DeFi needs appropriate regulation before expanding to retail

United States Federal Reserve chairman Jerome Powell has spoken out about the expansion of decentralized finance (DeFi) and its impact on the traditional finance ecosystem, calling for appropriate regulation. During an event titled the “Opportunities and challenges of the tokenisation of finance” hosted by the Banque de France on Sept. 27, Jerome Powell said there were “very significant structural issues around the lack of transparency” in the DeFi ecosystem. The comments followed those by Bank for International Settlements (BIS) general manager Agustín Carstens who expressed concern over the contrast between…

ETHEREUM 🔥 TRUC DE FOU !!!! DÉCOLLAGE ( la suite est folle !!! )

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Pour faire un don en EURO ou en BITCOIN : _____________________________ Le ETH serait peut être sorti de sa baisse , nous abordons une analyse graphique bearish et bullish ensemble ! Nous voyons en détail chaque support, résistance, et figure envisageable durant ce fameux dump ou pump ethereum ! _______________________________ Mes analyses ne sont que mon point de vue du marché, il ne faut pas prendre ce que je dis comme conseil financier et en aucun cas je ne serai responsable de…

Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway

Pantera CEO Dan Morehead highlighted the potential growth and value of Decentralized Finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and Metaverse applications in his opening keynote speech at Token2049 in Singapore. Thousands of attendees converged on Wednesday at the Marina Bay Sands Convention Center for the start of the two-day conference which features prominent speakers from the cryptocurrency and blockchain ecosystem. Pantera, a blockchain-focused investment fund with $4.5 billion of assets under management, said it continues to see value in emerging crypto use cases.  Morehead drew parallels to the early…

The CFTC Served Ooki DAO Papers By Posting Them in an Online Discussion Forum

The lawsuit, announced last week, is the first to be brought against members of a DAO by the CFTC, and could have wide-ranging consequences for DAO regulation in the future. Charges were also filed and settled against a blockchain protocol, bZeroX – which the CFTC claims operated the same service before handing over the reins to Ooki DAO – and two of its founders, who settled for a $250,000 monetary penalty. Source

Bitcoin/Ethereum/Coinbase – Die Kryptobörse kann Pleite gehen!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In diesem Video spricht Philip Hopf über Bitcoin BTC, Ethereum ETH und Coinbase! Unsere HKCM Analyse 🛒 Unsere Analysen finden Sie hier: 👉 Diese Stellen haben wir zu vergeben: 🔔 Abonnieren Sie unseren Kanal: ✉️ Bei Fragen melden Sie sich gerne jederzeit bei uns: info@hkcmanagement.de 👉 Instagram: 👉 Twitter: 👉 Facebook: 👉 LinkedIn: #bitcoin #ethereum #coinbase ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin Price Trims Gains, Why BTC Could Dive To New Monthly Low

Bitcoin failed to stay above the $20,000 resistance against the US Dollar. BTC is sliding and might even break the $18,250 support zone. Bitcoin failed to stay above the $20,000 resistance and started a fresh decline. The price is trading below $19,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $19,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate lower below the $18,250 support zone in the near term. Bitcoin…

Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’ – Regulation Bitcoin News

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 by Banque of France. “The monetary policy normalization that we’re seeing all over the world,” Powell began. “All it did was simply reveal what we’ve long pointed out as significant structural issues in the defi…

Wintermute inside job theory ‘not convincing enough’ —BlockSec

Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160 million Wintermute hack was an inside job, noting that the evidence used for allegations is “not convincing enough.” Earlier this week cyber sleuth James Edwards published a report alleging that the Wintermute smart contract exploit was likely conducted by someone with inside knowledge of the firm, questioning activity relating to the compromised smart contract and two stablecoin transactions in particular. BlockSec has since gone over the claims in a Wednesday post on Medium, suggesting that the “accusation of…

Ethereum Merge Vaults Cryptocurrency Past Bitcoin in Hard-Money Allure

In the days since the Merge, the annualized net issuance rate of Ethereum’s native cryptocurrency, ether (ETH), has fallen to a range of 0% to 0.7%, estimates Lucas Outumuro, head of research at crypto data and analysis firm IntoTheBlock. That compares with about 3.5% prior to the Merge. The net issuance rate, also referred to as the inflation rate, is essentially the new supply divided by the existing supply. Original