Senate Democrats have proposed a suite of DeFi regulations meant to combat illicit finance.Outraged crypto attorneys say the proposal is a nonstarter.The dustup threatens to derail…
Browsing: DeFi
The native token of Aave AAVE$241.47, the largest decentralized crypto lending protocol, was caught in the middle of Friday’s crypto flash crash while the protocol proved…
A wave of heavy market activity on October 10 sent shockwaves through both traditional and digital markets, exposing the limits of major centralized crypto exchanges. The…
Cryptocurrency markets showed signs of consolidation in the second week of October, even as investors continued to bet on another “Uptober” rally to new highs.Also in…
Cardano founder Charles Hoskinson became the latest industry leader to criticize Senate Democrats’ leaked proposal to regulate decentralized finance. In a YouTube livestream, Charles Hoskinson reviewed the…
A confidential draft bill circulating among Senate Democrats proposes sweeping new oversight of DeFi, extending Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) duties to DeFi interfaces, validators, and…
The growth is being driven by rising liquidity on DeFi protocols like Suilend and Momentum.Sui, a layer 1 (L1) blockchain, reached a new all-time high in…
Despite DeFi’s maturity, its lending markets still exhibit significant inefficiencies. You deposit your crypto into a massive pool, and a borrower takes it out. That works,…
Despite previously supporting a crypto market structure bill, several Democratic Senators have reportedly introduced a counter-proposal that could see decentralized finance protocols placed on a “restricted…
The crypto industry is recoiling from a document reportedly outlining a U.S. Senate Democratic pitch on handling decentralized finance (DeFi) as a component of the wider…