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Crypto treasury firms mirror CDO risks from 2008 financial crisis: Crypto exec

Crypto treasury firms introduce several layers of risk to an asset class that inherently features reduced or no counterparty risk. Source: https://cointelegraph.com/rss Crypto treasury firms mirror CDO risks from 2008 financial crisis: Crypto exec

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DeFi will survive efforts to make it a walled garden — Fold CEO

Permissionless financial protocols will survive government and corporate efforts to impose traditional financial controls on DeFi. Source: https://cointelegraph.com/rss DeFi will survive efforts to make it a walled garden — Fold CEO

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Tether scraps plan to freeze USDT on five blockchains

Tether has scrapped plans to end USDT on Omni, Bitcoin Cash SLP, Kusama, EOS and Algorand, allowing it to continue in a limited capacity. Source: https://cointelegraph.com/rss Tether scraps plan to freeze USDT on five blockchains

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Elon Musk’s lawyer to chair $200M Dogecoin treasury: Report

Elon Musk’s lawyer Alex Spiro is set to chair a planned $200 million Dogecoin treasury company backed by House of Doge, as memecoin treasury vehicles begin to emerge. Source: https://cointelegraph.com/rss Elon Musk’s lawyer to chair 0M Dogecoin treasury: Report

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PENGU token loses 20% in August amid Pudgy Party game launch

The official crypto token of Pudgy Penguins had a tough month, consistent with a broader decline in NFT markets and digital collectibles. Source: https://cointelegraph.com/rss PENGU token loses 20% in August amid Pudgy Party game launch