ChainCatcher news, the Enterprise Ethereum Alliance (EEA) has released the first edition of its DeFi Risk Assessment Guidelines. The EEA's DRAMA working group collaborated with organizations such as Consensys, Hacken, CertiK, Quantstamp, OpenZeppelin, Banco Santander, and Bitwave to develop the guidelines.The document aims to provide resources for risk identification and management strategies for DeFi protocol regulators, developers, investors, and users. Dyma Budorin, co-chair of EEA DRAMA and CEO of Hacken, explained that these guidelines provide a comprehensive standard that "resource founders and development teams can refer to when developing products."The DeFi Risk Assessment Guidelines cover a range of risks related to governance, token economics, software, liquidity, regulatory compliance, and external market factors, detailing specific issues affecting various types of software such as oracles, smart contracts, and bridges, and addressing potential security and interoperability concerns.

ChainCatcher news, according to Ming Pao, the Hong Kong Investors and Financial Education Committee stated that virtual asset spot ETFs listed in Hong Kong are regulated by the Securities and Futures Commission. Investors can buy and sell virtual asset spot ETFs through securities firms or banks, and the trading method is as convenient and simple as that of stocks or other ETFs. However, investors need to understand the risk level of virtual asset spot ETFs to assess their suitability.Due to the extreme volatility of virtual asset spot ETFs, they may not necessarily provide a diversification effect. Therefore, in an investment portfolio, virtual asset spot ETFs should only be considered as auxiliary investments.

ChainCatcher news, according to The Defiant, the U.S. Department of the Treasury has recently released its first NFT risk assessment report, which examines the tendency for the NFT space to be exploited by illicit actors. The report highlights numerous risks associated with NFTs, including fraud, scams, copyright and trademark infringement, and vulnerabilities to money laundering activities.The report states: "The assessment found that NFTs are highly susceptible to fraud and scams and are easily subject to theft. Additionally, some NFT companies and platforms lack adequate controls to mitigate risks to market integrity and to combat money laundering, terrorist financing, and sanctions evasion. The assessment found that insufficient cybersecurity protections, challenges related to copyright and trademark protections, and the speculation and price volatility of NFTs and NFT platforms may enable criminals to perpetrate fraud and theft related to NFTs and NFT platforms."

ChainCatcher news, according to Jinshi reports, the U.S. Treasury will release an NFT risk assessment.

According to official news, Gauntlet has published a blog post about the market risks of LRT (Liquidity Re-staking Tokens) as part of its collaboration with EigenLayer. The article points out that the overall TVL of LRT has significantly increased this year, rising from $300 million in January to over $10 billion in May.The article provides a framework for assessing LRT market risks, focusing on four main risk attributes:External liquidity;Withdrawals and withdrawal queues;LRT volatility;DeFi risks.In the coming days, Gauntlet will launch a dashboard to provide users with data and a UI to apply this framework to their token analysis.

ChainCatcher news, according to The Block, Coinbase has requested its UK users to fill out a risk assessment form as required by the UK's Financial Conduct Authority (FCA), informing the exchange what type of investors they are and confirming their understanding of the high-risk nature of cryptocurrency investments.It is reported that these measures were taken before the financial promotion rules that came into effect on January 8.

ChainCatcher news, the Director of the Regulatory and Enforcement Division of the Hong Kong Securities and Futures Commission, Zheng Dejia, stated that the SFC and the Police Force have established a working group on virtual asset trading platforms, which has held four meetings in October and November. Subsequently, it is planned to conduct information exchanges regarding individual cases and incidents related to virtual platforms at least twice a week according to this mechanism.Both parties will formulate guidelines to assess the risks of individual cases to determine whether further investigation or enforcement actions are necessary. If the SFC discovers particularly suspicious cases that require rapid enforcement or related actions, it will contact the police as soon as possible to ensure effective coordination between both parties during the investigation and enforcement period.He continued to state that during the regular information exchange period of one week, if the SFC discovers particularly suspicious cases that require rapid enforcement or related actions, it will contact the police as soon as possible to ensure effective coordination between both parties during the investigation and enforcement period.Regarding the number of victims and the amount involved in HongKongDAO and BitCuped, the SFC pointed out that the cases are still under investigation, and no relevant information is currently available. When other suspicious platforms are identified in the future, if assessed as necessary to be disclosed, they will be announced as soon as possible.

ChainCatcher news, according to Financial IT, the fintech risk assessment company Strategic Risk Associates (SRA) announced the completion of a $12 million Series B funding round, led by EJF Silvergate Ventures, JAM FINTOP, and FINTOP Capital, with participation from Atlantic Union Bankshares Corporation and a number of existing investors.It is reported that SRA has partnered with hundreds of financial institutions in the United States, focusing on risks related to (crypto) digital assets, helping banks and other institutions assess their fintech risk maturity, providing quarterly risk assessments, and other services to support fintech and digital asset risk management. (source link)