UK plans payments rule changes for stablecoins, tokenized deposits
In recent developments, the UK government plans a stablecoin and tokenization rules overhaul, appointing former FCA official Chris Woolard to support work on its digital markets strategy. Looking closer, market…
Dune Data Reveals Close to 50% of Layerzero Apps Use Basic Security
In recent developments, a Dune Analytics report shows that nearly half of Layerzero applications rely on the lowest level of DVN security. The findings raise concerns about cross-chain risk following…
Philippines SEC warns on dYdX, six other unauthorized crypto platforms
In recent developments, promoters of flagged platforms may face fines of up to 5 million Philippine pesos ($89,000) or up to 21 years in prison under Philippine securities law. Looking…
Code is ‘functional’ free speech under the First Amendment: Coin Center
In recent developments, crypto software developers are concerned about whether they could be held criminally liable for publishing their software, following high-profile convictions last year. Looking closer, market participants highlight…
US senator urges delay of CLARITY Act Senate markup until May: Report
In recent developments, uS Senator Thom Tillis said members of the crypto and banking industries still need more time to be heard. The development has drawn attention from traders and…
Arbitrum freezes $71M of Ether connected to Kelp exploit
In recent developments, griff Green, a member of Arbitrum’s security council, said the group acted with input from law enforcement and “did not make this decision lightly.” Looking closer, market…
Singapore’s OCBC launches tokenized gold fund on Ethereum and Solana
In recent developments, the value of tokenized real-world assets on public blockchains is estimated at more than $29 billion, up more than 10% in the last 30 days. Looking closer,…
Aave risk manager models 2 bad debt scenarios from Kelp DAO exploit
In recent developments, the first scenario is far cheaper but runs the risk of rsETH depegging an estimated 15%, while the second is costlier but better protects Ethereum mainnet and…
NY lawmaker proposes ‘AI dividend’ to address potential job losses
In recent developments, the proposed AI dividend would be funded by taxes on AI use and equity stakes in AI companies, paying US citizens if automation meaningfully displaces workers. Looking…
Palantir Faces Backlash Over AI-Driven Military Doctrine
In recent developments, a weekend post summarizing ideas from CEO Alex Karp’s 2025 book reignites debate over Silicon Valley’s role in warfare and national defense. Looking closer, market participants highlight…
