# Beanstalk Farms loses 2M in DeFi governance exploit

# Beanstalk Farms loses $182M in DeFi governance exploit

” Beanstalk Farms loses $182M in DeFi governance exploit “ Credit-based stablecoin protocol Beanstalk Farms lost all of its $182 million collateral from a security breach caused by two sinister governance proposals and a flash loan attack. The problem for the protocol was seeded by suspicious governance proposals BIP-18 and BIP-19 issued on April 16…

Read More
# Ripple CEO: SEC case is going ‘much better than I hoped’

# Ripple CEO: SEC case is going ‘much better than I hoped’

” Ripple CEO: SEC case is going ‘much better than I hoped’ “ Ripple CEO Brad Garlinghouse is increasingly optimistic that the long-running case with the Securities and Exchange Commission (SEC) will deliver a positive result for the blockchain-based global payments company.  Speaking on the main stage at Paris Blockchain Week on Thursday, Garlinghouse told…

Read More
# Yellen alleges crypto has not been used for significant Russian sanctions evasion so far

# Yellen alleges crypto has not been used for significant Russian sanctions evasion so far

” Yellen alleges crypto has not been used for significant Russian sanctions evasion so far “ United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed on Russian oligarchs and government agencies. Yellen was asked repeatedly about digital asset…

Read More