DeFi

Regulated derivatives products allow investors to gain exposure to Bitcoin without the hassle of dealing directly with crypto, Robert Stevens explains on CoinDesk. “Digital gold” can sometimes feel as hard to get your hands on as the real thing. Tax-sheltered accounts or certain banks might not let you invest in Bitcoin directly, crypto exchange accounts…

Cross-chain bridge Nomad plans to relaunch and partially reimburse those that lost funds in its $190 million hack in August. Meantime, the developer team has asked users to go through KYC verification to let bridge back their assets. “Since the Nomad Token Bridge hack, the team has been working hard on recovering funds and making…

CME derivatives marketplace and cryptocurrency index provider CF Benchmarks announced they will introduce this month reference rates and real-time indices for AAVE, curve (CRV), and Aynthetix (SNX), they said on Dec. 1. Initially, pricing will come from a group of six crypto exchanges. The new rates will be calculated and published starting Dec. 19 and…

Uniswap Labs, the developer of the decentralized exchange protocol Uniswap, is starting a new NFT marketplace, aiming to break the barrier between crypto exchanges and NFT markets. Uniswap is also airdropping $5 million to early Genie adopters. Uniswap, one of the most popular DeFi protocols, wants to foray into the NFT sector with its own…

ConsenSys, one of the firms behind the Ethereum Merge, revealed on Nov. 24 that it also collects user data related to its on-chain wallet service MetaMask. The firm said when using Infura as an RPC on MetaMask, a user’s IP address and wallet address information would be collected as well.   According to the new…

Decentralization was and still is the answer, the co-founder of Near Protocol Illia Polosukhin told CoinDesk. The spectacular $32 billion collapse of the FTX exchange and its sister trading firm Alameda Research recently once again has crypto’s detractors gloating in the headlines. In fact, FTX bears no resemblance to most of what the longtime believers…