Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope

BNB Chain has launched a new platform, DappBay, to discover new Web3 projects. DappBay is equipped with a novel feature called Red Alarm, which assesses project risk levels in real-time and alerts users of potentially risky DApps, according to a Thursday announcement.

Red Alarm is a contract risk scanning tool offered by DappBay that helps users identify high-risk projects to protect their investments from rug pulls and scams. Users can check if a contract address has logical flaws or fraud risks by entering it into the Red Alarm feature.Vermont’s Department of Financial Regulation issued a warning against troubled crypto lending firm Celsius on Tuesday, reminding users that the crypto lending firm is not licensed to offer its services in the state.

The DFR alleged that Celsius is “deeply insolvent” and doesn’t possess “assets and liquidity” to fulfill its obligations toward the customers. The state regulator accused the crypto lender of mismanaging customers’ funds by allocating them toward risky and illiquid investments.PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher

As Ethereum shifts into PoS, a DeFi researcher has argued that the platform can overtake Bitcoin’s throne as the top dog in crypto.

defi market wether its staking business, lending business, swap business, re insurance business, asset backed or syntethic all of those, sooner later you defi must remember 2008 catastrophy, that you will be opened to authorities for backup and scrutinize the defi and regulate it

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DeFi market fell off cliff in Q2 but users haven't given up hope: ReportDeFi market cap fell 74.6% in Q2, with the drop largely attributed to the collapse of Terra and its stablecoin, though daily user activity has remained resilient. Only DeFi with RealYield will survive Not out of Cult Dao or Revolt they didn’t . They have managed the bear market well and are growing nicely . Interesting to know what sum of usdt it was
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DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’Despite the growth of the crypto and blockchain industry, traditional financial still lacks an understanding of its basic concepts. Alex Tapscott’s book aims to fix that and show how DeFi can reinvent TradFi Thanks you veryy much_,, stzx
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ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban – Regulation Bitcoin NewsEuropean Central Bank (ECB) calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). We need more crypto people lobbying our politicians.. Mining has been moving over to cheaper unused energy (solar, wind, geothermal, unused flare-gas) sources for a long time. Why is no one talkiing about thiss_,, Welcome to IOTA 🦋 No fees, GREEN, gets faster over time, staking, NFTs, DAO, IOT, Identity (like VET) running projects, The Netherlands is 1 of them. Subsidies from Europe and a few more interesting projects like Tanglepay, Soonaverse, Shimmer, ASMB, staking, web3, games and you
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