Coindesk

The Protocol: ‘Private Jet Brandization’ Is One Way Polkadot Burnt Cash

Crypto twitterati showed no mercy as Polkadot published a transparency report detailing spending on $87 million of DOT tokens – a lot of it on marketing. PLUS blockchain tech news and project highlights from the past week.Source link

Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures

The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.Source link

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.Source link

Biden’s Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times Report

Biden's Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times ReportSource link

Insurance Is the Silent DeFi Guardian

There is a long history of insurers helping to reduce industrial risks, from cars to buildings. They can play a similar role now in DeFi, where a lack of regulation stifles growth, says Q Rasi, co-founder of Lindy Labs.Source link