DeFi News

U.S. SEC to Review Cryptocurrency Cases After Trump Takes Office: Reuters

Reuters reported on Wednesday that the U.S. Securities and Exchange Commission has indicated plans to reassess cryptocurrency policies, as Donald Trump prepares for his inauguration next week. Hester Peirce, a Republican SEC commissioner, and Mark...

Ethena Labs Partners with World Liberty Financial to Add sUSDe to Aave

World Liberty Financial (WLF), a platform for decentralized finance (DeFi) backed by Donald Trump as president-elect, will work with Ethena Labs in order to improve its ecosystem. The two companies have announced a long-term partnership,...

Gate.io Dismisses Hack Rumors, Assures Platform Security

Gate.io is one of the most popular cryptocurrency exchanges. They have denied recent rumors regarding a possible hacking incident. Social media speculations about a hacking incident began earlier in December, based on significant withdrawals that were observed...

UK bans access to Pumpdotfun by Residents

The United Kingdom’s Financial Conduct Authority issued a warning against Pump.fun, a meme coin launchpad based in Solana on December 3, for operating without the proper authorization. Following the warning, Pump.fun is now only available...

Russia passes bill taxing crypto transactions, exempting miners from VAT

After the Federation Council, the upper chamber of the Russian parliament passed a comprehensive tax law targeting crypto transactions and mining, Russia is set to introduce cryptocurrency regulation. The law recognizes digital currency as property, and...

Bitwise Rebrands Ripple XRP ETP With Ripple’s Investment

Bitwise Asset Management has revealed the rebranding of its European XRP ETP, now named Bitwise Physical XRP (GXRP), in an extensive update to their European product offering. Bitwise, following its acquisition of ETC Group in...

BIS Study: Uniswap Liquidity pools V3 are still dominated by a few large participants

The Bank for International Settlements' ( BIS ) study , November 2024, has cast doubts on the decentralized nature of decentralized finance (DeFi). Researchers analyzed the Ethereum Blockchain to understand the inner workings of Uniswap V3, which is one of the...

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