Arbitrum moves closer to greater decentralized with a governance token airdrop with ARB, a new self-executing DAO, and a developers kit for layer 3 builders.
Cathie Wood's Ark Invest has unveiled a new crypto fund that has raised more than $16 million from private investors. The fund is split into a domestic entity based in Florida and a foreign version based in the Cayman Islands.
The war in Ukraine has brought forward the real world use cases of crypto. Humanitarian agencies have leveraged crypto to distribute monetary aid to the refugees in Ukraine.
U.S and European authorities shut down suspected crypto laundromat ChipMixer and seized $46 million worth of Bitcoin from the crypto mixer, Europol announced.
Summary: Crypto exchange Coinbase reinstated USDC/USD conversions on Monday after turbulence over the weekend. Circle previously halted stablecoin minting after troubles in the U.S. banking system involving major banks like Silicon Valley Bank and Signature. President Joe Biden said that the banking system is safe but executives at SVB and...
Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said losses from the exploit were over $190 million in cryptocurrencies. The DeFi lender was unsure about who attacked its protocol at press time but...
The turmoil induced by the fall of Silicon Valley Bank has led to USDC losing its dollar peg. The stablecoin fell as low as $0.87 earlier today as holders flocked to other crypto assets.
Summary: Judge Michael Wiles approved Voyager’s sale to Binance.US for $1.02 billion 24 hours before the government’s appeal. The Trustee’s office of the U.S. Justice Department filed an appeal against the deal late on Thursday. So far, Binance’s acquisition of the crypto lender has faced stiff opposition from the DoJ...
Marc Zeller’s proposal to offboard Binance USD (BUSD) stablecoin from Aava’s V2 lending and borrowing market on Ethereum garnered massive support from the Aave community. The action plan aims to “reduce the amount of liquidity in BUSD” and incentivize users to leverage other stablecoin tokens on Aave. Zeller’s submitted the...
