LSDs Gather Mojo as Euler Lists Staked ETH

News

• LSDs Gather Mojo as Euler Lists Staked ETH as Collateral
• Genesis Global Capital To File For Bankruptcy

Opinion

• Cross-Chain Messaging Can Blow Open Interoperability

Podcast

Video

• FTX’s Billions Detailed in Court Exhibit

DeFi Explainers

• What was Luna?

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News

Liquidity Staking

LSDs Gather Mojo as Euler Lists Staked ETH as Collateral

More Than $26M in cbETH Deposited on First Day of Listing

By Owen Fernau

In the clearest sign yet Ether-based derivatives are picking up momentum, Euler Finance on Wednesday listed cbETH, a staking instrument offered by Coinbase, as a collateral asset.

Read the full story in The Defiant

Crypto Bankruptcies

Genesis Global Capital To File For Bankruptcy

Crypto Lender Froze Client Assets in November

By Aleksandar Gilbert

More than two months after it froze customer assets, Genesis Global Capital is preparing to file for bankruptcy, according to Bloomberg.

Read the full story in The Defiant

Opinion

Interoperability

Cross-Chain Messaging Can Blow Open Interoperability

It’s Time to Move Away From Vulnerable Bridges

By Derek Yoo

We all know how important interoperability is for the growth of the blockchain ecosystem. The most promising interoperability technologies are cross-chain messaging protocols that allow smart contracts on different chains to communicate with each other without having to send the actual tokens between chains. This means applications work with any asset or service regardless of which blockchain it is on.

Read the full story in The Defiant

Defiant Video

Daily Defiant

FTX’s Billions Detailed in Court Exhibit

DeFi Explainers

What was Luna?

A Step-by-Step Guide to Why This Crypto Darling Failed and its Aftermath

By Rahul Nambiampurath

Last May, LUNA, the native token for the Terra ecosystem, was swept up in one of the most impactful failures in crypto. By some estimates, the collapse of Terra triggered $83 billion in losses.

Read the full explainer in The Defiant