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Sushi Requires 'Immediate Action' to Bolster Revenue
News
- Sushi Requires ‘Immediate Action’ To Bolster Revenue
- Grayscale To Consider Tender Offer If ETF Conversion Fails
- Binance Affiliate Poised to Acquire Stricken Voyager for $1B
- Solana DEX Raydium Hacked for $2.2M
Privacy Front
- Aztec Bets Financial Privacy Will Weather Crypto War
- Tornado Cash Passes First Governance Proposal Since Sanctions
DeFi+TradFi
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News
DAO Drama
Sushi Requires ‘Immediate Action’ To Bolster Revenue
Head Chef Grey Proposes Diverting Transaction Fees to Treasury From Stakers
By Samuel Haig

No sooner had Sushi found its footing after a crazy year when it happened again — drama. A governance proposal by Jared Grey, the No. 5 decentralized exchange’s new head chef, has divided the community as its members vote on Monday.
Read the full story in The Defiant
Privacy Front
Aztec Bets Financial Privacy Will Weather Crypto War
Andreessen Undeterred by Regulatory Threats as His Firm Leads $100M Round in ‘VPN for Ethereum’

Aztec founders Zac Williamson and Joe Andrews got the venture firm they wanted. They’re counting on it for the fight ahead. “Marc Andreessen, he’s fought this battle already,” Williamson said, referring to the founder of venture capital firm a16z. “He fought the first generation of this battle in the 90s when basic cryptography was legally considered a munition.”
Read the full story in The Defiant
Sponsored Post

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DeFi + TradFi
Visa Unveils Plans For Auto-Payments From Self-Custodied Wallets
Payments Giant Chooses StarkNet For Proposed Implementation
By Owen Fernau

Paying bills with crypto while on holiday may soon be getting easier. On Dec. 19, payments giant Visa shared plans for auto-payments on StarkNet, a Layer 2 scaling solution for Ethereum.
Read the full story in The Defiant
Enforcement Actions
Tornado Cash Passes First Governance Proposal Since Sanctions
ENS Domain To Be Redirected To Community-Built Interface
By Owen Fernau

Tornado Cash, a privacy protocol which allows users to obscure the flow of crypto assets, has passed its first governance proposal since the U.S. Treasury Department levied sanctions on it in August.
Read the full story in The Defiant
Crypto Funds
Grayscale To Consider Tender Offer If ETF Conversion Fails
CEO Expects Court Decision Early Next Year

Grayscale Investments may seek to launch a tender offer for GBTC shares in the event a court rejects the company’s attempt to turn the world’s largest publicly traded crypto fund into an ETF.
Read the full story in The Defiant
Crypto Deals
Binance Affiliate Poised to Acquire Stricken Voyager for $1B
Binance.US Bid to be Submitted to Bankruptcy Court for Approval
By Samuel Haig

Binance.US, an affiliate of the No. 1 crypto exchange, has won the bidding for Voyager Digital, the digital assets company that went bankrupt in July, the company said on Monday.
Read the full story in The Defiant
Exploits
Solana DEX Raydium Hacked for $2.2M
Protocol’s Admin Keys Likely Compromised

Raydium, a decentralized exchange on the Solana blockchain, was exploited Friday morning for more than $2M.
Read the full story in The Defiant
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Daily Defiant
Grayscale’s Got a Plan
Weekly Recap
SBF Arrested; CZ Under Investigation
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