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Saddle․Finance Creates New Standards for DeFi Trading
DeFi is a sub-sector in the crypto industry that has witnessed significant innovation since its inception. However, the narrative has struggled to stay consistent, affecting the domain overall. The current bear market has wiped out more than half of DeFi Total Value Locked (TVL), hampering innovations. Furthermore, several projects have simply forked (copied) existing protocols and brought zero ideas to the market. Amidst all of this, one project is making strides with the best innovations DeFiers have seen in a long time. Saddle Finance is the protocol that enables efficient DeFi trading....
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The Free TON DeFi Alliance creates the necessary infrastructure to attract and maintain strong teams and projects, attracts liquidity from other projects to Free TON and creates partnerships with major companies with large amounts of liquidity and/or a large number of transactions. Free TON DeFi Alliance Forms Free TON DeFi Alliance is a new organization of like-minded people and businesses who share a common goal – to create an environment for substantial and sustainable Free TON DeFi ecosystem growth. The Alliance’s declared goals and focus are centered around economical....
Every few years since the advent of Bitcoin, the cryptocurrency and blockchain industry sees a groundbreaking innovation that creates new subsections that promise to reach the level of impact and penetration as the asset class is having elsewhere in the greater financial space. Most recently, the explosion of decentralized finance (DeFi) has resulted in a […]
A new working group aims to create standards that will ensure secure Ethereum smart contracts are used by businesses and DeFi projects. Decentralized finance continues to make its impact on the crypto market, and with over $13 billion of total value of assets locked, DeFi projects are clearly resonating with eager crypto investors. Yet while the DeFi space has been progressing over the last year, a number of illegitimate projects have come to fruition, reminding some of the 2017 ICO boom and its subsequent bust.For example, Harvest Finance, a major decentralized protocol, was recently....
Scallop will help create awareness and drive the adoption of the PCI Security Standards. A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to its participating organizations that help improve payment data security worldwide.Scallop, a regulated DeFi banking app recently announced its entry to the PCI Security Standards Council (PCI SSC), a global community with a goal to improve payment data security worldwide. According to the DeFi firm, it will be working with the PCI SSC by assisting....
Despite DeFi apps not being VASPs under the FATF standards, the authority still wants them regulated like VASPs. Decentralized finance, or DeFi, continues driving more interest from regulators and is becoming a part of the major international rules designed for virtual asset service providers, or VASPs.On Thursday, the Financial Action Task Force, or FATF, issued a new update to its 2019 guidance to a risk-based approach for virtual assets and VASPs, paying particular attention to the DeFi industry.The new guidance addresses issues identified in the FATF’s 12-month review of the revised....