DeFi
DeFi Development Corp. hit a major roadblock this week when the US Securities and Exchange Commission blocked its $1 billion registration filing. The move came after regulators found that the company’s Form S-3 lacked a key internal controls report tied to its 10-K. As a result, DeFi Development—formerly known as Janover—pulled the filing and said […]
Solana-Linked $1 Billion DeFi Dream Crushed By SEC Intervention Read More »
Key Takeaways Circle’s USDC is now supported on the XRP Ledger, offering developers seamless access without bridging. XRPL plans to launch an EVM-compatible sidechain in Q2 2025, enhancing smart contract capabilities. Share this article Circle has launched its flagship stablecoin, USD Coin (USDC), on the XRP Ledger (XRPL) mainnet, tapping into the network’s high-speed transactions
Pyth Network has launched real-time price feeds for over 100 major exchange-traded funds, including products from Blackrock, State Street, and Vanguard, with onchain access to data representing more than $8 trillion in assets. New Pyth Integration Brings Live ETF Prices to DeFi Builders Pyth Network has introduced real-time exchange-traded fund (ETF) price feeds, enabling blockchain
Pyth Network Publishes Real-Time Prices for 100 Major ETFs Read More »
The Ethereum Foundation has released the first report in its most comprehensive security initiative to date, which maps the critical risks Ethereum (ETH) must address to support trillions in global on-chain value. The first Trillion Dollar Security (1TS) report outlines what individuals, institutions, and governments require to entrust significantly larger sums to the network. The
Ethereum Foundation releases first 1TS outlining roadmap to tackle security challenges Read More »
Key Takeaways Major DCP issuer Guggenheim launches US Treasury-backed Digital Commercial Paper on the XRP Ledger. At its launch on Ethereum, Guggenheim issued $20 million of DCP, which received the highest credit rating from Moody’s, P-1. Share this article Guggenheim Treasury Services, one of the largest and most respected asset-backed commercial paper issuers, is bringing
In brief Several Ethereum DeFi governance tokens rose after SEC Chair Paul Atkins said the agency would establish an “innovation exemption” for entities engaged in the crypto subsector. A DeFi-focused roundtable on Monday inspired “optimism,” a spokesperson for a research and advocacy group said. Uniswap, Aave, and Sky saw “unusually heavy” trading volume, potentially lifting
Ethereum Governance Tokens Spike as SEC Backs ‘Innovation Exemption’ for DeFi Projects Read More »
Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG),
Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Federal prosecutors in Brooklyn have charged Iurii Gugnin, the founder of a US-based crypto payments company, with orchestrating a sophisticated international money laundering operation that allegedly moved over $530 million on behalf of sanctioned Russian banks and entities. According to a CNBC
Major Crypto Executive Accused Of Involvement In $500 Million Money Laundering Scheme Read More »
Key Takeaways Société Générale-Forge plans to launch USD CoinVertible, a US dollar stablecoin, on Ethereum and Solana. BNY Mellon will act as the reserve custodian for USDCV, and trades will start in July. Share this article SG Forge, the digital assets subsidiary of French banking powerhouse Société Générale, announced on Tuesday the launch of USD
Société Générale confirms launch of new stablecoin on Ethereum, Solana Read More »
“The American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi movement,” said SEC Chair Paul Atkins at the regulator’s latest Crypto Task Force Roundtable on decentralized finance on June 9. Atkins criticized applying “century-old regulatory frameworks” to DeFi and blockchain innovation, noting that current securities rules were
SEC Chair Touts American DeFi Revolution as ETH Prices Pump 8% Read More »
