DeFi
There Are Tentative Signs of Revival in DeFi and NFT Markets, JPMorgan Says
Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said.
How Spool Is Aiming to Help Institutions Enter DeFi
SpoolDAO, which wants to help institutions enter decentralized finance (DeFi), has launched v2 of its middleware product. Spool lead contributor Simon Schaber discusses the current demand from TradFi institutions, details on Spool V2 and mitigating some of the risks that come with DeFi for institutional clients.
Crypto Trading Firm Kronos Research Offers 10% Bounty to Hacker
Kronos Research was hacked in mid-November via stolen API keys, with the attacker making off with $25 million.
Ethereum Average Gas Fees Touched Highest Level in Six Months: Kaiko
DeFi activity is picking up, according to a recent report by blockchain analytics platform Kaiko. Wallet data shows the average gas fees on Ethereum touched the highest level in roughly six months recently. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Cross Chain Swap Token FLIP More Than Doubles on First Day of Trading
The token received praise from THORChain developers.
KyberSwap Offers 10% Bounty to Attacker Who Made Off With $50M
The attacker had said negotiations would start when they are "fully rested," and hasn't been heard from since.
What's Next for Ex-Binance CEO CZ? Passive Investing, DeFi
CZ said that he wants to spend more time investing in startups in the DeFi space after taking a break from working for a while.
Could the Bank Secrecy Act Harm Crypto? Coin Center Thinks So
In this episode of Unchained, Peter Van Valkenburgh, director of research at Coin Center, explains why the IRS's proposed broker rule for tax reporting in crypto could harm the crypto industry as well as the security and privacy of users. He explains how Coin Center thinks the IRS should accomplish its aims, and why that would even work for collecting taxes on DeFi gains.
Blockchain Startup Kinto Plans 'First KYC'd' Ethereum Layer-2 Network After Raising $5M
Ethereum layer 2 Kinto network features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions.
Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi
Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time a digital asset is sold.
