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FATF shifts stablecoin oversight to secondary markets, expands monitoring beyond on- and off-ramps: Financial Action Task Force
Regulation & Politics

FATF shifts stablecoin oversight to secondary markets, expands monitoring beyond on- and off-ramps: Financial Action Task Force

The FATF's latest report pivots regulatory focus from deposit/withdrawal monitoring to tracking peer-to-peer transactions across personal wallets, with issuers now expected to freeze illicit assets on-chain.
Synthetix extends sUSD rewards on Infinex for 8 weeks as mainnet launch approaches: Synthetix
DeFi

Synthetix extends sUSD rewards on Infinex for 8 weeks as mainnet launch approaches: Synthetix

Synthetix has extended its sUSD deposit rewards campaign on Infinex for 8 weeks, supporting peg stability as the protocol enters its mainnet public launch phase.
Crypto lender BlockFills files for Chapter 11 bankruptcy: BlockFills
CeFi

Crypto lender BlockFills files for Chapter 11 bankruptcy: BlockFills

BlockFills has filed for Chapter 11 bankruptcy in the US after suspending deposits and withdrawals last month amid poor market conditions.
Aave launches 'Aave Shield' following $50M token swap loss: Aave
DeFi

Aave launches 'Aave Shield' following $50M token swap loss: Aave

Aave is rolling out a new protective feature called 'Aave Shield' after a trader lost $50 million swapping USDT for AAVE due to illiquid market conditions.
Spark Protocol votes to reactivate WBTC collateral and expand liquidity layer: Sky Ecosystem
DeFi

Spark Protocol votes to reactivate WBTC collateral and expand liquidity layer: Sky Ecosystem

The Spark Foundation has proposed re-enabling WBTC as collateral on SparkLend and adding new rate limits and pools to its liquidity layer following a 1.5-year operational review.
Venus Protocol exploited for $3.7M through supply cap manipulation: On-chain analysis
Hacks

Venus Protocol exploited for $3.7M through supply cap manipulation: On-chain analysis

A threat actor bypassed Venus Protocol's supply caps using Thena tokens to borrow multiple assets in what analysts suspect was a flash loan or price manipulation attack on BNB Chain.
SEC and CFTC Sign Memorandum to Coordinate Crypto Regulation: Agencies
Regulation & Politics

SEC and CFTC Sign Memorandum to Coordinate Crypto Regulation: Agencies

The SEC and CFTC have signed a memorandum of understanding to establish a unified regulatory approach to digital assets.
Ethereum Foundation Sells 5,000 ETH for $10.2M in OTC Deal: Ethereum Foundation
Markets

Ethereum Foundation Sells 5,000 ETH for $10.2M in OTC Deal: Ethereum Foundation

The Ethereum Foundation completed a $10.2 million over-the-counter sale of 5,000 ETH to BitMine at $2,042.96 per token as part of treasury management.
F1's Multi-Million Crypto Sponsorships at Risk as Middle East Conflict Forces Race Cancellations: FIA
Markets

F1's Multi-Million Crypto Sponsorships at Risk as Middle East Conflict Forces Race Cancellations: FIA

Two Formula One races in the Middle East face cancellation due to ongoing regional conflict, threatening major cryptocurrency sponsorship deals with F1 teams.
Sky TVL Surges 38% in March
DeFi

Sky TVL Surges 38% in March

Sky is now the fourth-largest DeFi protocol as RWA-backed yields drive inflows.