Tezos co-founder Arthur Breitman discusses the untapped potential of DeFi

Arthur Breitman, the co-founder of Layer 1 protocol Tezos, spoke with Cointelegraph’s Jackson DuMont at the Paris Blockchain Week Summit (PBWS) last week about what it will take to unlock decentralized finance, or DeFi’s true potential. Brietman delivered a keynote speech following this interview about the company’s strategy. Related: Paris Blockchain Week, April 14: Latest updates […]

Near-Based Defi Protocol Bastion to Launch $BSTN Token at a $180M Valuation

Bastion’s rapid growth comes as the core pieces of DeFi infrastructure are being built out on Near. Near, which boasts fewer projects than competing layer 1s such as Ethereum, Avalanche, Solana or Luna, has yet to see a DeFi project hit the $1 billion TVL milestone. Source link

DeFi token AAVE eyes 40% rally in May but ‘bull trap’ risks remain

A sharp rebound move witnessed in the Aave (AAVE) market in the last three days has raised its potential to rise further in May, a technical indicator suggests. AAVE price rebounds from key support Dubbed a “rising wedge,” the pattern appears when the price rises inside a range defined by two ascending, contracting trendlines. It […]

The many layers of crypto staking in the DeFi ecosystem

Staking has been used fluently to describe several actions within the world of crypto, from locking your tokens on a decentralized finance (DeFi) application or centralized exchange (CEX) to using tokens to run a validator node infrastructure on a proof-of-stake (PoS) network. PoS is one of the most popular mechanisms that allows blockchains to validate […]

Solana DeFi Protocol Delta One Raises $9.1M to Offer Crypto Yield Farming

“You have this market neutral exposure, so you can ‘set and forget’ your position. You don’t need to worry about ‘Oh, the price is constantly changing.’ It’s not really reflecting the price too much,” Delta One co-founder Paul Sengh told CoinDesk in an interview. Source link

IMF global financial stability report sees complex roles for cryptocurrency, DeFi

According to the International Monetary Fund’s Global Financial Stability report released Tuesday, the war in Ukraine — following hard on the heels of the coronavirus pandemic — has led to a tightening of global financial conditions. Rapid changes in fintech and the uses and misuses of cryptocurrency play into the jumble of challenges facing the […]

Framework Ventures Launches $400M Fund to Back Web 3 Gaming, DeFi

“Founders understand our cultural influence in the space because our affiliate, Framework Labs, has spent the last three years building alongside them, running nodes, participating in on-chain governance, building tools, staking and more,” said Spencer in the press release. “We believe we’re well-positioned to outperform our competitors, including the Sand Hill set that is only […]