harbor

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) has proposed a safe harbor for cryptocurrencies and reforms to the broker-dealer rules. The proposed rule changes could impact the SEC's guidance on broker-dealers, custody, and reporting, potentially allowing cryptocurrency companies to operate in the U.S. with less regulatory oversight and reducing the risk of legal action.The proposed rules include amendments to the Securities Exchange Act to "consider trading crypto assets on alternative trading systems and national securities exchanges," as well as modifications to the "broker-dealer financial responsibility rules," which could alleviate the reporting burden on cryptocurrency companies. While the impact of each proposal on the cryptocurrency industry varies, many proposals indicate that the commission will continue to soften its enforcement approach, establish a safe harbor, and restructure existing regulations to benefit relevant crypto projects.Paul Atkins stated, "This agenda covers potential rule proposals related to the issuance and sale of crypto assets to help clarify the regulatory framework for crypto assets and provide greater certainty to the market. We have withdrawn a series of initiatives from the previous administration that did not align with the goal of regulation being smart, effective, and appropriately calibrated within statutory authority."

ChainCatcher news, the DeFi Education Fund and Andreessen Horowitz (a16z) submitted a proposal to the U.S. Securities and Exchange Commission (SEC), calling for the creation of a regulatory safe harbor for blockchain applications to clarify the applicability of rules as brokers.The proposal mentions that applications meeting the safe harbor criteria must be non-custodial, not provide advice or exercise trading decisions, and the underlying protocols must be decentralized. This move aims to provide developers with the necessary regulatory clarity while ensuring that the SEC can continue to oversee high-risk activities.Previously, the SEC had investigated blockchain applications such as Uniswap, Coinbase Wallet, and OpenSea, but some cases have been dismissed.

ChainCatcher news, according to CoinDesk, U.S. Securities and Exchange Commission Commissioner Hester Peirce stated in an exclusive interview at the end of February that she still believes a "safe harbor" should be established to promote cryptocurrency innovation and is not fixated on it. If people have better ideas, they can propose them. The SEC's goal is to make people genuinely willing to disclose information without worrying that doing so will make them targets of SEC enforcement actions.In addition, Hester Peirce revealed that she had worked with current SEC Acting Chairman Paul Atkins for four years, describing him as someone who likes clear laws and then enforces them.

According to ChainCatcher news, the official announcement states that the AirDAO infrastructure development plan has been completed, and the AirDAO liquid staking platform Harbor has officially launched. As the first liquid staking platform on AirDAO, users can stake AMB and participate in liquidity pools, earning up to 25% annualized yield. The launch of the Harbor platform lays the foundation for the launch of decentralized exchanges and bond markets.

ChainCatcher news, according to CoinDesk, the U.S.-regulated cryptocurrency custody company Anchorage Digital announced a partnership with Hashnote to establish Hashnote Harbor, which will offer return products through a set of derivatives strategies. Hashnote is a digital asset management company established with the support of trading giants Cumberland and DRW.It is reported that both companies have robust qualifications from U.S. regulatory agencies: Anchorage holds a federal banking license issued by the Office of the Comptroller of the Currency (OCC) and is a crypto bank; Hashnote is registered with the Commodity Futures Trading Commission (CFTC) as a Commodity Pool Operator (CPO).

ChainCatcher news, according to Beosin Alert monitoring, the cross-chain stablecoin protocol Harbor Protocol was attacked, resulting in the theft of 42,261 LUNA, 1,533 CMDX, 1,571 stOSMO, and 18.6 trillion WMATIC-WEI.ChainCatcher previously reported that the Cosmos ecosystem cross-chain stablecoin protocol Harbor Protocol tweeted that it was attacked in the past few hours, with stablecoin minting and some funds from the stOSMO, LUNA, and WMATIC vaults being stolen.

ChainCatcher message, the Cosmos ecosystem cross-chain stablecoin protocol Harbor Protocol tweeted that it was attacked in the past few hours, resulting in the theft of stablecoin minting and some funds from the stOSMO, LUNA, and WMATIC vaults.Harbor Protocol stated that it is currently calculating the losses and tracking the stolen funds.

ChainCatcher news, the Cosmos ecosystem cross-chain stablecoin protocol Harbor Protocol will start distributing the HARBOR token airdrop to eligible stakers and liquidity providers on chains and pools from December 5, 2022. The total number of airdropped tokens is 150 million, accounting for 15% of the total supply of HARBOR tokens. The airdrop is divided into two parts: the first 20% will be airdropped in the form of HARBOR tokens, allowing users to participate in the governance and operations of the Harbor protocol; the remaining 80% of the tokens will be airdropped in the form of veHARBOR, with a lock-up period of 4 months, starting after completing tasks.It is reported that the Harbor Protocol launched its mainnet on November 25, and the protocol can lock assets listed on the whitelist in a treasury and mint CMST for them at different interest rates. (source link)