Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY

Anchor Protocol's Earn Rate Adjusts for the First Time From 19.4 to 18% APYFollowing the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project started, Anchor Protocol’s earn rate is now roughly 18% APY for […]

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US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust

US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance BustThe U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s 1st Enforcement Action Involving Decentralized Finance The SEC announced Friday that it has taken the […]

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