Cointelegraph - Despite regulatory hurdles and a decline in some projects, DeFi is overall on an upswing with Uniswap fighting the SEC and the total value locked surpassing $100 billion again

in blockchain •  4 months ago 

https://cointelegraph.com/news/uniswap-challenges-sec-bitcoin-runes-decline-finance-redefined
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DeFi is buzzing with anticipation for a US spot Bitcoin ETF approval, but also facing regulatory concerns. Popular DEX Uniswap is ready to fight the SEC's "weak" case against them.

In other DeFi news, Bitcoin Runes lost popularity with transaction volume dropping 84% since April. Ethereum's co-founder is pushing for zero-knowledge likes on a new social media platform.

After a positive market week, DeFi total value locked surged past $100 billion again, showing renewed investor confidence.

What do you think?

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