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Decentralized Finance News

SeSwap project accused of fraud
CertiK Alert has accused the SeSwap project of fraud, as the project administrator has deleted his Twitter account and stopped all activity on other social media platforms. It seems that this supposedly safe decentralised exchange for trading digital assets is nothing more than a fraud. Moreover, ...
DeFi must comply with the requirements of the US authorities
Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam stressed that decentralised finance (DeFi) must comply with US authorities. He warned that any projects that provide services to customers in the US and violate local laws would be prosecuted by US authorities. There is still ...
German start-up to introduce first regulated DeFi-bank in Europe
German start-up Unstoppable Finance will introduce the first regulated DeFi-bank in Europe, as well as its own cryptocurrency - stablecoin. This stablecoin will be fully compliant with European Union (EU) MICA regulations. Peter Grosskopf, co-founder and CEO of Unstoppable Finance, stressed that ...
Lido Finance announced the introduction of a second version of the protocol
Liquid-stacking platform Lido Finance announced the introduction of a second version of the protocol on May 15, following a three-day vote on a related proposal. Thanks to Lido V2, users will be able to return stETH for Ethereum. At the initial stage, almost 270,000 ETH is available in the ...
The US Treasury Department announced its intention to strengthen regulation of the DeFi sector
The US Treasury Department has announced its intention to strengthen regulation of the decentralised finance (DeFi) sector following a risk assessment. The agency will assess whether anti-money laundering and counter-terrorist financing (AML/CFT) rules apply to the DeFi sector and will also monitor ...
The FSB aim is to eliminate any potential dangers associated with the DeFi sector
The Financial Stability Board (FSB) said it will work with other legislators and international developers of financial standards to assess the need to regulate the decentralised finance (DeFi) sector in various jurisdictions. The FSB issued a statement highlighting the need to explore methods for ...
Nomura subsidiary made an important investment in Infiniti Exchange
Nomura's subsidiary, Laser Digital, which specialises in digital assets, has made an important investment in Infiniti Exchange, an institutional-level start-up working with decentralised finance (DeFi) protocols. So far, no details of the agreement or the price of the project have been disclosed. ...
Rand Gallery, the largest NFT marketplace, acquired data aggregator NFT Explorer
Rand Gallery, a major player in the world of Algorand blockchain-based NFT marketplaces, has just completed the acquisition of data aggregator NFT Explorer. With this purchase, they have gained control of the 'full NFT stack' and are now making moves to become the entry point for all forms of NFT - ...
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