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Alpaca Finance, Leveraged Yield Giant on BNB Chain, Will Shut Down

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and...

Private Equity Giant Apollo Global Private Credit Fund Set for Tokenization on Solana (SOL)

A tokenized version of a major private credit fund managed by Apollo will arrive on Solana’s decentralized finance (DeFi) ecosystem, bringing traditional...

True Markets Raises $11M Series A, Launches Mobile-First DeFi Trading App on Solana

True Markets, a new decentralized finance (DeFi) trading platform focused on stablecoin-native execution, has launched its mobile app on Solana and closed an...

The Protocol: Lido Avoids Major Hack

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,...

Synthetix Considers Proposal to Buy Options Platform Derive in $27M Token-Swap Deal

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and...

DeFi Savings Protocol Sky Slumps to $5M Q1 Loss as ‘Savings Rate’ Erases Profit

DeFi savings protocol Sky posted a first-quarter loss of $5 million after interest payments to token holders more than doubled, according to a...

Morgan Stanley (MS) Crypto Chief Andrew Peel Exits to Launch DeFi Fund in Switzerland

Andrew Peel has left his role as Morgan Stanley’s (MS) head of digital asset markets to launch a crypto investment and tech firm...

Rootstock Boosts Hashrate Share to 81% of Bitcoin Blockchain’s Total: Messari

Decentralized finance (DeFi) on the Bitcoin blockchain may still be in its infancy relative to Ethereum, but Bitcoin DeFi (BTCFi) is becoming safer...

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