Join us in the realm of decentralized finance, where ancient financial systems intersect with innovative blockchain technology. The core of this financial transformation revolves around DeFi tokens, which form the basis of a completely updated system. What, however, are DeFi tokens? What are DeFi tokens? These are digital currencies that allow different monetary actions without […] source: https://droomdroom.com/understanding-defi-tokens/

In our world of decentralized finance, we must have the proper understanding and protection in place. As a seasoned DeFi enthusiast or an interested novice, being aware of these traps will allow you to protect your resources when navigating on the decentralized terrain. Therefore, let’s fasten our seat belts while entering the details related to […] source: https://droomdroom.com/how-to-stay-safe-in-defi/

The International Organization of Securities Commissions (IOSCO), a global regulatory body overseeing securities and financial markets, has unveiled nine policy recommendations to foster greater uniformity in regulatory oversight across jurisdictions. These recommendations specifically address the rapidly evolving realm of decentralized finance (DeFi). IOSCO policy recommendations for a... source: https://www.cryptopolitan.com/iosco-unveils-defi-regulatory-blueprint/

The International Organization of Securities Commissions (IOSCO) has now released its final report along with nine policy recommendations dedicated to managing DeFi risks. The primary goal of these policy recommendations is to increase market integrity and investor protection in the rapidly evolving DeFi space. IOSCO Emphasizes Consistency With Regulations In a recent report,... source: https://beincrypto.com/iosco-releases-nine-defi-policy-recommendations/

According to official news, OKX DeFi now supports the Eigenlayer protocol. Users can now pledge ETH to Lido, Swell, Rocketpool, Stader and other protocols through OKX DeFi to obtain pledge certificates, and then pledge the certificates to Eigenlayer to enjoy up to an additional 8% annual bonus. income. EigenLayer is a re-staking protocol built on Ethereum that allows users to leverage their locked ETH to earn additional rewards. The OKX Web3 Wallet DeFi section is a one-stop on-chain investment platform that now aggregates a variety of investment products from 20+ public chains, 80+ projects, and 200+ protocols, supporting users with one-click cross-currency investment, automatic income calculation and other conveniences operation, helping it improve fund utilization while saving gas, making DeFi investment easier.

Decentralized Finance, commonly known as DeFi, is rapidly reshaping the landscape of financial transactions and systems in our increasingly digital world. This innovative approach to finance merges traditional monetary processes with the cutting-edge technology of blockchain, offering a more accessible, transparent, and efficient financial system. In this guide, we delve into the question... source: https://www.newsbtc.com/crypto/what-is-defi/

Binance DeFi staking mining will stop providing BTC and ETH current DeFi mining products at 14:00 on December 5, 2023 (Eastern Eighth District time), and will no longer provide subscription services. The BTC and ETH balances held by users in Binance DeFi staking mining will be automatically redeemed after 14:00 on December 5, 2023 (Eastern Eighth District time) and deposited into the user's spot wallet. Users can also choose to redeem their BTC and ETH assets from current DeFi mining products by themselves before 14:00 on December 5, 2023 (East Eighth District time).

While US Treasuries fall from the peak of 5%, yields are back in defi with DAI now offering 10% in Aave, while the USDc coin has spiked above 20%.

Binance CEO Changpeng Zhao announced plans to enhance the security and usability of defi wallets, acknowledging current weaknesses and committing to future improvements. Binance CEO Changpeng Zhao, commonly referred to as CZ, talked about problems with defi wallets at Binance Blockchain Week in Turkey. Zhao said they’re not safe enough and they’re tough to use. Zhao’s company has started to tackle these issues with their new web3 wallet, but the Binance head admits there’s much more work to be done. #Binance is now your one app for all things Web3. Our new Web3 Wallet lets you connect DeFi to CeFi in one click. Try it and let us know what you think. 👉https://t.co/OoxJUABjzU pic.twitter.com/rK3ukNCy8l — CZ 🔶 Binance (@cz_binance) November 8, 2023 You might also like: SEC sues Binance and CZ for securities violations Zhao outlined that Binance aims to make defi wallets safer and easier to use. Defi has seen quick growth, but faces security issues and is often complicated for the average person. Binance’s web3 wallet is their initial effort to create a better and more secure wallet. The Binance CEO committed to dedicating more time to improving defi wallets, and the company’s attention to defi wallet security and ease of use is a sign that they’re aiming to make defi more accessible to more people. Read more: Binance’s CZ expects Bitcoin to hit new all-time high in 2025