Defi: Here's why it's necessary to minimize legal and financial risks

Regulating Bitcoin or any other cryptocurrencies has already been a difficult task for regulators worldwide. Now, the addition of decentralized protocols has only added to the woes. A recent study The post Defi: Here's why it's necessary to minimize legal and financial risks appeared first on AMBCrypto.

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Comptroller of the Currency warns of new risks DeFi faces

The OCC chief wrote an opinion piece for the Financial Times saying the DeFi…

The post Comptroller of the Currency warns of new risks DeFi faces appeared first on Coin Journal.

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Risk Builds as Farmers Pile $1 Billion into Compound

With extraordinary yields, farmers are rushing to plant their crypto in DeFi protocol Compound. But there’s a drought coming. DeFi Won’t Stop, Risks Pile Up If you thought Compound was...

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Inside Compound (COMP); Platform Risks, Lack of Oracles, And The Incentive to Maximize Individual Profits

Compound, the newly-launched DeFi token famous for reaching a $3 billion market cap within days of listings, is facing scrutiny from analysts and traders as questions about its illiquid markets and lack of utility rise.

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Some Numbers That Show Why Yield Farming COMP Is So Seductive

COMP has created a sudden craze for "yield farming." Here are three scenarios illustrating the risks and rewards of DeFi's latest trend.

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Some Ethereum DeFi Users Are Making 100% APY But There Are Multiple Risks

Unlike Bitcoin, which has stalled in the low-$9,000s, Ethereum-based decentralized finance (DeFi) has seen exponential growth over the past few weeks. Camila Russo, a former Bloomberg journalist turned Ethereum publicist, noted on June 19th that the amount of value locked in DeFi applications is up 40% in the past seven days alone.

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PieDAO Launches USD++ to Reduce Risks With ‘Unstable-Coins’

PieDAO has launched its USD++ protocol, comprising a hedged basket of Ethereum-based stablecoins designed to reduce risks for long term DeFi users.

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DeFi Transactions Are Now Competing for Block Space on Ethereum

Slowly but steadily, “complex” smart contract transactions are overtaking standard Ethereum transactions. As these transactions need more gas to execute, the network risks becoming much more expensive as it makes...The post DeFi Transactions Are Now Competing for Block Space on Ethereum appeared first on Crypto Briefing.

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What Is DeFi and Where Does It Leave Bitcoin?

The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.

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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works

As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.

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