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SEC intensifies scrutiny on DeFi, sparking concerns over innovation and competition

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Securities and Exchange Commission is taking a closer look at decentralized finance (DeFi), raising concerns about the potential stifling of innovation and competition within the rapidly evolving industry. The United States SEC is increasing its focus on the cryptocurrency […]
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Hacked DeFi platform, Euler Finance releases funds redemption details 

Ethereum (ETH)-based decentralized finance (DeFi) protocol, Euler Finance has released the token redemption plan for users affected by the flashloan attack it suffered last month.   Euler Finance users to get reimbursed  After successfully recovering nearly all the stolen funds from the bad actors that orchestrated a flash loan attack on its DeFi lending and borrowing […]
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US Treasury warns DeFi poses a threat to national security

The U.S. Department of Treasury issued a stark warning, stating that the rise of decentralized cryptocurrency markets poses a significant threat to national security, with concerns ranging from illicit activities to financial stability risks. The U.S. Department of Treasury (DoT) recently released a statement expressing concern over the impact of decentralized cryptocurrency markets on national […]
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Dexfreight has technology to bring real-world assets to Rootstock DeFi

dexFreight, a blockchain-based logistics platform, partnered with Rootstock, a Bitcoin layer-2 sidechain, to leverage the power of smart contracts, offering efficient logistics services. The platform was recently granted a United States Patent and Trademark Office (USPTO) patent for its supply chain design. Logistics with NFT collateralization dexFreight aims to revolutionize the logistics industry by creating […]
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