Lending project Aave's governing forum is mulling the proposed implementation of its version 3 on Base, the Layer 2 blockchain supported by Coinbase. The proposal was brought forward on Wednesday by Francis Gowen, a protocol specialist at the analytics firm Flipside Crypto who also serves as a delegate and contributor to Aave

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Six individuals seeking to overturn the United States Treasurys decision to sanction crypto mixer Tornado Cash have just relayed four key arguments in support of their motion. In a May 24 filingin support of a prior motion for partial summary judgment, the individuals argue that the case is not about carving out special rules for new technology but rather was a case of government overreach and a breach of First Amendment rights. Coinbases chief legal officer, Paul Grewal, summarized the arguments in a Twitter thread soon after, arguing that the government is seeking to use a property sanctions statute to ban open-source software which is contrary to the intentions of the law.

XRP is set to witness greater exposure following Pyth Networks recent decision to release the XRP/USD price feed for DeFi protocols. Pyth Network, a Solana-based decentralized oracle solution, has announced the release of an XRP price feed to address the growing demand from different platforms. This development is expected to further bolster XRPs exposure by allowing numerous platforms access to real-time XRP price data.