After UMA announced on January 17 that it would launch the oracle value extraction tool Oval, its price increased more than 2.5 times in just 5 days.
JinseFinanceExplore the remarkable 90% surge in Uma's token price following the announcement of Oval, a cutting-edge solution targeting MEV in lending protocols. Dive into the mechanics of MEV, Uma's strategic response, and the broader implications for the DeFi space.
WeiliangIn an interview on CNBC on Wednesday, Yellen pointed out that under U.S. law the SEC and the Commodity Futures Trading Commission have tools at their disposal to protect consumers and investors.
OthersThe committee's current ranking member and soon to be chair when the GOP takes over the House in January, Rep. Patrick McHenry expressed his concerns in a letter to Treasury Secretary Janet Yellen.
CoindeskYellen told an event hosted by the New York Times DealBook that it was important to ensure that crypto assets had adequate customer protections.
OthersHer remarks largely echo concerns voiced by banking regulators at two days of congressional hearings.
OthersThe U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation" while some lawmakers are already preparing to propose tougher rules.
CoindeskMajor digital asset manager Grayscale has rejigged its DeFi fund for the second time since its inception in July 2021.
CointelegraphThe U.S. Treasury secretary highlighted the department’s cryptocurrency monitoring efforts during a hearing of the House Financial Services Committee on Wednesday.
CointelegraphThe U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing on Wednesday.
Cointelegraph