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Canada central bank assesses innovations and challenges of DeFi

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The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance.

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Coin Market

Aave mulls Chainlink integration to return MEV fees to users

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The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink’s new oracle service.

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Coin Market

IRS doubles down on crypto staking taxes — Report

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The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards.

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Malaysia flags Atomic Wallet as unauthorized operation

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The wallet service provider was subjected to a more than $100 million hack in 2023.

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