Chaos Labs, one of Aave’s key risk managers, is leaving the DeFi lending giant’s ecosystem, marking the latest in a string of high-profile contributor exits that have reshaped the protocol’s core operating team in recent months. The departure follows earlier exits from major contributors like… Read More
Gauntlet, one of decentralized finance’s (DeFi) leading providers for risk management tools, has seen its total value locked (TVL), a measure of the assets deposited across its vaults, fall sharply over the past seven days, dropping 22.84% to $1.325 billion. That has erased roughly $380… Read More
Days after JPMorgan Chase & Co. admitted to debanking President Donald Trump after the Jan. 6, 2021 attack on the Capitol, the Federal Reserve seeks comments on its proposal that would stop government supervisors from pushing banks to sever ties with lawful customers based on… Read More
In the event that quantum computers one day become capable of breaking Bitcoin’s cryptography, roughly 1 million BTC attributed to Satoshi Nakamoto, the creator of the Bitcoin network, could become vulnerable to theft. At today’s price of about $67,600 per bitcoin, that stash alone would… Read More
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin is struggling to hold ground as concerns over the strength of the yen and fiscal instability drove a divergence between crypto and traditional safe-haven assets. Bitcoin fell 0.8% in 24 hours to sit below $88,000,… Read More
The ABA sent a letter to the U.S. Senate, saying stablecoins that offer yields will affect its banking members ability to grant loans, but JPMorgan disagrees.
