DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom

Nexus Mutual is maxed out covering the risks associated with decentralized finance (DeFi) platforms. “Our product has honestly seen massive interest since yield farming kicked off,” Nexus Mutual founder Hugh Karp told CoinDesk in an email. “With potential yields being so lucrative many users are looking to protect themselves against the risk of smart contract […]

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Why Bitcoin Bulls Are Betting on Explosive Growth in India

When India’s Supreme Court overturned the banking restrictions for crypto exchanges back in March, everything changed.  Since then, Binance joined the Internet and Mobile Association of India (IAMAI), which played a key role in overturning the ban, and noted explosive growth via WazirX, the Indian exchange Binance acquired in 2019. A WazirX spokesperson told CoinDesk […]

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Blockchain Tech Vendor Bison Trails Adds Ethereum 2.0 Support

Blockchain technology firm Bison Trails announced its support for features of Eth2 ahead of Ethereum’s planned upgrade.  Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which […]

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