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DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends

Gauntlet, a prominent player in decentralized finance (DeFi) risk management, has experienced a significant exit of $380 million following the conclusion of a promotional campaign by the cryptocurrency exchange OKX. The campaign aimed to attract users and boost engagement but has now ended, leading to the substantial withdrawal of funds from Gauntlet. This event highlights the volatility and risks associated with DeFi projects, particularly in the context of promotional activities. Gauntlet's exit underscores the challenges faced by DeFi platforms in maintaining user trust and capital amid changing market dynamics.

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Crypto markets – and the American people – deserve clarity

The article emphasizes the need for regulatory clarity in the cryptocurrency markets to protect investors and foster innovation. It highlights the current confusion surrounding regulations, which can hinder the growth of the crypto industry in the U.S. The author argues that clear guidelines would benefit both the market and

Gemini Shares Rise After Hours as Investors Back Shift Beyond Crypto Trading

Gemini's shares experienced an increase in after-hours trading as investors reacted positively to the company's strategic shift beyond traditional cryptocurrency trading. The exchange is expanding its offerings to include services such as wealth management and other financial products. This diversification aims to attract a broader customer

Bitcoin Trails Money Supply Growth as Energy Costs and Rates Bite

Bitcoin's growth is lagging behind the expansion of the money supply, primarily due to rising energy costs and increasing interest rates. The cryptocurrency's value has been negatively impacted as investors grapple with higher inflation and tighter monetary policies. Analysts note that the correlation between Bitcoin and

Crypto Clarity Act inches toward Senate hearing as lawmakers weigh legislative trades

The Crypto Clarity Act is progressing towards a Senate hearing as lawmakers consider new regulations for the cryptocurrency industry. This legislation aims to provide a clearer framework for digital assets, addressing issues such as classification and oversight. Supporters believe it will foster innovation while ensuring consumer protection. The move reflects

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Crypto markets – and the American people – deserve clarity

Gemini Shares Rise After Hours as Investors Back Shift Beyond Crypto Trading

Bitcoin Trails Money Supply Growth as Energy Costs and Rates Bite

Crypto Clarity Act inches toward Senate hearing as lawmakers weigh legislative trades