DEFI

Update (July 17, 11:59 pm UTC): This article has been updated to include a response from the White House.Senator Elizabeth Warren, one of the more outspoken voices in the US Congress associating digital assets with illicit activities, has…
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Decentralized trading protocol Ostium paused trading Wednesday after blockchain security firms Blockaid and CertiK reported an apparent exploit of its OLP liquidity vault.Blockaid estimated the exploit resulted in $18 million in losses,…
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US President Donald Trump is set to meet with several senators at the White House on Thursday to discuss progress on the crypto market structure bill. According to Politico, Senator Bernie Moreno said a group of senators will brief the…
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Fears that artificial intelligence would trigger a wave of catastrophic decentralized finance (DeFi) hacks in what was coined as a “hackpocalypse” have not materialized, according to Dragonfly managing partner Haseeb Qureshi.While the…
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Patrick Witt, the White House’s pointman on the Digital Asset Market Clarity Act, is taking a leave of absence at the end of July for several months of military training, Crypto In America reported.Witt, who has served as the executive…
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Thailand’s central bank is stepping up stablecoin surveillance as part of a wider effort to crack down on money laundering, illicit finance and “gray money” in the country.The Bank of Thailand is working with the Kingdom’s Securities and…
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Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation.In a Friday…
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The US Department of Justice is reportedly moving to drop charges against the founder of BitClub Network, a purported crypto mining platform that allegedly defrauded investors of $722 million between 2014 and 2019.A court filing shows…
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The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics.EU lawmakers on Thursday largely voted against extending…
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US Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation that lawmakers are looking to pass ahead of the midterms.Wyden told Senate Minority Leader…
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