Flash loan attack: Platypus DeFi loses $8.5M as blockchain security firm CertiK sounds the alarm.
by Avi Eisenberg when he allegedly manipulated the price of Mango Markets’ MNGO coin in October. Eisenberg said shortly after the exploit that he believed “all of our actions were legal open market actions, using the protocol as designed.
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Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFiDemocratic Senator Elizabeth Warren announced at the U.S. Senate Committee on Banking, Housing, and Urban Affairs’ 'Crypto Crash' hearing that she would reintroduce an anti-money laundering bill, which would extend to DeFi, DAOs and other 'decentralized entities.'
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Nomura’s Crypto Arm Invests in Institutional Hybrid DeFi Protocol Infinity ExchangeCORRECTION: Nomura's investment in Infinity Exchange showcases a growing trend of merging DeFi infrastructure and TradFi solutions to enable tokenizing traditional assets and to create blockchain-based markets for institutions. sndr_krisztian reports.
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Nomura's Laser Digital invests in DeFi protocol Infinity ExchangeLaser Digital, the crypto subsidiary of Japanese financial services giant Nomura, invested in Infinity Exchange, a DeFi protocol for institutional lending and borrowing.
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Frax Finance (FXS) Launches veFPIS Staking: What Does This Mean?Frax Finance (FXS), multi-product DeFi ecosystem, introduces novel staking option for its users
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Global Standard Setters Will Team Up to Tackle DeFi Regulation: FSBNEW: The FinStbBoard says DeFi is not so different from TradFi, and plans to coordinate with other international standard setters on how the sector should be regulated. camomileshumba reports.
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BIS-funded regulator to probe DeFi entry points like stablecoinsDeFi entry points, including stablecoins and centralized crypto exchanges, are key elements to consider when assessing global DeFi regulations, the FSB stated.
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