Defi
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech & Protocols team. In this issue: Sandeep Nailwal Takes Control of Polygon …
Morpho, a permissionless cryptocurrency lending protocol, unveiled an update that seeks to further align decentralized finance (DeFi) with traditional lending by bringing more in the way of bespoke, predictable loan terms. Morpho V2 delivers market …
Decentralized finance (DeFi) tokens UNI, AAVE and SKY all rose by more than 20% on optimistic comments from SEC Chair Paul Atkins at a Monday roundtable discussion about the sector. Atkins instructed the regulator to explore exemptions to let …
The U.S. Securities and Exchange Commission is working on policy to exempt decentralized finance (DeFi) platforms from regulatory barriers, said Chairman Paul Atkins. Software developers building DeFi tools have no business being blamed for how they …
Botanix Labs has onboarded a couple of crypto industry heavyweights as node operators for its bitcoin layer-2 network. Mike Novogratz’s digital asset financial services firm Galaxy and crypto custody specialist Fireblocks are among 16 new node …
Bitlayer, a Bitcoin Layer 2 built on the BitVM paradigm, has partnered with three of the world’s largest bitcoin BTC$109,187.97 mining pools — Antpool, F2Pool, and SpiderPool — in a first-of-its-kind collaboration to accelerate the real-world …
Crypto infrastructure company Validation Cloud announced Tuesday the debut of Hedera-based AI engine Mavrik-1 that lets users and developers get DeFi market insights by asking queries in plain English. Despite DeFi’s promise in revolutionizing …
A tokenized version of a major private credit fund managed by Apollo will arrive on Solana’s SOL$165.06 decentralized finance (DeFi) ecosystem, bringing traditional financial instruments closer to the fast-growing network. The launch, orchestrated by …
Bitlayer, a bitcoin Layer 2 based on the BitVM paradigm, and Sui blockchain have teamed up to make bitcoin (BTC) more useful in the Sui ecosystem. The collaboration involves Sui integrating Bitlayer’s BitVM bridge to launch Peg-BTC (YBTC), a Bitcoin …
A Sei Network developer proposed to depreciate the blockchain’s Cosmos support on Wednesday in a bid to remove “unnecessary” complexity for users. The proposal, if successful, will make it so Sei users will only be able to send and receive …