Crypto Lending Protocol Maple Finance to Return to Solana and Open Cash Management Solution
Crypto lending protocol Maple Finance is returning to Solana and open-sourcing its cash management solution. The new product provides on-chain treasury management solutions for clients such as DAOs and web3 companies. Cash management solutions simplify the process of accessing US Treasury yields. Solana-based protocols such as stablecoin issuer UXD, perpetual protocol Drift, and DeFi lending protocol Solend have committed to using lending pools. It is reported that Maple is one of many crypto...
Financial Conduct Authority of the United Kingdom: British encryption companies will be required to …
The UK Financial Conduct Authority (FCA) announced that from September 1, 2023, crypto asset businesses in the UK will be required to collect, verify and share information about the transfer of crypto assets, known as the "travel rule". The rule aligns the practice of sending and receiving transactions by crypto asset businesses with common practice in other financial services sectors. To further support crypto asset businesses, the FCA said it has been working with industry, the Joint Money ...
US judge allows SEC to question Daniel Shin about Terraform and gather evidence from payments compan…
U.S. District Judge Jed Rakoff ruled that the U.S. Securities and Exchange Commission (SEC) could seek the assistance of the South Korean government to question Terraform Labs co-founder Daniel Shin and collect evidence from payments firm Chai Corp. The SEC wants to question Shin and obtain documents from Chai to help prove its allegations against Terraform and its former CEO, Do Kwon. Do Kwon, who is currently serving a four-month sentence in Montenegro for possessing a false passport, faces...
Crypto Lending Protocol Maple Finance to Return to Solana and Open Cash Management Solution
Crypto lending protocol Maple Finance is returning to Solana and open-sourcing its cash management solution. The new product provides on-chain treasury management solutions for clients such as DAOs and web3 companies. Cash management solutions simplify the process of accessing US Treasury yields. Solana-based protocols such as stablecoin issuer UXD, perpetual protocol Drift, and DeFi lending protocol Solend have committed to using lending pools. It is reported that Maple is one of many crypto...
Financial Conduct Authority of the United Kingdom: British encryption companies will be required to …
The UK Financial Conduct Authority (FCA) announced that from September 1, 2023, crypto asset businesses in the UK will be required to collect, verify and share information about the transfer of crypto assets, known as the "travel rule". The rule aligns the practice of sending and receiving transactions by crypto asset businesses with common practice in other financial services sectors. To further support crypto asset businesses, the FCA said it has been working with industry, the Joint Money ...
US judge allows SEC to question Daniel Shin about Terraform and gather evidence from payments compan…
U.S. District Judge Jed Rakoff ruled that the U.S. Securities and Exchange Commission (SEC) could seek the assistance of the South Korean government to question Terraform Labs co-founder Daniel Shin and collect evidence from payments firm Chai Corp. The SEC wants to question Shin and obtain documents from Chai to help prove its allegations against Terraform and its former CEO, Do Kwon. Do Kwon, who is currently serving a four-month sentence in Montenegro for possessing a false passport, faces...

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Yuga Labs co-founder Greg Solano announced on Twitter that he will return as CEO of Yuga Labs. Yuga subsidiary BAYC LLC has been established and will be responsible for all BAYC related matters. There is still a lot of work to be done on Otherside, especially to enhance the user experience. According to previous news, on December 19, 2022, Yuga Labs appointed Daniel Alegre, former president and chief operating officer of Activision Blizzard, as CEO. Daniel Alegre has participated in the development of well-known games such as "Call of Duty", "World of Warcraft", "Diablo", "Overwatch" and "Candy Crush".
Yuga Labs co-founder Greg Solano announced on Twitter that he will return as CEO of Yuga Labs. Yuga subsidiary BAYC LLC has been established and will be responsible for all BAYC related matters. There is still a lot of work to be done on Otherside, especially to enhance the user experience. According to previous news, on December 19, 2022, Yuga Labs appointed Daniel Alegre, former president and chief operating officer of Activision Blizzard, as CEO. Daniel Alegre has participated in the development of well-known games such as "Call of Duty", "World of Warcraft", "Diablo", "Overwatch" and "Candy Crush".
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