Web3 Takes Center Stage: ULLU’s UlluCoin Launch & Global DeFi Oversight Heat Up

Blockchain innovation is booming—Web3 is rapidly becoming mainstream as companies pivot into decentralized ecosystems and regulators extend their gaze beyond Bitcoin and Ethereum. In a move signaling deeper integration with distributed technologies, Indian entertainment platform ULLU recently launched UlluCoin, a utility token built to enhance content access, fan rewards, and in-app engagement. This shift marks a major strategic pivot that ties digital experiences with Web3 tools. axios.com+15koinly.io+15blockchaintechnology-news.com+15The Economic Times

Meanwhile, the crypto community is digesting escalating global alignment on decentralized finance regulation. Government agencies worldwide—from the EU to U.S. lawmakers—are fast-tracking policy blueprints to strengthen transparency, enforce KYC/AML standards, and bring DeFi protocols under legal frameworks. This comes as DeFi platforms see explosive growth across lending, staking, and tokenized products, triggering debate about balancing innovation with investor protection. axios.comdecrypt.co

Security risks are surfacing too: recent attacks against Web3 trading services like CoinDCX have halted operations and raised red flags about platform resilience. Though operators insist user funds remain secure, the incidents underscore heightened scrutiny of Web3 infrastructure safeguards. The Economic Times

Taken together, these developments outline a pivotal turning point: Web3 is advancing beyond hype into real-world applications—from content platforms to financial markets—while regulators race to design responsible guardrails. The result? We’re witnessing not just innovation, but the shaping of a sustainable digital economy.

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