Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit continued to weigh on adoption. Balancer, a decentralized exchange and automated market maker, has proposed winding down the protocol after its post-exploit restructuring failed to generate enough revenue, with its leader…
The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry’s clamored for policies.
Bitcoin pulls back from $79,000 as the Senate prepares to vote on the Clarity Act and oil prices rise.
Some Democrats remain dissatisfied with the bill’s crypto ethics provisions and will be sending a counterproposal just hours before a key procedural vote. Senate Democrats working on the crypto market structure bill are reportedly preparing a counterproposal to the Republicans’ latest revised CLARITY Act text, despite GOP lawmakers describing it as their “last, best and…
The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that failure may slow adoption rather than stop it.
The SEC chair said crypto issuance, transfer agent modernization and custody will form the backbone of the agency’s regulatory push.
One of the top crypto market structure negotiators in Washington says she’s run out of gas on new revisions for the bill she’s worked on for more than five years.
CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights.
Kraken’s new xStocks vaults let investors earn yield on tokenized versions of Nvidia and major US stock market ETFs by lending the assets in DeFi markets.Crypto exchange Kraken has launched onchain yield vaults for select tokenized stocks and ETFs, allowing clients to earn returns by lending the assets through decentralized finance protocols, according to a…
Onchain records show that an $800 million crypto stake that matched Donald Trump’s holding was moved into a vesting contract, locking any sales until 2028 after a mandatory 10% token burn.