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 Opyn DeFi protocol founders are leaving crypto after CFTC crackdown

Opyn DeFi protocol founders are leaving crypto after CFTC crackdown


Published: 2023-11-14


1. Opyn DeFi Protocol Founders Leaving: Opyn,a decentralized finance (DeFi) protocol,is experiencing a significant change as its founders are stepping down. The article highlights the departure of Opyn's co-founders,Aparna Krishnan and Zubin Koticha,and the resulting impact it may have on the protocol's future. This development has raised concerns among the DeFi community,as the founders played a crucial role in the initial success and growth of Opyn. The article delves into the reasons behind their departure and the potential consequences for Opyn's operations and reputation.

2. Cryptocurrency CFTC Crackdown: The Commodity Futures Trading Commission (CFTC) is intensifying its efforts to crack down on cryptocurrencies,focusing on potential market manipulation and fraud. The article discusses the CFTC's increased scrutiny of the crypto industry,citing recent enforcement actions against individuals and entities involved in illegal activities. The regulatory crackdown aims to protect investors and maintain the integrity of the cryptocurrency market. The article provides insights into specific cases of CFTC enforcement actions and emphasizes the importance of regulatory oversight in the fast-growing crypto sector.

3. Impact on the DeFi Community: The article explores the potential implications of Opyn's founders leaving on the broader DeFi community. Opyn has been widely regarded as a successful decentralized options protocol,providing risk management solutions for DeFi users. The departure of its founders may raise concerns about the project's future development,maintenance,and innovation. The article highlights the interdependence of DeFi protocols and the interconnected nature of the ecosystem. It discusses how the news of Opyn's founders leaving could lead to a reevaluation of investors and users' confidence in the DeFi space. In conclusion,the main topics covered in the article are:

1. Opyn DeFi Protocol Founders Leaving

2. Cryptocurrency CFTC Crackdown

3. Impact on the DeFi Community.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 67,243.64 1,551,191,122.06
2 ARS title=ARS 1,109.30 946,341,781.20
3 ETH title=ETH 3,109.44 734,656,784.50
4 SOL title=SOL 177.79 643,801,319.86
5 PEPE title=PEPE <0.01 177,878,837.06
6 WIF title=WIF 2.70 168,886,651.25
7 XRP title=XRP 0.52 119,495,452.85
8 RUNE title=RUNE 6.90 119,335,362.93
9 DOGE title=DOGE 0.15 99,429,720.07
10 LINK title=LINK 16.50 86,600,307.00
11 BONK title=BONK <0.01 80,903,788.70
12 NEAR title=NEAR 7.89 79,243,234.66
13 FTM title=FTM 0.95 74,465,217.04
14 PYTH title=PYTH 0.44 72,882,812.89
15 BOME title=BOME 0.01 72,459,485.35
16 RNDR title=RNDR 10.39 64,506,865.63
17 ENA title=ENA 0.72 56,750,499.20
18 CREAM title=CREAM 74.24 53,170,674.25
19 UNFI title=UNFI 5.19 49,729,346.77
20 PENDLE title=PENDLE 5.47 46,787,254.54
21 AVAX title=AVAX 36.35 46,725,542.69
22 FLOKI title=FLOKI <0.01 45,331,420.10
23 WLD title=WLD 4.79 42,406,030.49
24 SUI title=SUI 1.13 39,837,948.30
25 PEOPLE title=PEOPLE 0.04 39,609,475.70
26 ORDI title=ORDI 39.67 39,183,982.16
27 AR title=AR 47.55 38,754,076.66
28 ADA title=ADA 0.47 37,220,757.06

