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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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$18.6B Monthly Bitcoin Options Expiry Could Kickstart Rally To $75K
Key takeaways:Over 90% of Bitcoin call options may expire worthless if the price fails to break above $71,000 by Friday.Traders fear rising inflation and worsening credit conditions as the US and Israel-Iran war continues.Bitcoin (BTC) has…
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Lombard, Bitwise Partner to Unlock Bitcoin Yield Without Custody Transfer
Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds…
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Post-Hack Pressure Pushes Balancer Labs to Wind Down Operations, Restructure Protocol
Facing declining TVL and post-hack pressure, Balancer plans to overhaul its model, cut emissions, and reduce costs to stabilize protocol operations.
Balancer Labs, the…
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Stablecoin Bill Introduced in Delaware Aims to Create Licensing Framework
Two Delaware lawmakers are working to establish stablecoin regulations as part of a broader package of regulatory proposals aimed at “modernizing” the state’s financial sector.In a statement on Monday, the Delaware Senate Democrats…
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Balancer Labs Shuts Down, Protocol to Continue
Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in November, with executives proposing continuation of the protocol under a leaner, more…
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Siren Token Rises 340% as Analysts Flag Concentrated Holdings
Arkham data shows a wallet cluster holding 644 million SIREN, about 88% of the 728 million circulating supply, raising manipulation concerns.Crypto token Siren surged 340% in the last week, amid claims that a large portion of the…
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Resolv Says No Assets Lost After USR Stablecoin Exploit
Update (March 23, 3 am UTC): This article has been updated to include additional comments from Pashov security firm.Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the…
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Fidelity Requests More Clarity From SEC on Tokenized Assets and DeFi
Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems…
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