đ Coin Center Says Biden Administration âCriminalizedâ Open Source Code
đ Coin Center Says Biden Administration âCriminalizedâ Open Source Code
Hello Defiers! Hereâs what weâre covering today:
News
Coin Center Says Biden Administration âCriminalizedâ Open Source Code
SushiSwapâs Grey Rebuts Accusations Made âWithout Any Substantial Evidenceâ
Blockchain Indexing Startup nxyz Raises $40M In Funding Led By Paradigm
Special Report: Exploits
Opinion
Podcast
đď¸Wintermute's David Micley Says Institutional Investors Are Here To Stay
DeFi Explainers
Elsewhere
Trending in The Defiant
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Crypto Advocacy
đ Coin Center Says Biden Administration âCriminalizedâ Open Source Code
Advocacy Group Sues Treasury Department for Outlawing Tornado Cash
By Samuel Haig
SANCTIONS The crypto industryâs fight back has begun. Coin Center, a non-profit advocacy organization representing the web3 industry in Washington D.C., sued the U.S. Treasury Department on Wednesday for sanctioning the smart contracts of decentralized crypto mixing protocol, Tornado Cash.
đREAD THE FULL STORY IN THE DEFIANT.IOđ
DeFi Drama
đŁ SushiSwapâs Grey Rebuts Accusations Made âWithout Any Substantial Evidenceâ
Jared Grey Lays Out Detailed Defense of His Record as He Takes Up Post at DEX
By Samuel Haig
RESPONSE Jared Grey has said his piece. And yes, he addressed the horse. In a detailed response published on Thursday, SushiSwapâs new head chef rejected the extraordinary allegations leveled against him this week and defended his record and reputation.Â
đREAD THE FULL STORY IN THE DEFIANT.IOđ
Sponsored Post
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Crypto Fundraising
đ° Blockchain Indexing Startup nxyz Raises $40M In Funding Led By Paradigm
Aims To Tackle Web3âs âBiggest Pain Pointâ
INDEXING It isnât sexy. It isnât a brand-new blockchain or a celebrity-backed NFT collection. But five-month-old crypto firm nxyz has lined up a host of prominent venture capital firms behind its promise of âfast, reliable blockchain indexing.â
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Exploits
đŚšđťââď¸ Attacker Behind $116M Mango Markets Exploit Eyes $65M Bounty
In What May Be A New Record For DeFi, Mango Markets, Temple DAO and RabbySwap All Exploited On Oct. 11
NEWS Mango Markets, a margin trading and lending platform on the Solana blockchain, was exploited to the tune of $116M on Oct. 11, the venture said on Twitter. The attacker managed to inflate the price of the platformâs native MNGO token and drain all the liquidity from the protocol, according to Joshua Lim, Head of Derivatives at Genesis Global Trading.Â
đREAD THE FULL STORY IN THE DEFIANT.IOđ
Opinion
đ§ Why MEV Matters and Other Post-Merge Revelations
PoS Ethereum Will Create Hidden Value But Block Construction is Vital
Guest writer Matt Cutler walks us through the many changes in Ethereumâs blockchain since the shift to Proof of StakeâŚ
FUTURE The Merge was undoubtedly the most significant Web3 network upgrade to date, with implications that go beyond switching consensus mechanisms and reducing energy consumption. In fact, this upgrade was the first step towards a future in which your Ethereum wallet pays you to use it.
đREAD THE FULL STORY IN THE DEFIANT.IOđ
Shoutout
Coinspect is the information security company thatâs been protecting crypto since 2014. Their team of experts conducts in-depth security audits of smart contracts, wallets, and blockchain systems.
DeFi Explainers
đ¤ What Is Lido?
A Step-by-Step Guide to the Staking Powerhouse
STAKING Proof of stake blockchains like Ethereum or Solana rely on economic staking instead of computational Proof of Work to execute transactions and secure the network. The problem is, staking makes funds illiquid when they are locked-in for this purpose.
đREAD THE FULL STORY IN THE DEFIANT.IOđ
Elsewhere
đ Laura Shinâs âThe Cryptopiansâ In The Works As Drama Series From âDangerous Liaisonsâ Producer Playground: Deadline
Crypto page-turner The Cryptopians, written by Laura Shin, is in the works for the small screen.
đ Arbitrum Builder Offchain Labs Buys Prysmatic Labs, a Core Team Behind Ethereumâs Merge: CoinDesk
Offchain Labs, the firm behind Ethereum layer 2 network Arbitrum, said it was acquiring Prysmatic Labs, one of the core engineering teams behind Ethereum's transition to proof-of-stake.
Trending in The Defiant
SushiSwapâs Grey Hit By Wild Allegations of Impropriety Less than a week after SushiSwap sought to end a period of turmoil with the election of Jared Grey as head chef, the decentralized exchange was engulfed in controversy yet again as a series of extraordinary allegations were leveled at its new hire.
Curve DAO Votes To Enable Permissionless Rewards Curve Finance, a decentralized exchange (DEX) that is DeFiâs third-largest protocol with $6B locked in its smart contracts, has concluded a governance vote to allow any project to add token rewards to its factory-deployed gauges.
SEC Probing Yuga Labsâ Issuance of NFTs and Token: Report Yuga Labs Inc., the NFT juggernaut behind the Bored Ape Yacht Club and other splashy collections, is being investigated by the U.S. Securities and Exchange Commission, Bloomberg News reported Tuesday.
đ§âđť âď¸ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Alp Gasimov. Podcast was led by Camila, edited by Alp.
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