Polkadot DeFi Darling Acala Has Gathered Over $600M and Counting
Acala is likely to win the first Polkadot parachain slot in the auction process beginning Thursday.
MakerDAO’s Christensen Turns Optimistic After US Stablecoin Report
The founder of the crypto lender and stablecoin issuer had feared the worst about potential regulation.
LUNA Hits All-Time High as Terra Community Passes Popular Burn Proposal
The burning marks one of the largest, if not the largest, layer 1 token burnings in crypto history.
DEXs Have Grown the Most as Competition Among Crypto Exchanges Intensifies: Chainalysis
The majority of DEX users are professional crypto traders looking for “new sources of alpha,” said one analyst.
What FATF’s Latest Guidance Means for DeFi, Stablecoins and Self-Hosted Wallets
Launching a truly “global” stablecoin is likely to get more difficult in the coming year as a result of the guidance, which advises regulators to keep such projects on a short leash.
DAO Backed by Deadmau5 to Launch on Multiple Platforms
The initiative is aiming to bring DAO governance to the music industry.
FATF Publishes Crypto Anti-Money Laundering Guidance
The Financial Action Task Force (FATF) has published its revised guidance for crypto firms, further clarifying the definition of Virtual Asset Service Providers (VASPs), DeFi, stablecoins, and NFTs. Association of Certified Anti-Money Laundering Specialists (ACAMS) Executive Director Rick McDonell discusses the world of crypto and anti-money laundering (AML), breaking down the key points of the recommendations.
Solana Wallets Phantom, Solflare Eye Mobile for Growth
Phantom is launching a wallet app; Solflare’s is already live. Both projects see mobile as critical to expanding crypto’s reach.
Cadenza Ventures Launches $50M Crypto Fund for DeFi and Blockchain Projects
The fund is anchored by Van Eck Associates, with participation from Solana and Dapper Labs.
Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, Regulation
Acting Comptroller of the Currency Michael Hsu breaks down the President’s Working Group on Financial Markets' (PWG) long-anticipated stablecoin report published last week, which proposes rigorous new oversight of stablecoin backing. He shares insights into stablecoins' operational risks, financial and technological innovation, and potential regulatory approaches. Plus, his views on DeFi.