Hayes Goes Big on GMX
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News
- NY Orders Paxos to Cease Issuing Binance USD
- Institutional Investors Eyeing Return to DeFi: Survey
- Flux Finance Enables Borrowing Against Tokenized Treasury Bonds
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News
The Defiant Interview
Hayes Shares Why He Loves GMX and Is Bullish on DeFi
Crypto Investor is No. 1 Individual Investor in Yield-generating Token
By Samuel Haig
Arthur Hayes, the co-founder and onetime CEO of the centralized derivatives exchange BitMEX, believes that both CeFi and DeFi are here to stay, and he’s putting his money where his mouth is.
Read the full story in The Defiant
Crypto Crackdown
NY Orders Paxos to Cease Issuing Binance USD
CZ Says Paxos Will Service BUSD to Manage Redemptions
By Samuel Haig
The U.S.-based stablecoin company Paxos will stop issuing the Binance USD after facing pressure from regulators, Binance, the largest centralized crypto exchange, said on Monday.
Read the full story in The Defiant
Investor Sentiment
Institutional Investors Eyeing Return to DeFi: Survey
Adoption of DeFi Poised to Rise in Wake of CeFi Failures, Study Finds
By Samuel Haig
For all the fire and brimstone of 2022, well-heeled investors are still looking to make a killing in crypto. Only they are now focusing on DeFi.
Read the full story in The Defiant
DeFi Lending
Flux Finance Enables Borrowing Against Tokenized Treasury Bonds
DeFi Lending Protocol Attracts Over $10M In Stablecoins In Five Days Since Launch
By Owen Fernau
Tokenized U.S. Treasury bonds may soon see increased DeFi utility after being listed as a collateral asset on a new lending protocol.
Read the full story in The Defiant
Market Action
Crypto Markets Falter Amid Latest Regulatory Crackdown
Liquid Staking Sector Pulls Back After Meteoric Run; Liquity Pops 45%
Digital assets took a beating to start the week, with major tokens falling after U.S. regulators’ latest crackdown on crypto.
Read the full story in The Defiant
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