contributor Posted: September 8, 2023 The CFTC charged three firms with illegally offering leveraged and margined retail commodity transactions involving digital assets. Critics have voiced their concerns over the CFTC’s enforcement actions. The United States Commodity Futures Trading Commission [CFTC] has taken significant regulatory action against three decentralized finance [DeFi] protocols for their alleged failure …
DeFi TVL marked a 70% downfall from the peak witnessed during December 2021. The technology began to evolve in accordance with the realities of contemporary market dynamics. There is little doubt in admitting that decentralized finance (DeFi) has proved to be a vanguard of financial revolution in the new decade. The emergence of blockchain technologies, …
DeFi winter freezes TVL growth, but the road ahead could be better Read More »
Private banks Kapital Bank and Ravnaq Bank gained approval to issue crypto cards. The crypto cards are meant to integrate traditional banking services with direct crypto exchange access. Uzbekistan has granted approval to private banks Kapital Bank and Ravnaq Bank to issue crypto cards as part of the digital sandbox for crypto regulation overseen by …
Uzbekistan banks to issue crypto cards merging TradFi and DeFi Read More »
Real World Assets sector in the DeFi markets started to see growth. The TVL on Avalanche continued to decline, however DEX volumes remained consistent. The DeFi sector, over the last few months, has taken a massive hit. However, a few verticals in the sector, such as Real World Assets (RWA), have witnessed tremendous growth despite …
Here’s how Avalanche could make progress in the DeFi sector Read More »
Solana’s NFT ecosystem registered growth last month in terms of sales. SOL was down by over 9% and market indicators suggested a further downtrend. Over the last month, Solana [SOL] has witnessed growth in its DeFi space as the blockchain’s TVL went up. Solana Daily’s tweet also pointed out the top Solana dApps by incoming …
Why Solana’s flourishing DeFi space might not bear fruit for investors Read More »
LSTs beat ETH to become the largest collateral asset on Aave lending protocol. Lido’s domination remained unrivalled, but other players enhanced their game. Ethereum’s [ETH] Shapella upgrade, apart from providing a fillip to staking, has unlocked new doors of opportunities for Liquid staking tokens (LST). Realistic or not, here’s LDO’s market cap in BTC’s terms The …
Can Liquid staking tokens become the next big thing in DeFi? Read More »