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DeFi

Terraform Labs Founder Do Kwon Arrested in Montenegro

Terraform Labs founder and former billionaire Do Kwon was arrested in Montenegro, according to local officials.

DeFi

MakerDAO Votes to Double Down on US Treasuries

MakerDAO, the decentralized organization behind the Maker protocol and its DAI stablecoin, voted to more than double its US Treasury holdings.

DeFi

Silicon Valley Bank Contagion has been Halted

Silicon Valley Bank has been bailed out of the contagion risk that was pending, what lessons can we learn from this?

DeFi

USDC Depegs as Silicon Valley Bank Contagion Spreads

Stablecoin USDC de-pegged after Circle admitted at least $3.3B of USDC's reserves are stuck in the insolvent Silicon Valley Bank.

DeFi

SQUID Token: A Double Dip Scam

The SQUID token rug pulled people --- then a fake law firm took people's money to pretend to sue them.

DeFi

Ukraine has Raised Over $200M in Cryptocurrency

Ukraine has raised over $200M for it's war effort via public cryptocurrency donations.

DeFi

CEX Services Bank Silvergate Suspends Crypto Services

Crypto services bank Silvergate announced that it's discontinuing its digital assets payment network, claiming the termination is a “risk-based decision.”

DeFi

Binance Targets Institutional Clients for Singapore Permit

Binance is reportedly making another attempt to get a crypto permit in Singapore, this time targeting institutional clients.

DeFi

Coinbase Launches Base: A New Era for Ethereum Layer-2 Networks

Coinbase is launching a new Ethereum Layer 2 called Base using the technology powering Optimism.

DeFi

Solana Network Slowed by New Software Bug

Last night, Solana network infrastructure operators encountered a software issue that almost froze all on-chain activity on the network.

DeFi

FTX Japan Customers Can Withdraw Deposits Via Liquid Japan

FTX Japan, a subsidiary of the now-bankrupt crypto exchange FTX, announced its customers can now withdraw their cryptocurrency and fiat currency.

DeFi

Hong Kong Will Lift Ban on Retail Crypto Trading

The Hong Kong Securities and Futures Commission (SFC) is set to lift the ban on retail investors trading cryptocurrencies.

DeFi

German Multinational Siemens Issues On-Chain Digital Bond

Siemens became one of the first German companies to issue a digital bond on a public blockchain.

DeFi

SEC Charges Terra Founder Do Kwon with Securities Fraud

The SEC charged Terraform Labs and CEO Do Kwon with fraud, claiming that they executed a "crypto asset securities fraud."

DeFi

Swiss Firm Launches Token Pegged to BlackRock's CSPX ETF

Backed Finance launched bCSPX, a tokenized version of BlackRock's CSPX ETF that includes major US companies like Apple, Amazon, and Microsoft.

DeFi

Circle Calms Nerves in Crypto Market Amid Regulatory Concerns

Amid a flurry of regulatory action, Circle has calmed nerves with news that the SEC hasn't issued them a Wells notice.

DeFi

Binance Outflows Top $800M in a Day on Bad BUSD News

Binance saw over $800M in net outflows over the last 24 hours following US regulatory action against stablecoin issuer Paxos for minting BUSD.

DeFi

Stablecoin Wars: Circle Snitches on BUSD Issuer Paxos

The SEC and the NYDFS are coming after Paxos after Circle allegedly snitched to the regulators.

DeFi

MakerDAO Announces Spark Protocol, Its Aave Competitor

DeFi giant MakerDAO announced it will launch a new lending protocol called Spark Protocol, which aims to compete with Aave.

DeFi

SEC is Picking an All-Out War with Coinbase

The SEC's recent moves against Kraken's delegated staking has caused serious concerns for Coinbase investors.

DeFi

Secret Network (SCRT) Restructures to Become a Non-Profit Following Controversy

A series of scandals with the CEO and founder of Secret Network (SCRT) has pushed the founder out and forced a corporate restructuring.

DeFi

Optimism Airdrops $30M in OP Tokens, Loses $148M in Market Cap

Optimism airdropped $30M in OP tokens to 300k addresses. The market did not react well to the airdrop, and the OP token lost $148M in market cap.

DeFi

Kraken Will Stop Offering Staking Services & Pay $30M Fine

Centralized exchange Kraken agreed to stop offering staking services and pay a $30M fine in a closed door meeting with the SEC.

DeFi

The Crypto Subreddit is Selling Banner Space for MOONs

Reddit's largest crypto subreddit rented banner space to DeFi wallet and DEX company 1inch for 27k MOONs.

DeFi

Jump Crypto and a16z at War Over Uniswap’s New Bridge

Jump Crypto and a16z are at war over Uniswap's bridge launch to Binance Smart Chain (BNB).