DeFi
The Tornado Cash community has passed a proposal that would put governance control back in the hands of the DAO.
The liquidity protocol lost 4090 ETH after attackers exploited the lack of slippage control in liquidity shifting operations.
NFTs
Binance will enter the NFT lending market with the launch of a new feature that allows users to secure an ETH loan using their NFTs as collateral.
Fantom Foundation director Andre Cronje said that the $2.4 million MULTI withdrawal from liquidity pools on SushiSwap to a cautionary measure.
Regulation
The six individuals seeking to overturn the U.S. Treasury’s sanctions on Tornado Cash argued that the government has improperly interpreted the IEEPA and free speech clause of the First Amendment.
Business
The Digital Currency Group plans to close down its prime brokerage subsidiary TradeBlock on May 31.
Tech
Cybersecurity firm Unciphered posted a video where it claims to have successfully hacked a Trezor T wallet after dismantling the hardware and extracting the seed phrase.
The network shared its main priorities for a transition from the testnet to “Mainnet Genesis,” but a network token is not one of them.
Several entities have begun withdrawing liquidity from Multichain amid rumors that the protocol’s team has been arrested in China.
Do Kwon will remain in jail after a Montenegrin high court overturned an earlier decision that approved his release for $430,500.