0x, a decentralized exchange infrastructure firm, announced the acquisition of rival Flood, a move the firm says will help it compete in the hyper competitive aggregation market. Decentralized…
After dYdX’s headline-making departure from Ethereum’s layer-2 ecosystem to its own standalone Cosmos-based chain, the crypto derivatives giant has been on a mission to prove that app-specific…
In the decentralized finance (DeFi) world, Fluid DEX — an emerging decentralized exchange — has drawn major attention. Liquidity providers (LPs) in its USDC-ETH pool have reported losses of up to $19…
Cryptocurrency analysis firm Alphractal claimed in its latest analysis that the decentralized finance (DeFi) space has strong bullish potential in the coming months. According to the analysis, the…
Flare has launched FAssets v1.1 on Songbird, a significant update aimed at scaling and expanding the utility of FXRP. This release introduces the Core Vault — a new mechanism that enhances capital…
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. This is Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech team. In this issue:…
The developers of leading decentralized derivatives protocol Synthetix have proposed to acquire Ethereum-based decentralized options platform Derive (formerly Lyra) for $27 million via a token swap…
Nasdaq-listed DeFi Development Corp, formerly known as Janover, continues to raise Solana (SOL). Following the tactic of MicroStrategy, the largest institutional Bitcoin bull, DeFi Development…
BTCFi, short for Bitcoin Decentralized Finance, refers to financial services like lending, borrowing, and trading that run on Bitcoin or its layers. These innovations aim to let you do more with your…
DeFi savings protocol Sky posted a first-quarter loss of $5 million after interest payments to token holders more than doubled, according to a report created by Sky contributors from Steakhouse…