DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism
The Aave community has favorably voted on a proposal to permit Lido DAO to distribute token rewards across liquidity pools on three networks.
Dubai Mandates Licensing for Crypto Companies as It Sets Out Regulatory Requirements
A set of rulebooks published by the Virtual Assets Regulatory Authority lays out requirements for crypto firms covering everything from issuance and exchange services to advertising.
The Ordinals Protocol Has Caused a Resurgence in Bitcoin Development
The non-zero probability of NFTS fueling bitcoin’s next bull run cannot be ignored, the report said.
Signature Bank Sued for ‘Substantially Facilitating’ FTX Comingling
Signature “knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet,” according to a court filing.
UK Banks Blocking Crypto Access Given Fraud, Volatility, Lawmakers Told
Finance CEOs welcomed new crypto regulations but were wary about the risks of a central bank digital currency.
DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy
Over 18 million tokens after the demand for the recovery tokens saw prices surge to as much as $113.
North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters
The estimated value of stolen crypto asset ranges from $630 million to more than $1 billion.
Crypto Custody Tech Firm Metaco Taps IBM Execs to Revamp Institutional Push
The Swiss crypto tech provider hired IBM’s Peter DeMeo as head of product, as well as former IBM lead architect, Angel Nunez Mencias.
DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times
Digital Currency Group (DCG) has started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount.
Uniswap DAO Approves Boba Network Deployment in Latest Community Vote
The proposal submitted by Boba Foundation and FranklinDAO was backed by organizations such as GFX Labs, Blockchain at Michigan, Gauntlet and ConsenSys.