Fears of Shady Financial Market Prompt CFTC Commissioner’s Calls for DeFi Crackdown

Fears of Shady Financial Market Prompt CFTC Commissioner’s Calls for DeFi Crackdown

“A commissioner of the Commodity Futures Trading Commission is calling for a crackdown on decentralized finance (DeFi) platforms. In a recent speech titled “Climate Change and Decentralized Finance: New Challenges for the CFTC” Commissioner Dan Berkovitz referenced his concerns regarding the DeFi boom. “Given the explosive growth of this sector, federal regulators should become familiar
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Source: The Daily Hodl

El Salvador’s Bitcoin (BTC) Rollout Faces More Criticism, Here’s Why

“The El Salvadoran government is under severe criticism concerning the recent adoption of bitcoin as its native currency. The complaints arose even further after the Government announced that they bought more bitcoin in the current dip. It’s not clear if the people will continue using this coin or eventually boycott

Bitcoin mining difficulty surges 31% since July

“Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. As the Bitcoin network hash rate continues to recover amid global miners accumulating more capacity, the cryptocurrency is getting increasingly difficult to mine.On Tuesday, the Bitcoin network posted another mining difficulty adjustment, rising 3.2%

Why The Launch of VelasPad Today Is A Big Deal For Blockchain Growth And Development

“Competition is heating up among blockchain ecosystems – the quest for speed, efficiency, and affordability flares up regularly due to high fees on Ethereum. And what better way to incubate and develop efficiently the ecosystem of deserving blockchains than to create well-funded, experienced launch pads? To this end, VelasPad launchpad