Acala, the Ethereum-compatible DeFi and liquidity hub of Polkadot, has launched Liquid Crowdloan DOT (lcDOT) ahead of its upcoming crowdloan event. The product joins Acala’s suite of derivative products including its recently launched KSM Liquid Staking product (LKSM), now available on Karura, as well as DOT Liquid Staking (LDOT), which will launch on Acala.

Bitcoin in decentralized finance has been surging since speculation strengthened that the U.S. Securities and Exchange Commission would finally approve an exchange-traded fund to invest in the world’s largest cryptocurrency. BTC deposited into Ethereum’s DeFi ecosystem as shown on DeFi Pulse’s “Bitcoin at Work” page, jumped 2% to 284,331 BTC since Oct. 14, when one…

Binance customers make erroneous deposits about 800 times a day, according to a spokesperson for the company. Mistaken deposits occur when a user indicates they are going to send one kind of token to an address but sends another. Some are completely irrecoverable. Other times it might be recoverable, such as when a user indicates…

For an industry that has decentralization in its very name, DeFi’s reliance on centralized stablecoins remains an Achilles’ heel, making it an easy target for overzealous regulators.

They came out of nowhere… the Mekaverse robots. Looking like metallic insects and inspired by the Japanese robots of sci-fi legend, the project’s NFTs rapidly invaded OpenSea’s charts and conquered all before them. But they did backslide in the days since the reveal. In a vivid example of the volatility in the NFT space, Mekaverse’s…

We’re chatting with the founders of today’s top AMMs about one of the core infrastructure pieces making up decentralized finance.

Axie Infinity has just under $2.5B of its governance token, staked on its Ronin sidechain. That’s more than a quarter of AXS’s total circulating supply.

Things aren’t getting easier for those struggling to stay current with the lightning quick DeFi space. Just when you think you’re up to speed with the latest token or protocol along comes something new. Brace yourselves because here comes DeFi 2.0. What that term actually means is still in flux. While DeFi 2.0’s meaning is…

When decentralized exchanges started to take off in 2019, the designs were very simple, but simplicity in these marketplaces might soon be a distant memory. The most successful category of decentralized exchanges are the automated market makers (AMMs), such as Uniswap and Curve. The Cowri Labs team, builders of the Shell Protocol, a small AMM…