DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official
A new Bank for International Settlements (BIS) working paper makes a case for “embedded supervision” that argues regulatory oversight can be built into seemingly untamable decentralized finance (DeFi) systems. “The Hash” team discusses the feasibility of such supervision and regulating open finance.
DeFi Ledgers Can Help Regulators Oversee Sector, BIS Official Says
A new BIS working paper makes a case for "embedded supervision" that argues regulatory oversight can be built into seemingly untamable decentralized finance systems.
Why You Should Consider Pooling Support Behind DeFi’s PoolTogether
A class-action suit winding through New York’s court system is frivolous and counters crypto’s core principles.
CoinShares' Losses From Terra's Slide Hit $21.4M
Liquidating the digital asset firm's position was a "humbling lesson," the CEO said.
Fireblocks Hires Former Bank of England Fintech Chief to Lead CBDC Efforts
Varun Paul will also engage with market infrastructure bodies to explore the benefits of supporting digital assets and participating in DeFi.
Kava Onboards Sushi With $14M in Developer Incentive Funding
The integration will allow Sushi users and developers to have seamless access to the entire $300 billion market value of Ethereum and Cosmos from a single network.
Siam Commercial Bank Is Chasing DeFi Yield Through Compound
The bank’s venture arm, SCB 10X, is using Compound Treasury’s 4% yield service via the Fireblocks custody platform.
New Terra Blockchain Launch Expected Saturday, With LUNA Airdrop to Follow
The move is part of a broader plan to help revive the Terra ecosystem and its related tokens.
State of DeFi: Should Chainlink Oracles Be of Concern?
As the collapse of Terra's ecosystem poses contagion risks across DeFi land, "Proof of Decentralization" Podcast Host Chris Blec unpacks the vulnerabilities and potential consequences of Chainlink oracles relying on multisig and how it could bring down all of DeFi. "This is an intentional point of control that the Chainlink team chose to keep in the protocol," Blec said.
Former Binance Exec on Spurring Crypto Adoption in Emerging Markets
Two former executives of Binance have created a $100 million venture fund with a focus on metaverse and crypto adoption in emerging markets.