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Weekly News

Coming sooner: ETH devs move up the date for Merge

  • Post author:admin
  • Post published:August 12, 2022
  • Post category:Weekly overview

Ethereum’s transition to Proof-of-Stake is inching ever closer after developers agreed to a tentative date for the mainnet merge. The Ethereum Merge may be coming sooner than planned, after core…

Continue ReadingComing sooner: ETH devs move up the date for Merge

MakerDAO should ‘seriously consider’ depegging DAI from USD: Founder

  • Post author:admin
  • Post published:August 12, 2022
  • Post category:Weekly overview

In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC. MakerDAO founder Rune Chirstensen has…

Continue ReadingMakerDAO should ‘seriously consider’ depegging DAI from USD: Founder

DeFi platform Oasis to block wallet addresses deemed at-risk

  • Post author:admin
  • Post published:August 12, 2022
  • Post category:Weekly overview

Users report that their sessions were disconnected when trying to interact with Oasis with allegedly high risk wallets. According to a new community Discord post on Thursday, decentralized finance platform…

Continue ReadingDeFi platform Oasis to block wallet addresses deemed at-risk

UNCTAD takes aim at crypto in developing world in a series of critical policy briefs

  • Post author:admin
  • Post published:August 12, 2022
  • Post category:Weekly overview

The UN organization is urging countries with emerging economies to implement regulation to head off the potentially destabilizing influence of cryptocurrency. The United Nations Conference on Trade and Development (UNCTAD)…

Continue ReadingUNCTAD takes aim at crypto in developing world in a series of critical policy briefs

Robinhood to face class action lawsuit from meme stock debacle: Report

  • Post author:admin
  • Post published:August 12, 2022
  • Post category:Weekly overview

It's been more than a year, but investors continue to make allegations against Robinhood following the January 2021 controversy around trading GameStop and AMC stocks. Cryptocurrency and stock trading platform…

Continue ReadingRobinhood to face class action lawsuit from meme stock debacle: Report

Maven 11 launches $30M lending pool on Maple as borrowers turn to DeFi

  • Post author:admin
  • Post published:August 12, 2022
  • Post category:Weekly overview

With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs. Netherlands-based crypto investment firm Maven 11 has launched its third…

Continue ReadingMaven 11 launches $30M lending pool on Maple as borrowers turn to DeFi

Cross-chains in the crosshairs: Hacks call for better defense mechanisms

  • Post author:admin
  • Post published:August 12, 2022
  • Post category:Weekly overview

Cryptocurrency security firms, decentralized finance and cross-chain platforms are stressing the importance of improved defense mechanisms after a spate of hacks and exploits targeting the ecosystem. 2022 has been a…

Continue ReadingCross-chains in the crosshairs: Hacks call for better defense mechanisms
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