DeFi
Biden Administration: Stablecoins Should Be Regulated Like Banks
The long-awaited stablecoin report from the President’s Working Group on Financial Markets (PWG) suggests prudential bank regulators should oversee stablecoin issuers. Rep. Warren Davidson (R-Ohio) shares insights into the U.S. crypto regulatory landscape for stablecoins, custody issues, DeFi, and tether.
FATF Crypto Guidance Looks to Bring Industry in Line With Banks
The Financial Action Task Force (FATF), a global anti-money laundering (AML) agency, has released its updated guidance for firms that handle crypto and virtual assets. “The Hash” team discusses the key takeaways and implications for the future of DeFi regulation.
CREAM Finance Exploited in Flash Loan Attack Worth Over $100M
DeFi money market and lending service C.R.E.A.M. Finance appears to have been the target of a devastating exploit Wednesday morning that drained over $1 billion in funds. “The Hash” panel discusses the possible risks of open finance in what is likely the largest DeFi attack to date.
Why Is the Economist Auctioning Its "Down the Rabbit Hole" Cover as NFT?
The Economist is auctioning its Sept. 18 cover titled "Down the rabbit hole: The promise and perils or decentralised finance" as an NFT. All proceeds go to the Economist Education Foundation, its independent charity. Alice Fulwood, a Wall Street correspondent at The Economist, shares insights into the launch and the possibilities of decentralized web in providing new ways of distributing media.
NEAR Protocol Offers $800M in Grants in Bid for DeFi Mindshare
NEAR, the high-speed and self-styled “climate neutral” chain, has launched a mammoth $800 million grants fund with major tranches earmarked for specific purposes, with DeFi being a major focus of the program. "The Hash" squad discusses the latest development in what may be the first step towards a full DeFi ecosystem.
New Lawsuit Shows Terra’s Do Kwon Was Served by SEC at 2021 Mainnet Conference
Do Kwon, CEO of DeFi platform Terraform Labs, is suing the U.S. Securities and Exchange Commission (SEC) after confirming he was served with an SEC subpoena at Messari’s Mainnet conference last month. “The Hash” team discusses the outlook for crypto projects following the latest ramped up enforcement efforts by U.S. regulators.
Impact of US Bitcoin ETFs on State of DeFi in Asia
Haseeb Qureshi, managing partner at crypto investment firm Dragonfly Capital, discusses the impact of the U.S. ETF landscape on the state of DeFi in Asia. Plus, insights into crypto trading in mainland China and areas of investment opportunities.
Bitcoin Slips From All-Time High
Amar Gautam, founder and CEO of crypto trading data platform Hyperlinq, discusses what to make of this week’s crypto market activity as bitcoin retreats from its all-time high. Plus, insights into the potential impact of bitcoin futures ETFs on BTC price, altcoins, buying opportunities in DeFi, and crypto regulation.
Crypto OG Amir Taaki Announces DeFi Platform 'DarkFi' That Prioritizes Privacy
Amir Taaki, an early bitcoin developer and inventor of Dark Wallet, has announced a new DeFi project called "DarkFi" that prioritizes privacy. "The Hash" hosts discuss the outlook for the "democratic economic experiment" and the possible implications for user protection.
DeFi Pushes North America to Become World’s Second-Biggest Crypto Market
Growth in DeFi has driven North America to become the world's second-largest crypto market. New research by crypto intelligence firm Chainalysis reveals East Asia's share of global crypto transaction volume started dropping in April 2020, long before China's crackdown this year. "The Hash" panel discusses the findings and the role of DeFi in leading the way for crypto adoption.
