New risk assessment guidelines for DeFi protocols unveiled

The assets in question were evidently given to Tether as collateral.

Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation attack. Decentralized finance protocol Zunami Protocol has confirmed it has encountered an attack on its "zStables" stablecoin pools.Blockchain security firm PeckShield was one of the first to detect the possible exploit on Curve on August 13 at 10:47 UTC.…

The platform reported the sales of all its fan tokens have generated more $150 million this year. 425 Total views 3 Total shares Blockchain-based sports platform Chiliz has partnered with the Portuguese Football Federation to release fan tokens on Socios.In a Thursday announcement from Socios, the platform said it will be dropping tokens for the…

Overstock’s blockchain arm tZERO aims to launch a broker dealer service in the United States by the second quarter of 2020. 1328 Total views 34 Total shares Overstock’s blockchain arm tZERO aims to launch its broker dealer service in the United States by Q2 2020.According to an April 30 Forbes article, tZERO Chief Executive Officer…

The United States Federal Reserve (the Fed) is considering the inclusion of this year’s Bitcoin (BTC) market collapse as one of the “salient risks” to be taken into account for its supervisory stress tests. The prospective amendment was revealed as part of a policy statement published on the official federal government daily journal, The Federal…

Seven former top Steem developers have converged to form OpenOrchard, a company seeking to build innovative open-source technologies on top of Hive.Cointelegraph spoke to Andrew Levine, OpenOrchard CEO and former head of communications at Steemit, to find out more about the new project.OpenOrchard emerges after Hive hard forkOpenOrchard has grown out of OpenSeed, a team…

The filing revealed that on Jan. 15, 2023, SBF contacted the current general counsel of FTX US, who could potentially serve as a witness in the trial. 191 Total views 2 Total shares In a letter to Judge Lewis Kaplan, the United States Department of Justice (DOJ) sought the revocation of Sam Bankman-Fried's (SBF) bail,…

The response by the artificial intelligence firms raises questions about how copyright law principles such as authorship, infringement and fair use will apply to content created or used by AI. 741 Total views 23 Total shares Own this piece of history Collect this article as an NFTMidjourney, Stability AI and DeviantArt issued a response on…

While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.