Business
Binance CEO Changpeng Zhao expressed skepticism about USDT because of a lack of audit reports for the Tether-issued stablecoin.
DeFi
The newly launched meme coin on Base fell sharply on Monday as the contract’s deployers removed liquidity.
The SEC believes every crypto asset other than Bitcoin is a security, said Coinbase CEO Brian Armstrong.
Ethereum
MEV bots front running exploiters on Curve pools generated some of the largest reward blocks ever seen on Ethereum.
A meme coin trading frenzy resulted in an influx of funds sent to the Layer 2 network, which currently cannot be bridged back to the ETH mainnet.
Several stablecoin pools on Curve Finance using Vyper contracts were drained due to a re-entrancy vulnerability, with millions of dollars’ worth of crypto still at risk.
Tech
Ethena’s Guy Young explains the innovative mechanics behind USDe, a stablecoin that combines Ethereum’s yield with a unique hedging strategy.
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.
The DeFi lender’s community voted to introduce the Enhanced DAI Savings Rate (EDSR), which could raise DAI rewards to as high as 8%.
