Cointime

# DeFi

ALL From DeFi

“By embracing knowledge and lessons from others, one can refine oneself”,Can Bitcoin Hashrate NFTs Break the DeFi Deadlock?

The article discusses the challenges in the DeFi market and introduces Merlin Protocol's solution of tokenizing Bitcoin hashrate to provide value support. The protocol's highlights include revenue prediction, risk control, multi-chain support, hashrate binding, and decentralized leasing.

iZUMi is laying the groundwork for the next phase of DeFi's mainstream narrative with its highly liquid supply solution.

iZUMI is a multi-chain DeFi protocol offering liquidity products like LiquidBox, iZiswap, and iUSD. It focuses on user experience, higher capital efficiency, and supports limit orders.

Equilibria partners with Frax Finance to revolutionize stablecoins and DeFi ecosystem

Equilibria, a premier blockchain platform, has announced a partnership with Frax Finance, an innovative decentralized finance (DeFi) company. Frax Finance is well-known for its suite of services, including stablecoin, liquidity provision, and lending markets, and is expected to revolutionize the stablecoin landscape. As part of the collaboration, Frax Finance has launched the sfrxETH pool on Pendle (ETH), offering an impressive Annual Percentage Yield (APY) of 15.4%. Equilibria's native token, vlEQB, allows the Frax community to vote for the sfrxETH pool, resulting in a boost in APY. Equilibria will also perform an airdrop of EQB tokens to veFXS shakers to recognize and reward the contributions of the Frax community. The collaboration between Equilibria and Frax Finance aims to push the frontiers of innovation in the DeFi industry and develop a more robust ecosystem.

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

According to a report by blockchain intel firm TRM Labs, crypto hacks have decreased by 70% in Q1 of 2023 compared to the same period last year. The average hack size has also reduced from $30 million in 2022 to $10.5 million this year. Additionally, hackers are increasingly returning stolen funds and settling for "white hat" rewards from exploited projects. This could be due to increasing regulatory attention on crypto hacks and high-profile enforcement cases, making it harder for hackers to cash out stolen coins. DeFi protocols remain attackers' favorite target, accounting for 82% of all crypto stolen in 2022 according to Chainalysis.

STAR DUKE: Can a Strong DeFi Model Unlock the Prosperity of GameFi?

Star Duke is a blockchain game that combines DeFi and NFTs to create a unique Play-to-Earn (P2E) metaverse.Overall, Star Duke offers an immersive DeFi-powered gaming experience with a focus on sustainability and community involvement.

Themis Pro: The Evolution of DeFi

In this article the author introduced Themis Pro. Themis Pro offers significant market opportunities. Its unique operating model, the Themis Treasury Fund Pool, along with the asset adjustment mechanism, provides advantages in spot and derivative trading.

Why Ethereum is so dominant — and why it’s not going anywhere

Ethereum's dominance in the DeFi market has decreased from 90% in January 2021 to 49% in April 2022, but it still accounts for two-thirds of the value locked in DeFi. Interest in alternative blockchains has diminished due to rising rates, regulation, and improvements to Ethereum. Ethereum's rollups, or layer 2 blockchains, such as Arbitrum and Optimism, offer users access to Ethereum's security and decentralization at a fraction of the price. Alternative blockchains face a liquidity problem as users prefer native assets and Ethereum's network effects make it more attractive for new users.

Code is not speech: ‘Wild theories’ won’t protect DeFi developer Alexey Pertsev

The argument that "code is speech" and therefore protected under the First Amendment does not hold up in court, according to a legal paper by Kyle Langvardt, assistant professor of law at the University of Nebraska College of Law. Langvardt argues that the concept is being used to protect crypto businesses from regulation and that these arguments are "badly out of step with First Amendment case law and probably worthless in court." The paper comes as Tornado Cash developer Alexey Pertsev faces charges of facilitating the laundering of billions of dollars, with privacy advocates rushing to his defense using the "code is speech" argument. Langvardt says these arguments could help firms sidestep regulation and even debase the First Amendment.