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US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review

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The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental.

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Coin Market

RaveDAO’s RAVE token risks another 50% crash amid price manipulation claims

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RAVE is trending inside a descending channel pattern, and is about to test the lower trendline target near $0.30 amid price manipulation concerns.

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ZachXBT asks MemeCore to explain valuation and token supply

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ZachXBT challenged MemeCore to justify its valuation and explain what he claimed is insider-held supply, as the onchain sleuth widened a probe after the RAVE token’s collapse.

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Japan to test government bonds as digital collateral on Canton

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The Japanese Securities Clearing Corporation will test using Japanese government bonds as digital collateral on the Canton network with Mizuho, Nomura and Digital Asset.

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