Coinbase denies listing securities, says SEC should provide regulatory framework

Coinbase has strongly denied that it listed securities on its platform, according to a July 21 blog post by Paul Grewal, the firm’s Chief  Legal Officer. 1/ Coinbase doesn’t list securities. Period. ⬇️ — paulgrewal.eth (@iampaulgrewal) July 21, 2022 SEC classifies nine crypto assets as securities The Securities and Exchange Commission (SEC), in a July…

DeFi tool Cream Finance hit for over $18 million. Suffers second hack in six months

Decentralized finance (DeFi) lending protocol Cream Finance has announced it lost millions worth of Amp token (AMP) and Ethereum (ETH) in a recent flash loan attack. The attack is being investigated by a blockchain security company PeckShield that discovered the exploited vulnerability and continues monitoring the flagged address. No other markets affected “C.R.E.A.M. v1 market…