Catalyzed by its growth in market cap and trading volume, decentralized finance (DeFi) has made a seat at the global traditional finance (TradFi) industry table. While DeFi was once thought of as …
MoreTag: DeFi news
Jihan Wu is optimistic about crypto market; he says “innovations like DeFi are breathtaking”
The overall cryptocurrency market has come a long way since the very beginning. In November, the total crypto market capitalization topped $3 trillion after recording spectacular gains earlier this year. …
More
SEC Commissioner: “DeFi projects have to address transparency and pseudonymity”
United States Securities and Exchange Commission Commissioner Caroline Crenshaw has highlighted the benefits of decentralized finance (DeFi) while warning of the dangers of failing to embrace a protective regulatory framework …
More
Institutions are dipping their toes into DeFi. What does it mean?
If you were in crypto in 2017, then you’re no doubt familiar with the “institutions are coming!” rallying cry that was shouted ad nauseam at every conference that year. On Twitter, crypto …
More
Value locked in DeFi grows 936% in one year, NFT sector strengthens
New research by analytics platform DappRadar has revealed the extent to which decentralized finance and nonfungible token (NFT) markets have grown this year. In its Sept. 30 “Value Flow Report”, …
More
Europe to become the world’s biggest cryptocurrency economy, thanks to DeFi
According to a recent Chainalysis report, Central, Northern, and Western Europe (CNWE) have become the biggest crypto economy in the world. Over the last year, the region has received over $1 …
More
DeFi aggregator matcha to launch gasless trading
The decentralized exchange aggregator Matcha announced the launch of an open public beta “Gasless Trading” feature that allows users to trade on Ethereum without paying transaction fees. Matcha, the decentralized …
More
Former Google scientist: “DeFi is the ‘American dream’ for all”
Form Google scientist and CEO of DeFi platform Cmorq, Hossein Azari has said the inclusivity feature of the decentralised finance sector equates to the ‘American dream’ for all. Speaking to Kitco News, …
More
The $600M PolyNetwork hacker ‘is ready to return the funds’
The drama with the largest DeFi hack worth more than $600 million has taken another turn. After the perpetrator dabbled with potentially allowing a DAO to decide where the funds …
More
Gary Gensler sounds alarm over growing DeFi activity, says SEC seeking to regulate crypto sector
US Securities and Exchange Commission chairman Gary Gensler reiterated his position on the burgeoning decentralized finance sector yesterday, calling for an increased overview of the space while signaling regulations were necessarily …
More