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DeFi News

Is the SEC eyeing Lido Finance?

Is the SEC eyeing Lido Finance?

David Hoffmann, host of the popular crypto podcast Bankless, claims that several DeFi platforms received warnings from the SEC last week.

DeFi stands for financial services without the involvement of banks or other central parties.

Within DeFi, blockchain technology is used for services such as borrowing, lending, trading, and earning yield. Smart contracts automatically execute financial processes.