Yearn.Finance’s YFI token crashed over 43% in just five hours, after rallying almost 170% in November.
Headline
Month: November 2023
Former Bithumb chair faces 8-year imprisonment
According to prosecutors, Lee Jeong-hoon intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations.
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
In a recent senate hearing, a cybersecurity professional openly endorsed Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act.
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
3 metrics DeFi traders can watch in order to spot the next crypto bull market
TVL, fee revenue and wallet activity are just three metrics investors can use to assess the health of the DeFi sector.
Dubai’s crypto regulator VARA switches leadership as it ramps up operations
Outgoing head Henson Orser will remain a consultant after Matthew White takes over as the new CEO of Dubai’s Virtual Asset Regulatory Authority.
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain.
Tech firm Republic taps Avalanche for profit-sharing investment note
The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets.
ENS developers urge Unstoppable Domains to drop patents or face lawsuit
ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations.
Bitcoin traders’ BTC price dip targets now include $30.9K bottom
Bitcoin is giving many traders a feeling that a support retest could be next, but BTC price strength is winning out over altcoins.