Apart from considering the benefits of wholesale CBDCs, Villeroy de Galhau notes that the central bank is also looking to improve CBDCs' liquidity management in DeFi using automated market makers.
James Powell, backed by prominent financial regulators, highlights the need to enforce appropriate directives to deal with "issues" concerning DeFi before they snowball and create a big mess.
Following rigorous planning and preparation, investment bank Nomura has entered the digital asset industry under a newly formed arm, focusing on trading, venture capital, and investment products.
South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had fled to Singapore.
Ethereum's scalability efforts hang in the balance as the countdown begins for 'The Merge,' while observers worry that the network upgrade will face hurdles on censorship and centralization.
DappRadar’s August report found that gaming made up 51% of all blockchain activity, but it found that the total value locked in DeFi has shrunk 70% this year alone.
FBI warns investors to beware of DeFi vulnerabilities such as flash loans that target smart contracts, verification issues, and manipulation of price pairs.
Babylon Finance launched in 2021 and promised "democratization of investing" in assets previously inaccessible to most due to regulation and jurisdiction.
The platform will deploy blockchain and smart contracts in asset custody, currency exchange, and alternative investment financial services and would work similar to liquidity pools on DeFi protocols.
Singapore is taking active steps to understand the digital assets market by gaining insights from industry entities as it seeks regulations to curb the risks associated with digital exchanges.
Joshua Henslee empathizes with people who have put their lives promoting the 'decentralized' vision, saying that it's going to be incredibly difficult for them to accept what's coming.