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Latest from Ian Allison
Lido Finance Warns Leverage Is a ‘Hell of a Drug’
After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn’t.

JPMorgan Wants to Bring Trillions of Dollars of Tokenized Assets to DeFi
The bank’s recent tokenization of money market funds with BlackRock dovetails with an institutional DeFi project led by the Monetary Authority of Singapore.

Tesla Board Member Kimbal Musk Says Most DAOs Are Not Actually Decentralized
“Frankly, I think most DAOs are designed to allow the founders to maintain control,” said the founder of food justice charity Big Green DAO.

PayPal's Move to Allow Crypto Transfers to External Wallets the First Step Away From Fiat World, CEO Says
The payment services giant will allow users to turn crypto into fiat for use at any one of 35 million merchant accounts.

American Express Adds First Crypto Product With Abra Rewards Card
A long time in the making, the Abra Crypto Card will be the first Amex cryptocurrency product, said Abra CEO Bill Barhydt.

Fidelity’s Abby Johnson Reaffirms Crypto Commitment in Bear Market
The CEO sees opportunities to buy on a dip.

Ocean Protocol Leans on NFTs to Drive Decentralized Data Markets
Version 4 of Ocean Protocol uses NFTs for more flexible handling and the monetization of curated data sets.

Citadel Securities Is Building a Crypto Trading Marketplace With Virtu Financial: Sources
The effort also includes Citadel’s recent VC backers, Sequoia and Paradigm, with more trading firms to come, according to a source familiar with the plans.

PayPal Ups Crypto Push: Users Can Now Move Coins to Other Wallets and Exchanges
PayPal crypto chief Jose Fernandez da Ponte said plans to let users move their crypto holdings to third-party wallets have been in the works since 2021.

Binance.US Launches Crypto Staking Assault on Rivals Coinbase and Gemini
CEO Brian Shroder also said he would happily hire any of Coinbase’s disappointed applicants or those recently laid off by Gemini.
