FintTech

U.S. SEC To Introduce Proposal Targeting DeFi Crypto Exchanges

The Securities and Exchange Commission has voted to alter a proposed rule that targets DeFi crypto exchanges. The rule was proposed…

2 years ago

SushiSwap To Begin Compensating Users Affected By $3.3 Million Hack

SushiSwap has announced a step-by-step plan to start compensating the users that were affected by last week’s hack. Head chef Jared…

2 years ago

DeFi Lender Euler Finance Opens Redemptions After $200 Million Flash Loan Attack

Summary: The DeFi protocol recovered a bulk of the $200 million in crypto stolen in March by unidentified hackers.Euler Finance…

2 years ago

Ethereum Ready To Turn On Staked ETH Withdrawals In 2 Days

Summary: The Shanghai-Capella upgrade scheduled for April 12 should unlock over $30 billion in staked ETH on Ethereum’s beacon chain.Clients…

2 years ago

dYdX Tanks 5% Following News Of Canadian Market Exit

dYdX has announced that it will stop offering services to clients based in Canada. The DeFi exchange has blamed Canada’s regulatory…

2 years ago

U.S. Treasury Takes Aim At DeFi, Warns Of Illicit Use By Criminals

The U.S. Department of Treasury has released a report highlighting the role of decentralized finance in illicit finance.The Department has…

2 years ago

Aave To Deploy V3 Lending Protocol On BNB Chain After Uniswap Crossover 

Summary: Aave-Chan creator Marc Zeller proposed launching the Aave V3 lending protocol on BNB Chain.Zeller suggested deploying on Binance’s DeFi…

2 years ago

Arbitrum Rethinks $1 Billion AIP-1 Plan Following Community Concerns

Summary: The project’s DAO will rework a contentious proposal to send 750 million ARB tokens to the Arbitrum Foundation after…

2 years ago

Ethereum’s Shapella Upgrade for Staked ETH withdrawals Coming April 12

Summary: Ethereum core developer Tim Beiko confirmed that the anticipated Shapella upgrade will happen on April 12.The Shanghai-Capella update on…

2 years ago

dYdX Up 12% Following The Announcement Of Cosmos Testnet

DeFi exchange dYdX has announced the launch of its private testnet on Cosmos. The testnet marks the DeFi crypto exchange’s transition…

2 years ago