tgoop.com/BinanceResearch/698
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Highlights 🧵:
1/ Uniswap Labs settled US$175K charges with the U.S. Commodity Futures Trading Commission (CFTC) over illegal derivatives trading. The CFTC stated that Uniswap Labs allowed users to trade leveraged tokens without proper registration, violating commodities laws.
2/ Mastercard launched a euro-denominated crypto debit card in partnership with Mercuryo, to enable spending from self-custodial wallets. Following a pilot of a crypto debit card with the major self-custodial MetaMask wallet in August, Mastercard remains committed to eliminating the barriers between blockchain and conventional payments.
3/ Penpie encountered a security exploit that resulted in a US$27M loss in assets, including wstETH, sUSDe, agETH, rswETH, and other Pendle-related YT tokens. In response, the Pendle team swiftly paused their contracts, preventing a further loss of US$105M in assets that could have been further drained.
BY Binance Research
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