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Labor Department rescinds Biden-era guidance for crypto in 401(k) plans

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Tag: financial

SushiSwap Experiment Serves Harsh Lesson for DeFi Community
SushiSwap’s anonymous creator abandoned the project after cashing in on $13 million of tokens allocated to the development fund. Control of the project now rests in the hands of Sam Bankman-Fried of...

Curve’s Troubled Governance Is a Warning for Other DAOs in DeFi
Several yield farming schemes this summer have made many users rich. But when it comes time to vote on protocol improvements with their newly-earned governance tokens, many farmers have been silent. ...

Ampleforth Extends Yield Farming Incentives on Uniswap
In a boost to AMPL farmers, the Ampleforth Foundation has announced a fresh yield farming scheme scheduled to go live next week. The first initiative caused an exponential rise in AMPL’s valuation, ...

Serum Enlists Expert Market Maker Jump Trading for DEX Liquidity
FTX’s new non-custodial crypto exchange, Serum, mobilized Jump Trading to provide liquidity on the exchange. This move ensures Serum has the liquidity to scale adoption to a wider audience. Market M...

Hegic: A New Age Options Trading Protocol
Hegic is an options trading protocol built on the Ethereum blockchain. Users can buy or sell call and put options using Hegic. It is entirely on-chain, permissionless, and non-custodial – as all DeF...

DeFi Lending Project Teller Finance Taps Chainlink for Unsecured Loans Product
DeFi lending project Teller Finance has announced its upcoming integration with Chainlink. The oracle provider will provide Teller with three cryptocurrency price feeds via its Price Reference Data or...

Fed’s Inflation Target Is Good for Bitcoin, But Investors Will Have to Wait
On Thursday, Federal Reserve Chairman Jerome Powell announced the central bank’s desire to increase inflation. Bitcoin’s price didn’t respond immediately, but the next decade looks bright for th...

yEarn Finance Is Turning Every DeFi Trader into a Whale
A mini-revolution is brewing in DeFi thanks to yEarn Finance⁠, giving retail investors the chance to participate in the most lucrative yield farming opportunities. From Humble Beginnings Crypto Brie...

DeFi Review: What Is Nexus Mutual? Introduction to NXM
Nexus Mutual offers DeFi investors “cover” or “protection” for specific activities within the crypto ecosystem. It’s essentially insurance, but for legal reasons, the team isn’t allowed to...

Top Investors Bet $7 Million that DeFi Will Move to Polkadot Network
Acala, a DAO established on the newly-launched Polkadot network, has announced a successful series A funding from 15 high profile investors, such as Pantera Capital, Arrington XRP Capital, ParaFi Capi...