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Unifi Protocol DAO title=UNFI 5.19 +31.79
2 Viction title=VIC 0.49 +15.79
3 Pendle title=PENDLE 5.47 +15.72
4 Pyth Network title=PYTH 0.44 +10.66
5 Fantom title=FTM 0.95 +10.20
6 Sui title=SUI 1.13 +9.43
7 Raydium title=RAY 1.97 +9.07
8 Theta Network title=THETA 2.35 +8.67
9 dogwifhat title=WIF 2.70 +7.98
10 Injective title=INJ 26.55 +7.75
11 Gnosis title=GNO 315.50 +6.55
12 Reserve Rights title=RSR <0.01 +5.80
13 Solana title=SOL 177.79 +5.76
14 Cats Of Sol title=COS 0.01 +5.25
15 GMX title=GMX 30.69 +5.14
16 TrueFi title=TRU 0.13 +5.05
17 BEAMX title=BEAMX 0.03 +4.72
18 BinaryX title=BNX 1.14 +4.67
19 Axelar title=AXL 1.03 +4.30
20 LTO Network title=LTO 0.20 +4.22
21 BarnBridge title=BOND 3.04 +4.04
22 IOTA title=IOTA 0.22 +3.81
23 Orion title=ORN 1.40 +3.70
24 Vulcan Forged title=PYR 4.75 +3.60
25 Ampleforth Governance title=FORTH 4.03 +3.50
26 Golem title=GLM 0.53 +3.27
27 BOOK OF MEME title=BOME 0.01 +3.21
28 Mina Protocol title=MINA 0.81 +3.08
29 Pepe title=PEPE <0.01 +3.08
30 THORChain title=RUNE 6.90 +3.02

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Renzo title=REZ 0.10 -10.98
2 Cream title=CREAM 74.24 -10.60
3 Harvest Finance title=FARM 73.74 -10.50
4 OAX title=OAX 0.22 -9.03
5 Alchemix title=ALCX 23.33 -8.01
6 Keep3rV1 title=KP3R 75.29 -7.32
7 ConstitutionDAO title=PEOPLE 0.04 -6.29
8 DeXe title=DEXE 12.16 -5.44
9 Phala title=PHA 0.20 -4.91
10 DIA title=DIA 0.45 -4.67
11 Portal title=PORTAL 0.73 -4.61
12 Polkastarter title=POLS 0.71 -4.13
13 Lisk title=LSK 1.76 -4.04
14 Wanchain title=WAN 0.23 -3.99
15 Celestia title=TIA 8.73 -3.75
16 eCash title=XEC <0.01 -3.42
17 Jito title=JTO 4.26 -3.16
18 Bluzelle title=BLZ 0.28 -3.14
19 Fusionist title=ACE 4.53 -3.10
20 Enzyme title=MLN 20.33 -3.10
21 ORDI title=ORDI 39.67 -3.03
22 Bonk title=BONK <0.01 -2.98
23 Decred title=DCR 19.52 -2.89
24 Chainlink title=LINK 16.50 -2.86
25 0x Protocol title=ZRX 0.54 -2.81
26 PlayDapp title=PDA 0.07 -2.79
27 Grok title=XAI 0.60 -2.71
28 Manta Network title=MANTA 1.47 -2.71
29 Yield Guild Games title=YGG 0.85 -2.67
30 Synapse title=SYN 0.76 -2.62

Bitcoin's Greed and Fear Index.

