to disclose gross proceeds from crypto…

The blockchain industry faces a crisis of its own making. While we celebrate theoretical transaction speeds and tout decentralization, our data infrastructure remains firmly rooted in 1970s technology. If a 20-second load time would doom a Web2 app, why are we settling for that in Web3? With 53% of users abandoning websites after just three…

Gearbox Protocol, the “credit layer” for DeFi, aims to emulate the mass adoption success of credit cards by introducing wallet-native, real-world credit to the DeFi ecosystem. The decentralized finance (DeFi) space has seen steady growth over the past few years, yet it remains a niche within the larger cryptocurrency landscape. While onchain newcomers often enter…

Opinion by: Alexander Sudeykin, co-founder of Evaa Protocol Many believed capitalism would be a force for innovation and personal freedom. But let’s be honest, it hasn’t lived up to the hype lately. The big fish in every industry keep gobbling up the little fish, and they’ve got the political clout to set the game board…