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Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DefiLlama.

ALSO: Asia-Based Traders Push Bitcoin Past $30K

The market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival, Tron.

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another.

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.

The exploiter will retain 20% of the stolen funds as a bug bounty.

Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.