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Daily Defi News from Across the Web

Daily Defi News from Across the Web

BlockFi Is in Regulators’ Crosshairs. DeFi Is Next

In the last couple of days, embattled cryptofinance company BlockFi has been hit with cease and desist notices from three different state regulators for its BlockFi Interest Account, or “BIA,” product –... Read more »

Index Coop, Bankless DAO Team Up to Launch New Crypto Index

Index Cooperative, the decentralized autonomous organization (DAO) behind tokens like the DeFi Pulse Index, has partnered with another DAO, Bankless, to launch a new crypto token called the BED index. First proposed... Read more »

NCUA Publishes Request for Information on DLT, DeFi

The National Credit Union Administration (NCUA) is formally looking for more information about how the financial institutions it regulates can interact with the crypto industry. The NCUA published a request for information... Read more »
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Chainlink Integration Looks to Catalyze DeFi Development on Avalanche

Avalanche, a faster, cheaper alternative to Ethereum, has incorporated data feeds from Chainlink, the market-leading blockchain oracle. Smart contracts with external data piped in, such as price feeds, are powering a growing... Read more »
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PolyCrystal on Polygon Raises the Bar for Yield Farms

PolyCrystal partners with Polyroll, FarmHero, and ApeTools PolyCrystal, one of the newest decentralized yield farming opportunities on the Polygon blockchain, has announced several key partnerships in the past couple of weeks. Not... Read more »
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Japanese Regulator Likely to Create New DeFi, NFT & CBDC Regulations

Source: Adobe/Blue Planet Studio Japan’s top financial regulator, the Financial Services Agency (FSA), could be set to introduce new laws to police decentralized finance (DeFi)-related projects operating in the nation – with... Read more »
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DeFi Isn’t Better Than TradFi if People Can’t Use It | Ann Brody

I am on a Zoom call with a woman from Shiraz, Iran, who is currently working as a freelance designer and is running a course that educates local populations on the fundamentals... Read more »
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MakerDAO Moves to Full Decentralization; Maker Foundation to Close in ‘Months’

The original decentralized finance (DeFi) protocol started out decentralized and to decentralization it will return. The Maker Foundation has announced it is turning over operations entirely to its decentralized autonomous organization (DAO),... Read more »
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DeFi Derivatives Protocol Vega Raises $43M in CoinList Token Sale

Decentralized derivatives trading protocol Vega raised $43 million in a community token sale on CoinList, it said Tuesday.  The Gibraltar-based project, which launched in 2019 and is expected to go live for... Read more »
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Blockchain or Blockbuster? The Choice | Jerald David

Looking back at industries that have been disrupted by the introduction of new technology – media, e-commerce, travel – the transformation has affected virtually every aspect of that industry, from consumer behavior... Read more »

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