Tag: Citing

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Chaos Labs Terminates Aave Engagement Citing Risk Misalignment and Inadequate Funding

The risk management provider exits after three years, marking the third departure of a core contributor in two months.Chaos Labs, the risk management firm...

US Banking Group Slams Coinbase Conditional Trust Approval, Citing Risks in Crypto Banking Expansion – Featured Bitcoin News

Key Takeaways: U.S. banking group criticized OCC’s conditional approval of Coinbase, warning the move could expose U.S. consumers to risk. Coinbase Global’s trust...

Massachusetts City to Weigh Crypto ATM Ban, Citing Financial Risks

The city council of Haverhill, Massachusetts is set to consider a ban on cryptocurrency ATMs following a proposal for an ordinance introduced on March...

UK Bans Crypto Donations to Political Parties, Citing Foreign Interference Risk

An independent government review warned that crypto assets could channel foreign money into British politics.The United Kingdom has imposed an immediate moratorium on all...

Crypto firms are slashing jobs — and they’re mostly citing the same reason – DL News

Crypto firms have laid off hundreds of employees so far this year.They broadly attribute the cuts to AI.It’s unclear if firms are simply window...

OpenSea Delays Token Launch Again, Citing Market Conditions

NFT marketplace shelves March 30 TGE target with no new date, ends rewards campaign, and offers fee refunds.OpenSea has pushed back the launch of...

OpenSea delays launch of SEA token, citing challenging crypto market conditions

OpenSea co-founder Devin Finzer said Monday that the timeline for the launch of the highly anticipated SEA token is being pushed back, as the...

BGD to Leave Aave Citing Governance Tensions

The development team said that disagreements over direction, particularly around Aave V4, drove the decision.BGD Labs, one of the main teams that builds and...

DeFi protocol ZeroLend shuts down after 3 years, citing inactive chains and hacks

Decentralized lending protocol ZeroLEnd is winding down operations after three years, citing unsustainable economics amid inactive blockchains and rising security threats.The protocol, which ran...

Ripple Seeks Fed Payment Account Changes, Citing Implications for RLUSD and XRP Infrastructure

Ripple pushes the Federal Reserve to modernize payment account rules to support stablecoin issuers, arguing targeted reforms could strengthen dollar dominance, reduce systemic risk...

ENS Abandons Its planned Namechain L2, Citing Drastically Lower Gas Costs

Ethereum domain name service provider ENS has canceled plans to launch a layer-2 as part of its ENSv2 upgrade, opting instead to launch a...