Tech
Ethena’s Guy Young explains the innovative mechanics behind USDe, a stablecoin that combines Ethereum’s yield with a unique hedging strategy.
Business
Grayscale Investments asked the U.S. securities regulator to approve all spot Bitcoin ETFs together, arguing that approving only some would lead to an unfair first-mover advantage.
The CFTC seeks to regulate foreign individuals and corporations that reside and operate outside the U.S, stated Binance’s lawyers.
DeFi
The DeFi lender’s community voted to introduce the Enhanced DAI Savings Rate (EDSR), which could raise DAI rewards to as high as 8%.
The Optimism-based wallet uses account abstraction to eliminate the need for seed phrases to recover lost crypto.
The U.S. Department of Justice (DOJ) said they do not intend to proceed with a campaign finance charge against the former FTX CEO.
The crypto payments firm claims that North Korean cybercrime group Lazarus was left with a “record-low reward” after hacking its platform for millions of dollars.
Regulation
The U.S. House Financial Services Committee has advanced a bill that aims to create comprehensive rules for digital assets.
The former FTX CEO reportedly made over 100 phone calls to the reporter behind the New York Times article that revealed Caroline Ellison’s private journal entries.
A U.S. District Judge has granted prosecutors additional time to make their case against former Celsius CEO Alex Mashinsky.
