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Brian Brooks Currency Comptroller decentralized finance

Mainstream DeFi is ‘inevitable’: US currency comptroller

The U.S acting comptroller of the currency believes the role banks play in society will soon be transformed by crypto assets and DeFi. The U.S acting comptroller of the currency, Brian Brooks, predicts th decentralized finance (DeFi) will render many of the financial services offered by banks obsolete, just as email disrupted the postal service.In […]

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decentralized finance MetaMask

MetaMask hits 1M monthly users thanks to DeFi boom

The booming DeFi sector is driving up MetaMask’s user base, with the popular Ethereum wallet report now reporting more than one million active monthly users MetaMask, the Ethereum (ETH) browser wallet developed by ConsenSys, has surpassed one million monthly active users for the first time.The milestone comes roughly seven months after the wallet first surpassed […]

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decentralized finance Yam Yam finance

Yam plans protocol overhaul despite first successful V3 rebase

Despite Yam’s first post-relaunch rebase executing successfully, its developers are planning many more changes to the protocol. Yam, the decentralized finance (DeFi) sector’s original food-themed clone protocol, has successfully completed its first rebase since its V3 relaunch.Yam’s relaunch on September 18 followed the spectacular failure of Yam V2 last month — where a bug in […]