Chaos Labs taps out as Aave's risk provider, decision ‘not made in haste’
DeFi risk manager Chaos Labs said Aave’s planned migration to Aave V4 introduced risks that it wasn’t willing to assume, while Aave said Chaos wanted to take on full control as the sole risk service provider.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Polymarket drops USDC.e for USDC-backed token in exchange overhaul
Polymarket is upgrading its exchange infrastructure in the coming weeks, introducing new contracts and a USDC-backed token while phasing out a bridged stablecoin.
JPMorgan's Jamie Dimon sees ‘new competitors’ from blockchain, stablecoins
The CEO's annual shareholder letter warned that new tech is reshaping finance, with tokenization and blockchain competitors gaining as the bank scales its own network.
US Senate Banking panel member confirms April timeline for crypto market structure
Acknowledging there was ”still a lot more work to do” before Congress could advance a market structure bill, Senator Bill Hagerty renewed attention starting next week.
Figure Technology's tokenized credit platform could help double stock price: Bernstein
Bernstein says Figure may be undervalued as loan volumes surge and its tokenized credit platform expands, despite recent stock declines and market volatility.