DeFi or even DoxFi Asks Community Right after Compound Founders Statement
'Defi' DoxFi’

DeFi or even DoxFi Asks Community Right after Compound Founders Statement

Source: Adobe/fotogestoeberFollowing questions of legality and ethics surrounding the ongoing issue faced by decentralized finance (DeFi) protocol Compound Finance, whose users claimed millions in COMP coin due to an error – the founder is now backpedaling a controversial statement, while the community is once again questioning how decentralized DeFi really is.As reported, Compound Finance passed…

SEC Charges ‘Defi’ Loan provider, Governance Token Issuers Should GET SUCKED IN
'Defi' charges

SEC Charges ‘Defi’ Loan provider, Governance Token Issuers Should GET SUCKED IN

Source: iStock/PgiamThe US Securities and Exchange Commission (SEC) charged Cayman Islands-registered DeFi Money Market (DMM) and its top executives, two Florida men, for unregistered sales of more than USD 30m of securities using smart contracts and “so-called “decentralized finance” (DeFi) technology.” DMM has already been closed down due to “regulatory inquiries,” per their website. The…