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The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law.
The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.
The environmental argument “should not be used as smokescreen to curtail freedom to transact,” U.S. Democratic presidential candidate Robert F. Kennedy Jr wrote on Twitter.
On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.
Shifke fills the gap left when Michael Kraines stepped down as CFO in April.
The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model.
Digital Currency Group comments on the restructuring in an investor letter.
The choice isn’t stablecoins vs no stablecoins. It’s between regulated products with low fees that protect consumers, and offshore assets with low transparency and no oversight, says Austin Campbell.
In theory, this could boost the price of DYDX, based on the basics of supply and demand.
Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.