Page 1719 – Stay sly and hodl

Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded

The move followed on the back of Umami making changes to how its value accrual token worked.

Stablecoin Issuer Tether Reports $700M Profit for Q4 2022

Its assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.

DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol

MakerDAO, the DeFi organization that facilitates the generation of the DAI stablecoin, is releasing Spark Protocol – a lending platform that will rival Aave.

Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects

The commitment comes as AI-focused tokens take over the narrative in crypto circles.

Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government

Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn.

Ether Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking Providers

Coinbase CEO Brian Amstrong said Wednesday night he heard rumors about a possible ban on staking providers in the U.S.

Bitcoin Miner Argo Blockchain Loses CEO

The troubled mining firm had to sell its biggest facility to stave off bankruptcy.

Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt

Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF.

Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL

“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday.

Lido DAO Governance Token Surges on Armstrong Comments About SEC Staking Ban

The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities.