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. Go to Source Powered by WPeMatico
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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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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 on Defi Regulation Federal Reserve Chairman Jerome Powell talked about the regulation of decentralized finance (defi) Tuesday during a panel discussion on digital finance hosted … Read more
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 the Polygon blockchain network. The application is currently for iOS users only and Robinhood is rolling out the beta version of the Web3 wallet to … Read more
DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
Michael Patryn was doxed earlier this year to be the co-founder behind DeFi project Wonderland, which collapsed shortly after. Go to Source Powered by WPeMatico
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 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading … Read more
Crypto gaming sucks — but devs can fix it
Crypto gaming isn’t working. Developers need to focus more on more on fundamentals and less on cosmetics in order to fix it. Go to Source Powered by WPeMatico