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ECB Study Questions How Decentralized DeFi Governance Really is

The European Central Bank published a working paper on March 26, finding that governance in four major DeFi protocols was heavily concentrated.The staff paper looks at Aave, MakerDAO, Ampleforth and Uniswap, and finds that while governance…
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Lummis Says CLARITY Act Offers Strong DeFi Protections

US Senator Cynthia Lummis has dismissed claims that the Digital Asset Market Clarity Act fails to protect decentralized finance innovators from legal repercussions, rebutting that recent changes to the draft will make it the “strongest…
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California Governor Newsom Signs Prediction Market Insider Trading Order

California Governor Gavin Newsom signed an executive order on Friday, expanding rules to curb public servants and those close to them from benefiting from insider trading on prediction markets tied to political or economic events they can…
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Bitcoin DeFi on Cardano Reaches Milestone With First BTC-ADA Atomic Swap

This development opens the doors for Cardano users to initiate trustless transactions involving BTC and ADA, with low gas fees and no custody risks. The crypto sector…
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Stablecoins Will Be Crypto’s “ChatGPT Moment,” Says Ripple

Ripple CEO Brad Garlinghouse said stablecoins will be the crypto sector’s “ChatGPT moment” for businesses in search of faster, more efficient payments, and that many companies are already discussing and strategizing how to implement…
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Resolv Pauses Protocol After 80M USR Exploit

Resolv Labs has temporarily paused its protocol after an exploit on Sunday in which an attacker minted 80 million unbacked tokens, knocking the dollar stablecoin sharply off its peg and briefly plunging the token to $0.14.The Resolv…
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Mezo Taps Aerodrome To Support Token Trading On Base

Mezo, a Bitcoin-native lending protocol, will collaborate with Aerodrome Finance to support trading activity for its token and Bitcoin-backed stablecoin on the Base network, as projects look for ways to bring more financial use cases to…
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5 Key On-Chain Signals to Watch With Bitcoin at Fair Value

Bitcoin's Sharpe Signal is sitting at 0.40, just below the 0.5 threshold that has historically preceded stronger upside phases. CoinMarketCap has identified several key…
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US Lawmakers Hold Hearing on Tokenized Real-World Assets

Crypto industry executives on Wednesday told the US House of Representatives Committee on Financial Services that existing investor protections and financial surveillance regulations should apply to tokenized securities.The hearing was held…
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Fira Debuts Fixed-Rate DeFi Lending Protocol with $450M in Deposits

Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain credit.Fira said the protocol’s fixed-rate credit market…
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