WEF backs ‘Sandbox-first approach’ for DeFi adoption
    08 Oct 2024
    69 Views

    The World Economic Forum (WEF) urged policymakers and regulators worldwide to conduct decentralized finance (DeFi)-related innovations and experiments within regulatory sandboxes, focusing on tailored risk mitigation and transparency. In its recent assessment of nine major economies, including the United States, the United Kingdom, Japan and the United Arab Emirates, the WEF identified the need for…

    DeFi resurgence driven by Fed cuts, China, key protocols
    02 Oct 2024
    73 Views

    Apollo Crypto, an investment management firm specializing in digital assets, released a report highlighting the potential for a second wave of growth in decentralized finance (DeFi). A market slowdown followed the peak of “DeFi Summer” in 2020, the report noted, though protocols like Maker, Uniswap and Aave have emerged as industry staples. “As of today…

    DeFi rises again as Aave hits new ATH in weekly borrowers
    15 Aug 2024
    108 Views

    Decentralized finance protocols appear to be showing signs of recovery, with lending and borrowing platform Aave hitting a new record in weekly active borrowers. In a post on X on Aug. 14, Aave founder Stani Kulechov reported that the lending and borrowing protocol has reached around 40,000 active weekly borrowers, eclipsing the previous high in late 2022. Data…

    Wintermute in $300M funding talks, Tencent interested: Report
    24 Jul 2024
    120 Views

    Algorithmic crypto trading firm Wintermute is in talks with investors to raise new capital, according to a report. A deal worth between $100 million and $300 million could be in the works. Chinese social media conglomerate Tencent is among the investors considering the deal, Bloomberg and The Information reported on July 19. The deal would…

    SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
    07 Jun 2023
    318 Views

    Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator’s recent legal actions against cryptocurrency exchanges Coinbase and Binance….

    What are liquidity provider (LP) tokens, and how do they work?
    09 May 2023
    340 Views

    What are LP tokens? Liquidity providers deposit assets into a pool to facilitate trades on decentralized exchanges (DEXs) and automated market makers (AMMs) and receive liquidity pool tokens (LP) in return.  Liquidity pool tokens are also called liquidity provider tokens. They act as a receipt for the liquidity provider, who will use them to claim their…