The Curve Finance team told PancakeSwap that it must go through the proper licensing process to collaborate and use code created by Curve. The team behind the Curve Finance decentralized finance (DeFi) platform accused the PancakeSwap decentralized exchange (DEX) of using its code without the proper licensing. The code is tied to the “StableSwap” feature used for swapping stablecoins and “tightly-pegged” assets on PancakeSwap Infinity, the latest version of the PancakeSwap DEX. “If you want to enjoy using stableswap without legal problems and to borrow some of our expertise to keep users SAFU, you still can contact us for licensing and collaboration,” the Curve team said on X. Read more
Alternative investment fund Evergent Investments (EVER.RO) took over via its Ever Imo subsidiary, 50% of the shares and voting rights of North Lake Development, thus securing indirect control over the real estate developer, according to a report to the Bucharest Stock Exchange.
Senator Elizabeth Warren pointed to the SEC's recent settlement with Tron founder Justin Sun, saying “any crypto legislation moving through Congress“ should address corruption. Massachusetts Senator Elizabeth Warren, one of the more outspoken voices in Congress often connecting cryptocurrencies to illicit activities, slammed the US Securities and Exchange Commission’s settlement with Tron founder Justin Sun. In a Thursday notice, Warren accused the SEC of “giving a free pass” to Sun after he “poured $90 million” in crypto investments tied to US President Donald Trump and his family. Sun has invested millions of dollars through token purchases in the Trump family’s crypto platform, World Liberty Financial, and the SEC settled an unrelated case against the Tron founder and his companies for $10 million. Read more