DeFi Protocol dYdX Investigates Halt in Block Production
DeFi protocol developer dYdX declared that it is looking into the reason for the recent stoppage of block production during a planned chain update. dYdX released a status report on April 8 at 05:30 UTC, stating that the chain was moving forward with a planned protocol upgrade and that there would be some disruptions to […]
ParaSwap DAO to Compensate Hack Victims
Following a critical vulnerability on the ParaSwap AugustusV6 contract, ParaSwap’s DAO has decided to use treasury cash to repay hack victims. On April 4, the ParaSwap decentralized autonomous organization (DAO) proposed to use its treasury funds to reimburse the AugustusV6 contract vulnerability victims. Following a three-day voting period, 96.81% of ParaSwap voters approved the DAO’s […]
Cboe Seeks SEC Approval to Add ETFs to Mutual Funds
Cboe Global Markets has requested that the Securities and Exchange Commission (SEC) approve a structure enabling issuers to merge exchange-traded funds (ETFs) and mutual funds. A Reuters story from April 4 states that Cboe filed a 19b-4 form seeking approval to add an ETF share class to already-existing mutual funds, enabling a fund structure with […]
BlackRock Adds 5 Wall Street Firms to Bitcoin ETF List
On April 5, global asset manager BlackRock added five major Wall Street firms to its Bitcoin exchange-traded fund (ETF) prospectus. The document modifies BlackRock’s S-1 registration statement with the US Securities and Exchange Commission. Its new members include ABN AMRO Clearing, Citadel Securities, Citigroup Global Markets, Goldman Sachs, and UBS Securities. Virtu Americas, Macquarie Capital, […]
Supreme Court Reverses Do Kwon’s Extradition Case to Lower Court
The Supreme Court of Montenegro overturned Do Kwon’s extradition to either the U.S. or South Korea, which was to be decided by a lower court. The Supreme Court of Montenegro announced on April 5 that it had granted a motion for a stay of proceedings against an earlier ruling that would have permitted Kwon’s extradition […]