Friday, September 30, 2022
Home > DeFi

Money Laundering via Metaverse, DeFi, NFTs Targeted by EU Lawmakers’ Latest Draft

DeFi, and the decentralized autonomous organizations (DAOs) that govern it, “should also be subject to Union [anti-money laundering / counter terrorist financing] rules where they are controlled directly or indirectly, including through smart contracts or voting protocols, by natural and legal persons,” the text said. Source

Read More

French Central Bank CBDC Projects Aim to Manage DeFi Liquidity, Settle Tokenized Assets

“A wholesale CBDC could significantly contribute to improving cross-border and cross-currency payments,” Governor Villeroy de Galhau said in an appearance at the French central bank's digital currency conference. CBDCs at the wholesale level attract less attention than their headline-grabbing retail equivalent, he added. Source

Read More

DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL

According to DeFi Llama, UwU Lend, a decentralized finance, or DeFi, protocol that acts as a money market on the Ethereum blockchain, has surpassed $50 million in total value locked (TVL). The non-custodial protocol was created by Michael Patryn, known by the pseudonym "Sifu," who was the co-founder of defunct

Read More

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57% – Defi Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Cryptox.trade News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than

Read More

Uniswap Foundation to Distribute $1.8 Million in Grants to 14 Recipients – Defi Bitcoin News

The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded to Uniswap Diamond, a

Read More