A key congressional committee on Wednesday advanced a bipartisan bill that aims to regulating cryptocurrencies.
DeFi
The last few years have seen the words blockchain, web 3, and decentralization thrown around like potatoes in a food fight. Everywhere on the internet, you go, people are touting the merits of decentralized finance, business, and information infrastructure. The future is decentralized in the eyes of many entrepreneurs and tech enthusiasts, but what does […]
Executive director of Germany’s Federal Financial Supervisory Authority (BaFin), Birgit Rodolphe, has appealed for novel and comprehensive regulation of the decentralized finance (DeFi) sector across the European Union and to create a consistent DeFi EU regulation. BaFin is Germany’s financial regulator, in charge of overseeing banks, insurance companies, and other financial organizations, which includes everything […]
Hackers stole an estimated $120 million worth of Bitcoin and Ether assets from Badger, a decentralized finance (DeFi) platform that allows users to borrow, loan, and speculate on cryptocurrency price variations. An investigation is still ongoing, while members of the Badger team have told users that they believe the issue came from someone inserting a […]