Latest News and Articles about DeFi Platforms
White House Report: Stablecoin Yields Pose No Threat to Bank Lending
Stablecoin Yields Aren’t the Bank Killer: White House Report Debunks Fears A new study from the White House Council of Economic Advisers (CEA) has delivered a sharp rebuke to banking industry fears, concluding that stablecoin yields pose no real threat to bank lending or community banks in the United States. Amidst heated debates over crypto […]
Read MoreCrypto Hacks Soar 96% in March 2023: $52M Lost in DeFi and Exchange Breaches
Crypto Hacks Surge 96% in March 2023: $52M Lost in DeFi and Exchange Breaches March 2023 delivered a harsh blow to the cryptocurrency world with a staggering 96% surge in hacks, resulting in $52 million in losses across various platforms. This alarming spike exposes critical weaknesses in decentralized finance (DeFi) protocols and centralized exchanges, casting […]
Read MoreU.S. Senate Votes 70-28 to Repeal IRS DeFi Broker Rule, Awaiting Trump’s Approval
U.S. Senate Votes to Repeal Controversial IRS DeFi Broker Rule The U.S. Senate has decisively voted 70-28 to overturn a contentious IRS rule that would have imposed strict tax reporting requirements on decentralized finance (DeFi) platforms. This significant move, which followed a similar resolution from the House of Representatives, awaits President Donald Trump’s expected approval. […]
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