Europe’s new crypto regulations pose existential questions for DeFi

2020-10-06

  The European Commission’s newly proposed cryptocurrency regulations pose a specific risk for the decentralized finance industry, according to industry regulatory adviser XReg Consulting. Adopted by the European Commission on Sept. 24, the proposed Markets in Crypto-Assets, or MiCA, regulations aim to strengthen consumer and investor protection in the crypto industry byRead More →

These stablecoins define 2020 performance

2020-10-01

  Even though Tether [USDT] had been the popular choice among cryptocurrencies with a large fraction of supply share, other stablecoins have all been witnessing growing prominence. Among these was Dai, created via the Maker Dao stablecoin system and USDC. Although the use of Dai was mainly limited to theRead More →

Projects react differently to $200M KuCoin hack

2020-09-27

  Following news of a security breach resulting in the loss of more than $200 million worth of tokens on KuCoin, many projects quickly reacted to prevent users’ holdings from being moved off to other exchanges. Speaking to Cointelegraph, KuCoin Global CEO Johnny Lyu said at least $129 million ofRead More →

Yam plans protocol overhaul despite first successful V3 rebase

2020-09-23

  Yam, the decentralized finance (DeFi) sector’s original food-themed clone protocol, has successfully completed its first rebase since its V3 relaunch. Yam’s relaunch on September 18 followed the spectacular failure of Yam V2 last month — where a bug in the protocol’s unaudited code rendered governance impossible after only twoRead More →