The judge showed rare understanding of DeFi technology and stated the defendants would do better to address their complaints to Congress.
DYdX to unlock 6.52M tokens worth $14M for community treasury, rewards
Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury, which funds contributor grants, community initiatives and liquidity mining, among other programs.
Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth
Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.
Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains.
Base’s largest DEX LeetSwap halts trading amid exploit concerns
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000.
Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO Charles d’Haussy
CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX.
A New Uniswap Feature Aims to Eliminate DeFi Pain Points
UniswapX, announced at EthCC in Paris, offers better prices by aggregating liquidity sources, gas-free swaps, and protection against MEV.
DeepBook Brings Centralized-Style Orders for Decentralized Finance on Sui Network
Layer-1 blockchain Sui announced the release of DeepBook, a decentralized central limit order book (CLOB) that will support all applications built on the network.
Arbitrum-based Rodeo Finance exploited for second time, $1.5M stolen
The exploiter manipulated price oracles to gain the upper hand on trades executed using the manipulated price.
Uniswap’s Hayden Adams: Q&A on Weathering the Regulatory Storm, What’s Next for DeFi
After the recent release of a proposal for a new “v4” version of the decentralized exchange Uniswap, CoinDesk’s Sam Kessler chats with Uniswap Labs CEO Hayden Adams about the case that DeFi is “here to stay” and his position that the U.S. “lags behind” on crypto regulation.
Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules,” said Paul Grewal.
Uniswap releases version 4 code, allowing for new types of liquidity pools
The new version features “hooks” that will allow for more customized options, but it will not be implemented until more feedback is obtained from the community.
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
DEXes are not securities exchanges argues crypto venture firm Paradigm.
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days.
Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade
Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol.
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments.
Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
Volumes at Synthetix surpassed its nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag.
0x Releases Latest Version of DEX Aggregator Matcha
Exchange infrastructure provider 0x released Wednesday its newest iteration of Matcha, a decentralized exchange (DEX) aggregator, which incorporates several features focused on enhancing the trading experience for users.
Uniswap will deploy on Polkadot parachain Moonbeam
The decentralized exchange gets a Polkadot version via the Moonbeam network.
Weekly DEX Volume on BNB Chain Hits Highest in a Year
Lower fees and Binance’s popularity are among the reasons noted by market analysts.