Curve’s Stablecoin Trades Within 0.5% Range For First Month

MakerDAO Mulls Proposal To Boost DAI Savings Rate

This week we had the serious issue of the 

 on the other, with a Gensler coin to bridge both ends (lol).

SEC chair Gensler dodged the question of whether ETH is a security

 while testifying on Capitol Hill. The SEC has sued crypto exchange Bittrex for allegedly selling unregistered securities, and is revisiting a potential 

 that may categorize many DeFi protocols as exchanges. Also, Congress is set to discuss a revived stablecoin bill on Wednesday.

 over 500x in just a few days. The excitement has called the attention of NFT traders, who are now trying their skills in the shitcoin arena.

In the unfortunately common “hacks” beat in crypto, an unknown wallet-draining exploit has security researchers perplexed after

And speaking of hacks, we have a sobering analysis — according to data we crunched,

 DeFi protocols that suffer hacks rarely recover

In markets, BTC and ETH are down about 10% in the past 7 days.

founder Sidney Powell, about creating a compliant DeFi which can help bring institutions over.

🔒 PREMIUM SUBSCRIBERS GET THE FULL VERSION OF THE WEEKLY RECAP BELOW. THANK YOU FOR YOUR CONTINUED SUPPORT OF INDEPENDENT JOURNALISM FOR WEB3!

Bringing Institutions and Businesses to DeFi

. Maple is a DeFi platform that offers uncollateralized loans and facilitates interactions between institutional borrowers and lenders. In our conversation we dive into Sidney’s background, how uncollateralized loans work, how the bear market affected Maple, the benefits of blockchain-based financial systems and more.

Looping Staked ETH with Metronome Smart Farming

💥Is it Meme Coin season? 🐸 (PEPE COIN, WOJAK COIN, AIDOGE COIN, & MORE?)

It seems we have the beginnings of a new meme coin season upon us. It’s been a rough couple of months for meme coins, but most have been on a tear over the past week. Maybe you want to know what’s pumping, or maybe you want to know about the latest hare-brained tokens — either way, we’ll get beyond the blue-chip meme coins today to give you an overview of crypto’s least-serious land.

🚨Bittrex Sued By The SEC (SECURITIES: ALGO, OMG, DASH, TKN, NGC, IHT)

The SEC alleges Bittrex sold unregistered securities such as Algorand’s ALGO token, OMG, DASH, TKN, NGC and IHT. Those tokens should be considered securities because the people who bought them “invested in a common enterprise” and had a “reasonable expectation of profit based on the efforts of others, according to the SEC.

🐸What’s next for Meme Coins? ($PEPE, $WOJAK) // Testimony of Gary Gensler

Most DeFi Protocols Fade After They’re Hacked, Analysis Shows

 A survey of the top five hacks in dollar terms shows that each protocol’s total value locked is down by at least 96 since it was hacked.

Tornado Cash Developer To Be Released Next Week

 Alexey Pertsev, a developer of the sanctioned privacy mixer Tornado Cash, will be released from jail on 

 but will remain under house arrest until his trial, according to CryptoCanal founder Eléonore Blanc.

 Could it be that NFT holders craving for an adrenaline rush that JPEGs just aren’t delivering in this market, are turning to memecoins? Some say yes.

Synthetix Volume Surges on Optimism Incentive Program

 Volume on Synthetix is surging after the decentralized derivatives exchange started distributing Optimism tokens.

Société Générale Launches Euro Stablecoin

 In one of the most significant efforts by a major financial institution to embrace blockchain technology, a subsidiary of Societe Generale, Europe’s 7th largest bank, has launched a euro-pegged digital asset.

Unknown Exploit Has Drained Over $10M In The Past Five Months

 A sophisticated wallet drainer has stolen more than $10M worth of assets since December 2022 across 11 different blockchains.

KyberSwap Discovers Critical Bug In ‘Elastic’ AMM

 Kyber Network, a decentralized exchange and aggregator operating on multiple chains, 

cted liquidity providers (LPs) to withdraw their liquidity from KyberSwap’s Elastic platform after discovering an undisclosed vulnerability on Apr. 17.

PEPE Rallies 500x As Investors Pile Into New Wave Of Memecoins

 named after the cartoon character turned memetic icon Pepe the Frog, has ascended to a market capitalization of $86M in less than five days, making it the sixth-most valuable memecoin, going by a list from 

Gensler Refuses To Call Ether A Security At Congressional Hearing

 SEC Chairman Gary Gensler repeatedly declined to say whether Ether, the world’s second-largest cryptocurrency, is a security during a Congressional 

 Uniswap, the leading decentralized exchange by trade volume, is poised to deploy its V3 iteration on Polygon’s newly launched zkEVM Layer 2 network after a unanimous governance 

SEC’s Bittrex Lawsuit Says ALGO, DASH are Unregistered Securities

 Decentralization doesn’t exempt a protocol or token from SEC oversight, the regulator suggested in a 

 filed against crypto exchange Bittrex on Monday.

“Everybody” Should be Concerned About the SEC’s Proposed Rule Change for DeFi

 “Everybody,” from decentralized exchanges to open source developers should be worried about a proposed rule change from the SEC, said Miller Whitehouse-Levine, CEO of the DeFi Education Fund.

 Some stablecoin issuers would have to register with U.S. authorities and provide monthly proof their tokens are fully backed by cash and other easy-to-sell assets, according to a 

 that lawmakers will discuss at a hearing on Wednesday.

This week we had the serious issue of the regulatory landscape for crypto in the US on one extreme, and a memecoin rally on the other, with a Gensler coin to bridge both ends (lol).

SEC chair Gensler dodged the question of whether ETH is a security while ...

Gensler & Memecoins: DeFi Week of April 17