SEC’s DeFi Rulemaking Do-Over Falls Short
SEC’s DeFi Rulemaking Do-Over Falls Short Source
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DeFi
Attacker drains $800K from DeFi protocol Sturdy Finance
Decentralized finance (DeFi) protocol Sturdy Finance has lost 442 Ether (ETH), worth almost $800,000 when writing, to a security exploit. The attacker exploited a vulnerability that eventually manipulated a faulty price oracle, allowing them to drain funds from the protocol. On June 12, blockchain security firm PeckShield alerted Sturdy Finance and
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SEC charges against Binance and Coinbase are terrible for DeFi
The allegations against Binance and Coinbase by the U.S. Securities and Exchange Commission have substantial ramifications for the decentralized finance (DeFi) ecosystem, and they are far from positive. DeFi has developed as a promising area within the crypto industry, aiming to disrupt established financial systems and deliver financial services in
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Real-world asset protocols outperform DeFi blue chips due to tokenization wave
Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles.An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and government bonds to real estate and commodities. They are also known as asset tokenization protocols.DeFi
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DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The United States Securities and Exchange Commission’s (SEC) lawsuits against two leading centralized crypto exchanges — Binance.US and Coinbase — have led to
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Why Regulators Must Understand, Not Police, DeFi
Yet, for the subsector to continue to grow, attract capital and become a trusted way to conduct business, DeFi will need to comply with various governments’ regulatory requirements, agreed most participants in closed-door roundtable discussions at Consensus 2023. Original Source
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MetaMask and Fireblocks join forces to offer institutional investors secure defi
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MetaMask Institutional and Fireblocks have joined forces to offer institutional investors and blockchain developers a solution for secure defi and web3 access, combining wallet security, portfolio management, and connectivity to thousands of decentralized applications. Enabling secure web3
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DeFi Protocol Curve Finance Now Lets Users Mint crvUSD for Staked Ether
The governance proposal for the crvUSD minting was passed early on Thursday. Source
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Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
Crypto lending has become an essential part of decentralized finance (DeFi), allowing people to lend and borrow digital assets via specifically designed protocols. With crypto lending, users can lock their crypto assets as collateral and then borrow a fiat or stablecoin loan. Instead of traditional intermediaries, like banks and credit
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US federal court dismisses lawsuit against DeFi platform PoolTogether
A United States judge recently dismissed a lawsuit against the decentralized finance (DeFi) platform PoolTogether. According to the ruling, the federal court system is not the correct place to air concerns against the DeFi startup. CASE DISMISSED!!!!https://t.co/HDApQZe3Sx pic.twitter.com/SjcDnMnLIV— Leighton (@lay2000lbs) June 7, 2023 U.S. district court Judge Frederic Block said that
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