Category: Web3
Blockchains, DeFi, stablecoins, DAOs and the decentralized internet.
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The SEC’s most reliable crypto ally leaves on Friday, and the commission will be down to two
Hester Peirce built much of the SEC’s new approach to crypto, and nobody has been named to finish it.
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Bitget’s hack is now $388 million, and the protocol the thief is using refused to help
Withdrawals are coming back one asset at a time, while the stolen funds move through a protocol that says it cannot pick favourites.
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Aave will now lend dollars against tokenised Nvidia, up to a $29 million limit
Tokenised stocks finally have a use beyond being held, and a cap small enough to show how untested that use still is.
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A third appeals court has ruled on Kalshi’s sports contracts, and Kalshi is now one for three
Federal judges cannot agree whether a bet on a game is a financial product, which leaves the Supreme Court as the likely referee.
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Bitget lost $352 million without anyone stealing a key
The exchange says its protection fund covers every dollar, but it has not said when customers can take theirs out.
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New York sued Polymarket, and Polymarket sued New York back the same day
The state wants three times the company’s gains; the company says only Washington gets to decide what a prediction market is.
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The Fed has written its stablecoin rules, two months after the law said they were due
The central bank wants reserves as safe as cash, and one of its own governors thinks its money laundering bar is set too high.
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KelpDAO is suing LayerZero over the $292 million hack it says LayerZero signed off on
Five months after one of the year’s largest crypto exploits, the fight over who chose the weak setting has moved to a Vancouver courtroom.
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Five market firms want tokenised stocks to come with the shareholder rights attached
A new coalition is drawing a line between owning a share onchain and merely tracking its price, without yet naming a company willing to…
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Washington is weighing joint ventures to sell dollar stablecoins to the rest of the world
The plan would put the US government alongside private issuers in exporting the dollar, and nobody has said which issuers.