This week, Trump-backed crypto project is supposedly building on Ethereum and will support lending and borrowing (Coindesk), De-Fi protocol Penpie was exploited for $27M (Coindesk), Uniswap settled with the CFTC over alleged illegal trading practices (Yahoo), and Ripple co-founder endorses Kamala Harris for president (Coindesk).

Alex Weseley

Research

0xKyle

Analyst

At Artemis, providing the most accurate and reliable stablecoin data is our number one priority. Every stablecoin has its own quirks and we take a lot of care to ensure the nuances of various stablecoins are taken into account when calculating metrics.

Sebastian Melendez

Engineering

This week, Telegram cofounder, Pavel Durov, was arrested in France and is under investigation for charges relating to criminal activity on the platform he created (CNN), Maker rebrands to Sky, with DAI rebranding to USDS (Blockworks).

Alex Weseley

Research

Meet Markus at Mento Labs, a decentralized stablecoin platform.

Anthony Yim

Co-Founder & CTO

This week, IP blockchain, Story Protocol raises $80 million at $2.25 billion valuation in round led by a16z (CoinDesk), the SEC rejected Cboe’s filings for SOL ETFs (The Block).

Alex Weseley

Research

This week, crypto risk management startup Chaos Labs raises $55m Series A (Coindesk), El Salvador gets $1.6bn investment from Turkish company that will support the build out of Bitcoin City (Decrypt).

Alex Weseley

Research

This week, Ripple Labs ordered to pay $125 million in settlement with the SEC (Yahoo Finance), Celsius sues Tether for $2.4 billion (Tether).

Alex Weseley

Research

This week, Russia passed a bill to legalize crypto to dodge international sanctions (Reuters), Lido launches "Lido Institutional", a middleware solution for enterprise level staking (X/LidoFinance).

Alex Weseley

Research