DeFi
DeFi

DEX Aggregator Odos Winds Down, Urges Users to Move Assets Before Month End

The company behind the swap aggregator says the app goes read-only on July 27 and shuts down for good on July 30, leaving users a…
DeFi

Goldman Sachs CEO Breaks With Wall Street to Back Crypto Clarity Act

Solomon’s endorsement splits with JP Morgan’s Jamie Dimon and banking trade groups, who warn the bill’s stablecoin-yield provisions could pull deposits away from traditional lenders.…
DeFi

BitMEX, Perps Pioneer, Sets Shutdown Date, Urges Users to Withdraw Funds

The exchange that invented the 100x leverage perpetual swap has halted new signups and told users to withdraw their funds before the deadline or face…
DeFi

SEC’s Hester Peirce Warns Crypto Vaults and Onchain Lending May Fall Under Securities Laws

SEC Commissioner Hester Peirce, the agency’s most crypto-friendly voice, said DeFi vaults and onchain lending can qualify as securities depending on how they are managed.…
DeFi

Tesla holds bitcoin treasury steady, reports $112M impairment loss

The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue expectations but…
DeFi

SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws

The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured. Read Full Story at Coindesk.com…
DeFi

UK digital bond plans hinge on one missing piece: onchain cash

Experts say Britain’s digital gilt pilot can unlock trapped liquidity in financial markets only if regulators approve an onchain stablecoin. Read Full Story at Coindesk.com…
DeFi

Centralized Elements 'Frequently Persist' in DeFi and Should Be Regulated: FATF

Nearly every country has yet to apply the rules, the watchdog said, warning of outright bans for platforms that don’t comply. Read Full Story at…
DeFi

BitMine gets 98% of revenue from staking as a decade-long contract complicates an early exit

Ethereum Tower can keep its 2% interest and may elect continuing fees or a formula-based payment after a covered termination. The post BitMine gets 98%…
DeFi

Movement Labs files for Chapter 11 bankruptcy months after token scandal

The filing comes after months of upheaval that included a controversial market-making agreement, an internal investigation into its MOVE token launch and a Binance ban…