Favour Udeo

Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

US SEC Sues Terraform Labs and Do Kwon for Fraud

US SEC Sues Terraform Labs and Do Kwon for Fraud

Do Kwon, the founder of Terraform Labs, and the company have been sued by the U.S. Securities and Exchange Commission for allegedly organizing a multi-billion-dollar crypto asset securities fraud. The US SEC claimed that Kwon and Terraform offered...

FSB Pushes for Worldwide DeFi Regulation

FSB Pushes for Worldwide DeFi Regulation

The Financial Stability Board (FSB), a financial regulator supported by the Bank for International Settlements (BIS), is advocating for worldwide regulations for decentralized finance (DeFi) and has published a report on the risks it poses to financial stability. ...

US SEC Moves to Scrutinize Cryptocurrency Custodians

US SEC Moves to Scrutinize Cryptocurrency Custodians

According to reports, the US Securities and Exchange Commission (SEC) may propose new regulations this week that could impact the services offered by crypto companies to their clients. The report claims that the securities regulator is working on...

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