DeFi
Kyber Network Advises Liquidity Providers to Withdraw Funds Amid Vulnerability, Token Drops 2%
Kyber's Elastic product's total value locked has plunged to $61 million from $108 million a day earlier.

Attractive Yields Drive Millions Into DeFi Liquidity Manager Gamma
The protocol's native token has risen to 33 cents from a low of 7 cents this year.

Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
The rebalancing comes as ether rallies off a successful Shapella upgrade.

Potential Implications as U.S. SEC Moves Toward DeFi Oversight
The U.S. Securities and Exchange Commission (SEC) may be coming for decentralized finance (DeFi) as it considers reopening a 2022 proposal that would now explicitly target platforms for those crypto transactions as exchanges that need to be regulated. "The Hash" panel discusses the SEC's latest move and how this might shape future crypto regulation.

How Regulators Around the World View DeFi
The U.S. Treasury Department and the French central bank recently published reports looking at decentralized finance (DeFi) risks and providing recommendations for mitigating them. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses how world regulators are looking at DeFi and the broader crypto markets.

U.S. SEC Moves Toward DeFi Oversight as It Reopens Proposed Regulations
The Securities and Exchange Commission is confirming crypto industry worries that, yes, the proposal last year to widen its view of securities exchanges will fold in DeFi.

Developers Block Potential ‘Eight-Figure’ Exploit Involving Cosmos-Based Ethermint
Ethermint enables the use of Ethereum smart contracts within the Cosmo ecosystem and is employed by several chains, including Cronos, Kava and Canto.

DeFi Protocol Balancer Cuts Budget, Slashes Headcount Ahead of Strategy Pivot
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand.

Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.

Solana Dog Token Darling Bonk Inu Releases BonkSwap DEX
Bonk inu was one of the hottest Solana tokens earlier this year, leading a frenzied market at the time.

