NEXO risks 50% drop due to regulatory pressure and investor concerns
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify.
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The ‘Brussels Effect’ wields real influence over US crypto regulation
The European Union is leading the way when it comes to global cryptocurrency regulations.
Maple Finance CEO: Separating risk from lending saved DeFi from market crash
DeFi crypto lending has operated as intended through the crypto winter because transparency kept it in line and business activities were siloed, according to Maple Finance’s Sid Powell.
Fed’s Powell: DeFi needs appropriate regulation before expanding to retail
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.
Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway
Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore.
Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed Chair Jerome Powell…
Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon
The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports…
Alcala Resumes Operations After Printing Over $3 Billion in Stablecoins by Mistake
Some blockchain projects have to deal with hackers, and others, like Alcala, have to deal with their own developers. A “human error” a few weeks ago almost killed the whole…
DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
Michael Patryn was doxed earlier this year for being the co-founder behind the DeFi project Wonderland, which collapsed shortly after.
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95…
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