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.
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.
The IOSCO will raise control on digital currencies and related activities while “addressing the pre-identified vulnerabilities in the non-bank financial intermediation sector.”
The French central bank published a detailed discussion paper this week on DeFi, exploring its risks and the potential regulatory changes that could mitigate them.
In his interview with Kennedy, Kurt Wuckert Jr. points out that the reason everyone is so mad at ‘crypto’ is because they were misled to believe it was an investment when the focus should be on utility.
Arbitrum's market maker, Wintermute, received $40 million of ARB from Arbitrum as part of the $1 billion allocation.
Judge Larry Burns said bZx DAO founders had formed the organization intending to circumvent U.S. company law and that the DAO was effectively the same as a general partnership.
Euler claims it was audited, but says the auditors missed the vulnerability, which has been around for a year waiting to be exploited; it lost 82% of its TVL.
Dubbed Project Guardian, MAS is hoping to leverage DeFi to improve the securities sector as it increasingly leans towards distributed ledger technology (DLT).
DappRadar’s August report found that gaming made up 51% of all blockchain activity, but it found that the total value locked in DeFi has shrunk 70% this year alone.
FBI warns investors to beware of DeFi vulnerabilities such as flash loans that target smart contracts, verification issues, and manipulation of price pairs.
Babylon Finance launched in 2021 and promised "democratization of investing" in assets previously inaccessible to most due to regulation and jurisdiction.
The platform will deploy blockchain and smart contracts in asset custody, currency exchange, and alternative investment financial services and would work similar to liquidity pools on DeFi protocols.