DeFi
Stablecoins, DeFi Could be in SEC’s Crosshairs Next, Berenberg Predicts
Stablecoins and decentralized finance (DeFi) are likely to become the next targets in the U.S. Securities and Exchange Commission (SEC)'s crackdown on the crypto industry, Berenberg said in a research report. This comes after the SEC said earlier this month that it was suing crypto exchange Binance, its founder Changpeng “CZ” Zhao and the operating company for Binance.US on allegations of violating federal securities laws. A day later it sued rival exchange Coinbase (COIN) on similar charges. The Hash" panel weighs in on the agency's approach to crypto regulation.
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
Analysts from Berenberg say that the U.S. Securities and Exchange Commission (SEC) could bring DeFi protocols and stablecoins, including tether and USD Coin, into regulatory compliance as the agency continues its crackdown on the crypto industry. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on the report.
Struct Finance Rolls Out Customizable Interest Rate Product for DeFi Users
The product will allow for traders to invest with both low and high risk appetites.
DeFi Protocol Maverick Raises $9M Led by Peter Thiel's Founders Fund
The round also included contributions from Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto.
Arpa Network Goes Live on Ethereum Mainnet
Arpa Network will also initiate the minting of the remaining 500 million arpa (ARPA) tokens that have been reserved for staking rewards out of its max supply.
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said
Ethereum Developers Propose Raising Validator Limit to 2,048 Ether From 32 Ether
Low validator limits have led to waiting times of over one month, as of Monday.
France's Markets Regulator Backs Global Rules for DeFi
The AMF wants industry stakeholders to contribute to a discussion about its views on supervising DeFi, DAOs and associated risks.
Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a 'Scam'
Musk had previously engaged with the Bob token bot several times, aiding a value rise.
