Cryptocurrency Analysis and News Portal
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide Russia, threatening to cut
Read More
Historically, ROOK owners had a say over Rook DAO, the governing body that nominally controlled the Rook project (once known as KeeperDAO) since mid-2021. But an entity called Rook Labs has largely taken over management of Rook’s day-to-day operations, creating friction with token holders who felt shunned. Original Source
Read More
Maple is also working on additions to its lending offerings, Powell said during the call. A new feature, internally referred to as Maple Prime, will let borrowers actively manage their collateral positions. The protocol plans to expand into open-term lending, which will let borrowers to open credit lines to borrow
Read More
“Given the governance process in place at Rook DAO, and the inability to accrue value to the ROOK token, I think this is the best compromise we could get for token holders,” the pseudonymous Wismerhill, one of the loudest voices calling for change and a sophon in the new DAO,
Read More
As per the proposal, the Foundation should proceed with its budget plan only after returning the tokens. "This is a symbolic gesture to demonstrate that the governance holders ultimately control the DAO, not the Arbitrum service provider nor the Foundation," said a community member. Voting will end on April 14.
Read More
Jim Rickards, an economist and the author of “Currency Wars,” says the U.S. Treasury is actually the biggest threat to the U.S. dollar’s status as a reserve currency. However, he cautioned that an increasing number of countries seeking alternatives to the dollar as a payment currency is also “a big
Read More
The U.S. Department of Treasury issued a stark warning, stating that the rise of decentralized cryptocurrency markets poses a significant threat to national security, with concerns ranging from illicit activities to financial stability risks. The U.S. Department of Treasury (DoT) recently released a statement expressing concern over the impact of decentralized
Read More
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.” The Treasury’s report warns that defi could threaten national security and calls
Read More
A new report from the United States Treasury Department analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea as well as other scammers are able to exploit vulnerabilities to facilitate money laundering.In its ‘Illicit Finance Risk Assessment of Decentralized Finance’ report released on April 6, the
Read More
The Treasury's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime. Source
Read More