Ledger Works

01/31/2025

🚨 Big news in crypto regulation: The SEC's new Crypto Task Force, led by 'Crypto Mom' Hester Peirce, marks a shift towards clearer, innovation-friendly rules. Could this be the start of a balanced crypto framework? 🌐 Read more:

On Tuesday, acting SEC Chair Mark Uyeda announced the creation of a Crypto Task Force to devise a “sensible regulatory path” for the $3 trillion...

01/30/2025

🚀 The race is on! 11 U.S. states are gearing up to establish Bitcoin reserves, signaling a bold step towards crypto adoption. Are state-backed BTC reserves the future of finance? 🌐 Read more:

Several U.S. states are moving forward with legislation to allocate public funds to Bitcoin while the crypto committee still deliberates.

01/30/2025

🚨 Coordinated Exploits Threaten Trading Platforms 🚨A recent article highlights how organized groups exploit prop trading firms using arbitrage schemes to guarantee profits without actual trading skills. These coordinated efforts disrupt platform operations and create significant financial and reputational risks for affected firms. The growing sophistication of these schemes highlights the importance of LWorks' strong monitoring and risk management systems are needed by DeFi to maintain fairness and integrity in trading environments.

Multiple prop firms have publicly spoken out against the arbitrage exploitation of their platforms. Additionally, several groups are offering services that claim to guarantee profits from prop trad... | Finance Magnates

01/29/2025

The SEC's recent decision to rescind SAB 121 removes a significant barrier, allowing banks to hold cryptocurrencies. As traditional finance embraces digital assets, LedgerWorks offers robust risk management solutions to navigate this evolving landscape.

The regulator's decision to rescind SAB 121 removes a key accounting barrier that could accelerate traditional banks' entry into crypto custody services.

01/23/2025

Over 10 crypto ETFs filed for areas including SOL, Futures, and an Index Fund, all as SEC Chair Gensler steps down 🚀 A more crypto-friendly regulatory era could reshape DeFi opportunities. LWorks empowers DeFi businesses to navigate these shifts with advanced risk management solutions. Are you prepared?

On Jan. 17, just days before Gary Gensler's final day as SEC chair, a flood of cryptocurrency ETF filings were submitted to the U.S. Securities and Exchange Commission (SEC).

01/22/2025

EU regulators highlight DeFi risks in the EBA & ESMA joint report: rising hacks, ML/TF vulnerabilities, and lending leverage under MiCAR. Learn why a robust risk management strategy is key to navigating the future of DeFi.

The EBA and the ESMA have published a joint report examining trends and developments in the crypto-asset market.

01/16/2025

📊 Macro trends move crypto markets. With Inflation reports (CPI & PPI) dropping this week, volatility could hit Bitcoin, ETH, and DeFi protocols hard.🛡️ LWorks helps DeFi platforms stay resilient by optimizing on-chain risk models and protecting against liquidation risks in volatile markets. https://buff.ly/4gRdsla

01/15/2025

🚨 Another DeFi exploit strikes: UniLend lost $197K due to collateral calculation flaws. LWorks’ real-time on-chain risk management prevents these scenarios by applying best-in-class AI models to dynamically adjust collateral factors, ensuring secure DeFi operations.

Web3 security firm TenArmorAlert has reported a suspicious attack on UniLend Finance, a DeFi platform, which led to a loss of up to $197K.

01/14/2025

🚨 Mango Markets is shutting down after a massive $117M exploit and failed recovery efforts. This collapse highlights a hard truth: DeFi risk isn't just a possibility—it's inevitable without real-time risk management.👉 Protect your protocol before it’s too late.

Mango Market shuts down after $117M exploit, user must close positions by January 13, 2025, as the platform prepares for closure.

01/10/2025

As MiCA regulation reshapes Europe, crypto businesses are pivoting to the US for clarity, while Hong Kong sets key legal precedents for DAOs. This article highlights where crypto laws are evolving fastest—and where your risk strategy must adapt. At LWorks, we help DeFi companies navigate these shifts with real-time risk intelligence to stay compliant & competitive. https://buff.ly/4gI7C5A

01/09/2025

DeFi is poised for mainstream adoption 🚀 — but security is key to attracting institutional money. With ongoing exploits and smart contract risks, the protocols that thrive will be those with proven risk controls. LWorks helps DeFi projects mitigate risk and build trust.

DeFi could become the next big opportunity for institutional investors thanks in part to the incoming pro-crypto government in the US.

01/07/2025

💡 As TradFi banks and brokers enter the crypto space, competition is heating up for the OG crypto market players or Centralized Exchanges (CEXs). DEXs may also be expanded by this increase in market participation. With LWorks' RiskOps platform, DEXs can optimize performance and mitigate risk in real-time. Stay ahead as the regulatory landscape shifts.