How Ethereum 2.0 Can Transform DeFi

For those who didn’t follow the case, the SEC believed ether (ETH) was sold as an unregistered stock, with concerns that it was being sold without following certain rules and protocols. However, Ethereum’s proponents argued that, since the network is decentralized, it does not meet the criteria of an investment contract or security. Source

Inside the Trump Crypto Project Linked to $2M DeFi Hack and Former Pick-Up Artist

Zachary Folkman and Chase Herro – listed in the white paper as World Liberty Financial’s head of operations and its data and strategies lead, respectively – built Dough Finance, a person familiar with the matter said. (Herro used to link to Dough Finance’s Telegram group in his bio on the messaging app, according to a screenshot reviewed by CoinDesk.) Octavian Lojnita, the project’s smart contracts lead, also previously worked on Dough Finance, according to his online resume. Boga, World Liberty Financial’s pseudonymous front-end developer, is listed as an author (under…

Institutional DeFi Needs a BUIDL Moment

Tokenized securities have been hailed as the next-big-thing in crypto since 2018, but the market saw relatively little adoption for years. The value proposition of tokenized securities was obvious, and most platforms had KYC-AML capabilities, but that wasn’t enough to be taken seriously by institutions. During that time, companies like Securitize added institutional-ready capabilities such as broker-dealers, transfer agents, and onboarding institutions, all of which led to BlackRock gaining conviction for the space. BUIDL built on the institutional blocks laid by Securitize, like its transfer agent and broker-dealer capabilities. Source

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial DAI Stablecoin Change

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