Singapore launches first industry pilot for digital assets and decentralized finance
Dubbed Project Guardian, MAS is hoping to leverage DeFi to improve the securities sector as it increasingly leans towards distributed ledger technology (DLT).
Latest decentralized finance News
BSV doesn’t need exchanges
Contrary to popular belief, being listed on centralized exchanges does not make a coin or token in demand, desirable or increase in price.
FTX’s Sam Bankman-Fried pens ‘Crypto Regulation for Dummies’
SBF recently tweeted his "thoughts on crypto regulation" alongside a more detailed set of Possible Digital Asset Industry Standards posted to the policy page of the FTX.US.
Mango Markets investors lose $100M in latest DeFi debacle
This latest theft, resulting from deliberate manipulation of price mechanisms, again raises questions about the viability of DeFi among serious investors, and what action could be taken to recover funds.
EU puts DeFi on notice, revives stablecoin transaction cap
The European Union is bracing for another wave of measures in the digital asset sector as Parliament mulls tougher laws for DeFi platforms and Web3 firms to boost its anti-money laundering campaign.
French central bank to explore wholesale CBDCs and utility of tokenized bonds
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.
Fed chair says DeFi isn’t transparent enough
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.
Japan’s Nomura embraces digital assets in Switzerland after months of experimentation
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 prosecutors chasing Do Kwon, while exchanges still trade his tokens
South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had fled to Singapore.
Grab your popcorn, Ethereum is about to do ‘The Merge’
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.
Gaming dominates blockchain usage as DeFi crumbles: report
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 issues warning over DeFi vulnerabilities
FBI warns investors to beware of DeFi vulnerabilities such as flash loans that target smart contracts, verification issues, and manipulation of price pairs.