June 12 AAVE The proposal to prevent specific accounts from accumulating more debt has sparked controversy, with some participants arguing that it violates the principles of censorship resistance or “neutrality” in decentralized finance, or DeFi.
Uniswap Labs released a code draft for Uniswap v4, announcing the move in a June 13 blog post by Uniswap founder Hayden Adams. The new code features "hooks" or plugins that allow developers to create custom liquidity pools.
Tether, The stablecoin deviated slightly from its peg to the US dollar on June 15 due to Curve's 3pool imbalance. USDT price fell 0.3% to around 0.997 and its weight in the curve 3pool increased to over 70% from the usual 33.1%.
According to a June 15 announcement, a DeFi options platform uses social logins and undercollateralized trades to attract just-launched liquidity providers. The protocol, called "Synquote," is capable of handling large trades with much less slippage than previous options platforms, the team claims.
Lawyers for former FTX CEO Sam Bankman-Fried (also known as "SBF") are seeking to sever or dismiss six charges in his upcoming trial, claiming it could take years for Bahamian courts to rule on whether they allow him to He will stand trial For those crimes, according to a June 12 filing in federal court in New York.
Delio, a South Korea-based virtual asset manager and lending platform, has announced it is suspending customer withdrawals “to securely protect assets currently in custody for customers.”
B&S Holdings, formerly known as consignment operator Aventus, has been accused by Korean income platform Haru Invest of submitting fraudulent management reports containing "false information" and defrauding the company and its users.
Brink, a nonprofit organization aimed at supporting bitcoin developers, has announced a $5 million donation from Block CEO Jack Dorsey and his Start Small funding group.
Goldman Sachs is now facing scrutiny from the US Federal Reserve and the US Securities and Exchange Commission (SEC) for its involvement in buying a portfolio of Silicon Valley Bank securities before the bank collapsed,
Professional investors remain enthusiastic about cryptocurrencies but want the backing of large traditional financial institutions before taking the plunge themselves, according to a survey by Nomura's digital assets unit.
Criminal charges against FTX co-founder Sam Bankman-Fried have been split, with the former CEO now facing two separate trials for alleged mismanagement of the cryptocurrency exchange.
The Blockchain Association, a US cryptocurrency lobby group, has filed a request with the US Securities and Exchange Commission seeking information about previously little-known cryptocurrency firm Prometheum.
Luxury automaker Mercedes-Benz is integrating artificial intelligence into more than 900,000 vehicles as part of a new trial of a ChatGPT-powered voice assistant system.
Bitcoin fell below the $25,000 mark for the first time since March 17, following a hawkish Federal Reserve announcement in another tumultuous week for the crypto industry.
Miami Mayor Francis Suarez and prominent crypto advocate has filed documents indicating his intention to run for President of the United States in 2024.
In just 22 years, generative AI may be able to fully automate half of all work activities performed today, including tasks related to decision-making, management, and interaction with stakeholders, according to a new report from McKinsey & Company.