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SEC boss says DeFi platforms are ‘highly centralized’ and will need to register

SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote…

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Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume

Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours…

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Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism

On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism…

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