DeFi Send Expanding Beyond Crypto with NFT Transfer Feature

**1inch has joined forces with over 100 industry leaders to petition the US Senate for regulatory clarity in DeFi.** The coalition submitted an [open letter](https://1inch.com/assets/1inch-defi-open-letter.pdf) calling for: - **Protection for developers and non-custodial providers** from being treated as custodians - **Clear regulatory frameworks** that distinguish open-source developers from traditional financial intermediaries - **Safeguards for self-custody rights** and developer innovation The initiative argues that without regulatory clarity, innovation slows and builders are forced to leave the US market. The letter emphasizes that open-source developers should not face the same regulatory burden as custodial service providers. [Full details available here](https://blog.1inch.io/initiative-calling-for-clear-defi-rules/)

De.Fi has co-signed an initiative led by 1inch calling on US universities to integrate DeFi knowledge into their curricula. The partnership aims to prepare future business leaders for a Web3-enabled economy. The organizations argue that all businesses will eventually operate on Web3 infrastructure, making DeFi literacy essential for tomorrow's leaders. This educational push comes from two established players in the DeFi space working together to bridge the gap between traditional education and decentralized finance.

**De.Fi has launched Advanced Shield**, an automated security tool designed to protect crypto wallets from common vulnerabilities. The platform addresses a critical security gap: forgotten token approvals that can lead to wallet drains months after initial authorization. **Key features include:** - Instant vulnerability detection across all connected wallets - Automatic flagging of risky token approvals - One-click bulk revocation of suspicious permissions - Continuous 24/7 wallet monitoring - Multi-chain scanning across 40+ blockchains The tool consolidates all active approvals into a single dashboard, eliminating the need to check multiple blockchain explorers. Users can set up protection once and maintain ongoing security without manual intervention. [Try De.Fi Shield](http://de.fi/shield)

De.Fi has introduced a **Wallet Health Widget** that provides users with a security score ranging from 0-100 for their crypto wallets. The widget functions similarly to a credit score but focuses on wallet security. It highlights risk issues in red and provides recommended actions to address vulnerabilities. Key features include: - Instant health score assessment - Clear identification of security risks - Actionable recommendations for improvements The tool is designed to help users navigate DeFi with greater confidence by making wallet security more transparent and manageable.

De.Fi has introduced a new approval management system that helps users identify and revoke risky smart contract permissions. **Key Features:** - **Filter by Risk**: Sort approvals by date, exposure level, contract name, or security issue - **Pool Search**: Look up any pool by name or contract address to verify safety - **Issue Tab**: One-click access to all unsafe approvals without manual searching The tool flags risk levels (Low/Medium/High) and allows instant revocation of dangerous permissions. Users can access it through More > Approvals in version 8.29. **Common High-Risk Approvals Detected:** - Unlimited token transfer permissions - Staking/withdrawal access rights - Contract upgrade backdoor permissions - NFT transfer/burn rights The platform recommends regular checks as some authorized DApps may retain access to funds even after initial approval.