Decentralized finance protocol Pickle Finance lost almost $20 million in DAI in an exploit on Saturday. Pickle Finance is a yield aggregation service similar to the yEarn protocol. The exploit on Saturday appears to involve Pickle Finance’s DAI pJar product, which leverages the Compound protocol to harvest yield with DAI deposits. Funds from the exploit […]
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Chinese president Xi Jinping urged the G20 to adopt an open stance on CBDCs during a speech on Saturday.
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Payments giants Visa and Mastercard run more stringent checks on crypto firms than on other prospective card issuers.
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A proposed rule from the U.S. Office of the Comptroller of the Currency seeks to provide a particular kind of equitable relief to affected businesses: fairer access to banking services.
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