BSC-based yield farming protocol Arbix Finance was identified by blockchain security company Certik as a rug pull. According to the firm’s incident analysis, there were several reasons why the project was flagged. The security firm cites that the ARBX contract has mint() with onlyOwner function, 10 million ARBX tokens were minted to 8 addresses, and 4.5 million ARBX were minted … [Read more...] about Certik identifies Arbix Finance as a rug pull, warns users to steer clear
Clear
Lummis to Propose New Crypto Regulator, Clear Guidance in 2022 Bill
Lummis, who sits on the Senate Banking committee, wants nothing short of full normalization for digital assets in the U.S., the aide said. Her upcoming bill will propose doing just that with federal rules for stablecoins, consumer protection provisions and updated taxation guidance, as well as the new watchdog: a self-regulatory organization administered by the executive … [Read more...] about Lummis to Propose New Crypto Regulator, Clear Guidance in 2022 Bill
CFTC Commissioner Says US Regulators Should Issue Clear Guidance Before Punishing Crypto Firms: Report
Policy“What I discourage here at the CFTC is bringing enforcement actions without giving [crypto firms] the tools they need to be compliant.” Stump said.By Jamie CrawleyDec 8, 2021 at 9:42 a.m. UTCUpdated Dec 8, 2021 at 9:42 a.m. UTCCFTC (Shutterstock) Source link … [Read more...] about CFTC Commissioner Says US Regulators Should Issue Clear Guidance Before Punishing Crypto Firms: Report
‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’
The latest salvo in the multibillion-dollar “Curve Wars” might be the most daring yet, and the protocol’s response has revealed deep ideological fissures in the decentralized finance (DeFi) community.Curve.Finance is currently the largest DeFi protocol with $20.8 billion in total value locked (TVL) per CoinGecko. The protocol holds a vital place in the DeFi ecosystem due to its … [Read more...] about ‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’
DeFi Needs Clear Regulation; Or Does it? Feat. PaperImperium
This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson are talking to PaperImperium, the first and only pseudonymous crypto advocate, lobbying on behalf of MakerDAO in the corridors of power.PaperImperium, or Paper, or Chris (his real name, but he’s not keen to publicize his full name), is advocating for a clear regulation for DAOs, or decentralized … [Read more...] about DeFi Needs Clear Regulation; Or Does it? Feat. PaperImperium