This Week In DeFi – May 20

To the DeFi community, This week the Terra community is currently voting for or against a fork of the network, with a potential new chain that removes the UST stablecoin from the equation. Although the current governance voting is skewed highly in favor of the fork, a large proportion of the community appears to be … Read more

This Week In DeFi – May 13

To the DeFi community, This week, TerraUSD took center stage for unfortunate reasons, as the third-largest stablecoin lost its peg – sending Terra’s native LUNA token into a “death spiral”. Kick-started by an apparent attack on the system, a significant de-pegging of UST to the dollar resulted in a rush to the exits by token … Read more

This Week in DeFi – April 8

To the DeFi community, This week Terra founder Do Kwon has declared war against prominent Dai stablecoin (DAI), via the launch of “4pool” – a stablecoin liquidity pool on Curve with an emphasis on UST and FRAX. The pool is attempting to attract liquidity from “3pool”, a similar pool containing DAI, by using large quantities … Read more

This Week in DeFi – April 1

To the DeFi community, This week the Fantom Foundation has announced a brand new incentive program, this time allocating 335 million FTM tokens – worth almost $550M – to boost development on the network. The foundation is working in partnership with Gitcoin, using the organization’s Quadratic Funding system to match contributions for participating projects. Launching … Read more

Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations

This post was originally published on News.Bitcoin The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator Seeks to Amend Requirements for … Read more

Flexa hires blockchain and digital assets veteran Michelle Ann Gitlitz as General Counsel

Michelle brings over 20 years of experience spanning traditional financial services, digital assets, and blockchain technology. Flexa Just now·3 min read NEW YORK — Flexa, the leading pure-digital payments network, is pleased to announce that Michelle Gitlitz will join the firm as General Counsel effective October 1. Michelle brings over 20 years of experience to … Read more

Regulatory Progress Is A Sign Of Crypto Market Maturity

Over the course of just a couple of years, decentralized finance leapfrogged the products and regulatory frameworks that took decades to put in place.  Sponsored Sponsored The fact that users can interact with financial products on the smart contract level, and essentially build programmable money as opposed to products, is empowering and disruptive.  Not unlike … Read more

Uniswap Restricts Access To Synthetic Assets In DApp UI

The Uniswap team has restricted access to several dozen tokens from their user interface, leaving users questioning the role of decentralized governance in the move. As of today, we have started restricting access to a small number of tokens at https://t.co/liqYXtQoM2 These changes pertain to the interface at https://t.co/liqYXtQoM2 — the Protocol remains entirely autonomous, … Read more