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70
Greed

Global CryptoCurrency News

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1 Bitcoin bulls take charge as SOL AR GRT and FTM flash bullish signs 2024-05-20
2 Ripple publishes math profs warning public key cryptosystems should be replaced 2024-05-20
3 Crypto exchange Kraken has no plans to delist USDT in Europe for now 2024-05-20
4 Pumpfun exploiter claims he was arrested in UK and now on bail 2024-05-20
5 Spot Ether ETFs will come down to a 5 person vote Gensler the decider 2024-05-20
6 5 of 7 on chain indicators suggest the bull run is just beginning 2024-05-20
7 Microsoft faces multibillion dollar fine in EU over Bing AI 2024-05-19
8 Bitcoins 669K price holds strong casts doubts on a deep correction 2024-05-19
9 Phantom Wallet climbs Apple app store charts Bullish sign for Solana 2024-05-19
10 XRPL on chain transactions jump 108 in Q1 2024 2024-05-19
11 Venezuela bans crypto mining to protect power grid 2024-05-19
12 Bitcoin clings to 67K but analysis warns of 10 BTC price drop next 2024-05-19
13 Tornado Cash verdict has chilling implications for crypto industry 2024-05-19
14 OpenAI leadership responds to former employee safety allegations 2024-05-19
15 Microsoft faces multi billion dollar fine in EU over Bing AI 2024-05-19
16 Bitcoin039s 669K price holds strong casts doubts on a 039deep correction039 2024-05-19
17 Crypto personality pleads guilty to fraud after promising 60 fictitious returns 2024-05-18
18 Aussie admits to promoting BitConnect crypto services without a license 2024-05-18
19 If SEC approves spot Ether ETFs many will be caught severely offside 2024-05-18
20 Genesis Global secures court approval for 3B payout 2024-05-18
21 US authorities bust 73M crypto scam make two arrests 2024-05-18
22 AI safety researchers leave OpenAI over prioritization concerns 2024-05-18
23 What is the Ethereum ETH burn address 2024-05-18
24 LayerZero identifies over 800K addresses in sybil self reporting phase 2024-05-18
25 Godfather of AI advises UK government to start UBI 2024-05-18
26 US Treasury strategy would tighten virtual asset regulations increase AI use 2024-05-18
27 Tornado Cash founder sent to prison DeFis EU struggles Finance Redefined 2024-05-18
28 Ethereum price rallies above 31K after unexpected regulatory victory 2024-05-18
29 Blockchain gaming investments reached nearly 1B in April 2024-05-18
30 Crypto Biz Galaxy CoinShares Q1 results ETFs on the blockchain and more 2024-05-18
31 Alex Labs freezes 39M of exploited funds sent to CEXs after hack 2024-05-18
32 Ghana Singapore conduct trade in semi fungible token pilot project 2024-05-18
33 Changpeng Zhao teases writing project ahead of reporting to prison 2024-05-18
34 Crypto personality pleads guilty to fraud after promising 60 039fictitious039 returns 2024-05-18
35 Biden may rethink SAB 121 vote veto due to political support for crypto 2024-05-18
36 Over 80 of recent Binance token listings are bleeding red 2024-05-17
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46 French regulator warns investors Bybit provided services illegally 2024-05-17
47 Bitwise CIO says BTC ETFs are huge success and 13F filings make him incredibly bullish 2024-05-17
48 Big miners pose a growing existential threat to Bitcoin 2024-05-17
49 VC Roundup Web3 infrastructure tokenization of everything drawing investors 2024-05-17
50 Bitcoin moves toward range highs but derivatives traders watch from the sidelines 2024-05-17

US news that has a significant impact on the market

at news day date time
1 FOMC Member Bostic Speaks Monday 20-05-2024 12:30
2 FOMC Member Bostic Speaks Monday 20-05-2024 13:45
3 FOMC Member Waller Speaks Monday 20-05-2024 14:00
4 FOMC Member Barr Speaks Monday 20-05-2024 14:00
5 FOMC Member Jefferson Speaks Monday 20-05-2024 15:30
6 FOMC Member Mester Speaks Monday 20-05-2024 19:00
7 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
8 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
9 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
10 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
11 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
12 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
13 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
14 Existing Home Sales Wednesday 22-05-2024 15:00
15 Crude Oil Inventories Wednesday 22-05-2024 15:30
16 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
17 Unemployment Claims Thursday 23-05-2024 13:30
18 Flash Manufacturing PMI Thursday 23-05-2024 14:45
19 Flash Services PMI Thursday 23-05-2024 14:45
20 New Home Sales Thursday 23-05-2024 15:00
21 Natural Gas Storage Thursday 23-05-2024 15:30
22 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
23 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
24 Durable Goods Orders m/m Friday 24-05-2024 13:30
25 FOMC Member Waller Speaks Friday 24-05-2024 14:35
26 Revised UoM Consumer Sentiment Friday 24-05-2024 15:00
27 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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