ArrorLab Arts on FireSats: Easy to use mobile wallet that reliably supports 1Sat Ordinals
FireSats’ developer ArrorLab Arts talks about their motivations for building the wallet and thoughts about its synergy with various BSV blockchain tools.
Latest DeFi News
Canada’s central bank explores DeFi, highlighting technical and regulatory hurdles
Bank of Canada highlighted several flaws associated with DeFi use, including limited tokenization, unregulated centralized entities, and increased interconnectedness in the system.
EU regulator warns of DeFi risks, introduces smart contract categories
The two reports published by ESMA warned of the "serious risks" DeFi poses to investors, including those related to DEXs and wash trading, and outlined a methodology for categorizing smart contracts.
DeFi Trader Joe hit with fresh lawsuit in trademark dispute
Trader Joe's sues DeFi Trader Joe over trademark violations and a brand confusion strategy, linked to a digital currency trademark dispute trend.
BIS completes wholesale CBDC trial for FX, cross-border payments
In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart contracts that follow industry best practices.
Nomura subsidiary secures VASP license from Dubai’s digital asset regulator
Dubai's VARA has granted Nomura-backed Laser Digital a VASP permit, allowing it to expand the scope of its offering to include broker-dealer and OTC trading services.
Same risk, same regulation: France’s AMF calls for tougher DeFi oversight
DeFi can’t be ignored anymore, and authorities must regulate the sector to protect against risks such as money laundering and terrorist financing, says Autorité des Marchés Financiers.
Tornado Cash coin mixer’s governance lets its guard down, loses control
An unidentified attacker has assumed control of the Tornado Cash DAO governance after tricking users into approving a proposal that contained malicious code.
DeFi is subject to regulation, CFTC Chair Rostin Behnam says
The CFTC chair argued that decentralized digital asset exchanges will be regulated regardless of how they’re constituted—it’s just a matter of whether the CFTC or the SEC does it.
UK Treasury wants public input on proposed tax for DeFi transactions
The consultation, running until June 22, will be carried out by HM Revenue and Customs, seeking public comments from investors, service providers, and professionals in the decentralized finance space.
SEC summons Tron’s Justin Sun, Binance praises regulators it won’t obey
Tron founder Justin Sun has been given 21 days to respond to the civil charges, and failure to respond will result in a default judgment against him.
IOSCO doubles down digital currency exchange and DeFi control
The IOSCO will raise control on digital currencies and related activities while “addressing the pre-identified vulnerabilities in the non-bank financial intermediation sector.”