DeFi

DeFi

Legal experts recommend flexible approach for SEC to define tokens as securities

Legal experts recommend flexible approach for SEC to define tokens as securities

The DeFi Education Fund (DEF) submitted a letter to the Securities and Exchange Commission (SEC) on April 18 proposing five core principles for creating a “token safe harbor” framework to support decentralized finance initiatives while broader regulatory legislation is pending. The recommendations aim to help the SEC structure a time-limited exemption for token projects developing […]

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Ethereum’s planned blob increases insufficient to sustain L2 transaction growth

Ethereum’s planned blob increases insufficient to sustain L2 transaction growth

Ethereum (ETH) must address its scalability constraints to sustain the growth of layer-2 (L2) networks and avoid future transaction bottlenecks, according to The DeFi Report.  The firm said in a recent report that as L2 networks scale user adoption and transaction throughput, competition for Ethereum’s limited blob space could increase costs and undermine the network’s

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Ripple-Backed Hidden Road Achieves Broker-Dealer License Approval

Ripple-Backed Hidden Road Achieves Broker-Dealer License Approval

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple Labs-owned Hidden Road has announced that its subsidiary, Hidden Road Partners CIV US LLC, has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a FINRA-member broker-dealer.  This approval allows Hidden Road to enhance its recently launched fixed

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kiloEx recovers .5M after promising attacker 10% bounty

kiloEx recovers $7.5M after promising attacker 10% bounty

Decentralized exchange platform KiloEx revealed that it has recovered the entire $7.5 million stolen from it in a recent exploit. According to an April 18 statement: “We are pleased to announce that we have successful recovery of all stolen funds related to the recent security incident.” The exploit was first flagged by Cyvers, a blockchain

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Yemenis Turn to DeFi as Sanctions Cut Off Traditional Banking: Report

Yemenis Turn to DeFi as Sanctions Cut Off Traditional Banking: Report

As financial sanctions and conflict continue to destabilize Yemen’s economy, ordinary citizens are increasingly turning to decentralized finance (DeFi) as an alternative to traditional banking systems, according to a new report by blockchain intelligence firm TRM Labs. The report, published on April 17, highlights how U.S. sanctions targeting the Houthi group—designated a terrorist organization by

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Mantra, market makers allegedly exploited validation gaps to inflate OM token liquidity

Mantra, market makers allegedly exploited validation gaps to inflate OM token liquidity

Mantra and associated market makers allegedly manipulated liquidity metrics for the OM token by exploiting vulnerabilities in data aggregators’ self-reporting systems, according to discussions on the latest edition of “The Chopping Block” podcast.  The scheme involved misrepresenting the circulating supply and trading volume of OM to create the appearance of broader market activity than existed.

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World Liberty Financial aims global as DWF Labs acquire  million of its token

World Liberty Financial aims global as DWF Labs acquire $25 million of its token

World Liberty Financial (WLFI), a DeFi initiative linked to US President Donald Trump, has secured a $25 million investment from DWF Labs as it expands internationally. On April 16, the crypto market maker revealed that it acquired $25 million worth of WLFI’s governance tokens as part of its expansion into the US market. According to

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OFAC keeps developers in the crosshairs despite Tornado Cash delisting

OFAC keeps developers in the crosshairs despite Tornado Cash delisting

Developers and operators of decentralized privacy protocols remain exposed to potential US sanctions enforcement despite the Treasury Department’s Office of Foreign Assets Control (OFAC) removing Tornado Cash smart contracts from its sanctions in March. According to an April 15 report published by the DeFi Education Fund, while the Fifth Circuit Court of Appeals ruled that Tornado

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Kraken Prepares To Expand Trading Offerings Beyond Crypto To Stocks And ETFs

Kraken Prepares To Expand Trading Offerings Beyond Crypto To Stocks And ETFs

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken, one of the largest cryptocurrency exchanges in the United States, is expanding its services beyond digital assets as the company navigates continued positive regulatory developments and prepares for a potential initial public offering (IPO) early next year. According to Monday’s announcement,

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Visa joins Robinhood, Kraken, and Galaxy Digital as member of Global Dollar Network

Visa joins Robinhood, Kraken, and Galaxy Digital as member of Global Dollar Network

Key Takeaways Visa is set to join the USDG stablecoin consortium as the first traditional finance company. USDG aims to offer shared yield and differentiate from competitors like USDT and USDC. Share this article Visa will be part of the Global Dollar Network (USDG), a stablecoin consortium established by Paxos, with participation from crypto and

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