DeFi will survive efforts to make it a walled garden — Fold CEO

DeFi will survive efforts to make it a walled garden — Fold CEO

Permissionless financial protocols will survive government and corporate efforts to impose traditional financial controls on DeFi. Decentralized finance (DeFi) protocols will survive government and corporate efforts to impose traditional financial regulations designed to create a walled garden of permissioned digital systems, according to Will Reeves, CEO and co-founder of Bitcoin (BTC) rewards company Fold.  Reeves…

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Arcadia Finance users reimbursed by DeFi hack insurance

Arcadia Finance users reimbursed by DeFi hack insurance

Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base. Crypto-native insurance service Nexus Mutual reimbursed its customers who had lost money in the recent Arcadia Finance hack. According to a Monday announcement shared with Cointelegraph, Nexus Mutual reimbursed approximately $250,000 to users who lost…

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Ethereum and the battle for yield: What is ETH’s future?

Ethereum and the battle for yield: What is ETH’s future?

Ethereum staking yields are falling as yield-bearing stablecoins and DeFi protocols offer more competitive returns. Can ETH regain the upper hand in the yield wars? Key takeaways Ethereum’s staking yield dropped under 3%, putting it behind many DeFi and RWA protocols. Yield-bearing stablecoins like sUSDe and SyrupUSDC now offer 4–6.5% returns and are rapidly gaining…

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Retail is back, but not where you think — Bitget COO

Retail is back, but not where you think — Bitget COO

Vugar Usi Zade dispelled the myth that retail investors are no longer interested in Bitcoin and cryptocurrency. Despite the widespread belief that retail investors have exited the cryptocurrency space, that’s not the case. According to Vugar Usi Zade, chief operating officer of Bitget, they’ve simply changed their approach. In an interview with Cointelegraph at the…

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