Tag: onchain
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SEC Commissioner Hester Peirce Clarifies Regulatory Framework for Crypto Vaults and Onchain Lending Strategies
Securities and Exchange Commission (SEC) Commissioner Hester Peirce issued a formal statement on Wednesday addressing the regulatory status of decentralized finance (DeFi) mechanisms, specifically focusing on crypto vaults and on-chain lending strategies. In her address, Peirce emphasized that the mere act of moving financial products onto a blockchain or automating them via smart contracts does…
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Pro Token Holders Face Silence Amid $8.2 Million Exploit as Onchain Security Plunges to Record Lows in H1 2026
If you’re holding Pro token right now, you already know the feeling: refreshing the chart, refreshing X, waiting for the team to say literally anything. This palpable anxiety stems from a significant onchain event unfolding on the Ethereum network, where an exploiter currently controls approximately $8.2 million in USDT. The project behind the drained Pro…
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Phantom Technologies and Hyperliquid Policy Center Urge CFTC to Modernize Regulatory Framework for Onchain Financial Infrastructure
The rapid evolution of decentralized finance has prompted a significant call for regulatory clarity from two prominent players in the digital asset space. Phantom Technologies, the developer behind the widely used Phantom wallet, and the Hyperliquid Policy Center (HPC) have formally submitted a joint comment to the Commodity Futures Trading Commission (CFTC). This filing serves…
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SEC Commissioner Hester Peirce Warns Crypto Vaults and Onchain Lending Strategies May Trigger Federal Securities Laws
The regulatory landscape for decentralized finance (DeFi) continues to face intense scrutiny as Securities and Exchange Commission (SEC) Commissioner Hester Peirce issued a formal statement on Wednesday, July 24, 2024, addressing the legal status of crypto vaults and on-chain lending strategies. Peirce, a figure frequently referred to in the digital asset industry as “Crypto Mom”…
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Pro Token Plunges Amid $8.2 Million Exploit as CryptoDAO Global Maintains Silence, Highlighting Record Onchain Security Failures in H1 2026
The cryptocurrency market is once again grappling with the fallout of a significant exploit, as the Pro token, linked to the CryptoDAO Global project, experienced a substantial drain of approximately $8.2 million in USDT. The incident, detected in real-time by blockchain security firm Blockaid, casts a stark spotlight on the escalating crisis in onchain security,…
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SEC Commissioner Hester Peirce Clarifies Regulatory Framework for Crypto Vaults and Onchain Lending Strategies
The landscape of decentralized finance (DeFi) faced a significant moment of regulatory clarity this week as Securities and Exchange Commission (SEC) Commissioner Hester Peirce issued a detailed statement addressing the legal status of crypto vaults and onchain lending strategies. On Wednesday, Peirce, a figure frequently referred to by the industry as "Crypto Mom" for her…
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HTX Evades UK Sanctions Through Rapid Onchain Wallet Rotation Across Multiple Blockchains According to TRM Labs Report
The cryptocurrency exchange HTX, formerly known as Huobi, has engaged in a sophisticated and continuous effort to circumvent UK sanctions by frequently migrating its on-chain operations to new digital wallets across at least four major blockchain networks. According to a detailed investigative report released by blockchain intelligence firm TRM Labs, this pattern of behavior began…
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Phantom Technologies and Hyperliquid Policy Center Urge CFTC to Modernize Regulatory Framework for Onchain Market Infrastructure
Phantom Technologies and the Hyperliquid Policy Center (HPC) have submitted a joint comment to the Commodity Futures Trading Commission (CFTC), formally requesting that the federal agency overhaul its existing regulatory framework to better accommodate onchain market infrastructure. The filing serves as a direct response to the CFTC’s recent Request for Information (RFI) concerning regulations that…
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