Genius Yield raises $118M via ISPO in first 48 hours
The initial stake pool offering has seen significant uptake, with one of the four GENS pools being nearly fully committed in just two days.
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Finance Redefined: 83% of 7-figure Millennials own crypto, Sen. Warren criticizes DeFi, Dec. 10–17
A new study finds that more than 80% of millionaire youths hold digital assets, Senator Warren attacks stablecoins, and billions are locked in the Eth2 contract.
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the…
YFI price gains 46% in just four days after Yearn Finance’s $7.5M buyback
Its "decentralized" Treasury has more than $45 million and would pursue similar YFI buybacks in the future.
Wall Street financial advisor LionTree explores crypto payments
Financial advisory group LionTree has been a part of some of the most prominent Wall Street acquisitions and IPOs.
1inch Releases Limit Order Protocol v2, Improves ETH Token Swap Efficiency
The popular decentralized exchange 1inch announced that the second version of its limit order protocol is now live. One of the most prominent features that the project outlined is allowing…
US Senator Says Defi Is the Most Dangerous Part of Crypto – Urges Regulators to Clamp Down Before It’s Too Late
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of…
Circle’s USDC Goes Live on Avalanche to Empower the DeFi Ecosystem
Digital payments company Circle has announced the launch of its stablecoin USDC on Avalanche. The main objective behind the stablecoin’s deployment is to enable developers and communities to engage with…
‘DeFi is the most dangerous part of the crypto world,’ says Senator Elizabeth Warren
The U.S. lawmaker claimed that the value of stablecoins would "take a nosedive," with small investors largely feeling the effects of a potential downturn.
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