DEFI

Republican US Senator Thom Tillis said he won’t support the Senate’s crypto market structure bill unless it includes ethics provisions limiting how White House officials can use crypto.“There has to be ethics language in the bill before it…
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Aave, the largest decentralized lending protocol, has seen around $15 billion in deposits withdrawn since the Kelp Dao exploit on Saturday. Total value supplied to Aave fell from $45.8 billion on Saturday to $30.8 billion on Wednesday,…
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Extreme fear surrounds AAVE after exploit-driven outflows, but whale order clusters historically linked to market bottoms are reappearing. AAVE is undergoing one of its…
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Flying Tulip, a decentralized finance (DeFi) platform founded by DeFi developer Andre Cronje, has added a circuit breaker that can delay or queue withdrawals during abnormal outflows, as April DeFi losses climbed amid a string of major…
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Egorov said that different DeFi platforms keep pointing to each other during exploits, even as they claim everything is working, while users remain unable to access their funds.…
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New York's attorney general has filed lawsuits against crypto exchange operators Coinbase Financial Markets and Gemini Titan for allegedly violating state gambling laws, according to court records cited by Reuters.Copies of the complaints…
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Today in crypto, the SEC during Paul Atkins initial year on the job has made a break with the past, Michael Saylor’s Strategy bought 34,164 Bitcoin for $2.54 billion last week, marking its third-largest BTC purchase on record, and total…
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The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world…
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AllUnity, a regulated European stablecoin issuer, is expanding its euro-pegged stablecoin, EURAU, across major decentralized exchanges (DEXs).The company announced Thursday that its EURAU stablecoin is entering liquidity pools across major…
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