Decentralized Finance

November 30, 2023

DeFi could solve Africa’s foreign exchange problems, neobank CEO says

The CEO and co-founder of neobank Canza Finance claims that utilizing Baki for foreign exchange trades in Africa creates a hub for African businesses to participate […]
November 07, 2023

Crypto data platform Glassnode sells Bitcoin tax software to Blockpit

After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings.   Cryptocurrency analytics company […]
October 13, 2023

French regulator sees DeFi as ‘disintermediated,’ not ‘decentralized’

The Autorité de Contrôle Prudentiel et de Résolution concluded its consultation on the regulation of DeFi.   On October 12, the Autorité de Contrôle Prudentiel et […]
October 12, 2023

Decentralized finance yet to pose ‘meaningful risk’ to stability — EU regulator

The European Securities and Markets Authority argued that DeFi was still too small to pose any sizeable risks to overall financial stability, but should be monitored. […]
September 08, 2023

CTFC cracks down on DeFi protocols Opyn, ZeroEx and Deridex

The commodities regulator handed out fines of $250,000, $200,000, and $100,000, respectively, to the three firms in addition to cease and desist orders.   The United […]
September 04, 2023

Binance CEO CZ forecasts DeFi outgrowing CeFi in the next Bull Run

Changpeng “CZ” Zhao declares that the cryptocurrency industry will only become better as it becomes more decentralized.   Changpeng “CZ” Zhao, CEO of Binance, foresees decentralized […]
August 28, 2023

Balancer exploited in nearly $900k after vulnerability warning

DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools.   Balancer, the decentralized finance (DeFi) protocol and Ethereum […]
July 25, 2023

Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses

The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges.   Connext, a […]
July 21, 2023

Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill

Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology.   On July 20, crypto industry advocacy bodies, Coin […]

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