Lemma

February is an incredibly exciting month for institutional crypto. This period is crucial for shaping the future operational landscape globally. Pivotal industry discussions are defining this future. Major global events, including the Digital Assets Forum in London (Feb 5-6), Cayman Crypto Week in Grand Cayman (Feb 9-13)@blockchain-association-of-the-cayman-islands and #ConsensusHK (Feb 10-12), are convening. These gatherings provide critical platforms for leaders to address complex operational and token problems, and we are particularly excited to see what insights and changes these discussions may bring to the industry. Our team will be actively on the ground at Cayman Crypto Week. This event, right in our backyard, is renowned for its focus on cutting-edge crypto issues. It brings together technical leaders and traditional specialists. They help set essential industry standards. For your project, this translates into actionable insights for compliant, secure, and scalable growth. Connect with our team at Cayman Crypto Week. Let's discuss solving your project's most complex operational and token challenges to ensure compliant, secure, and scalable growth in 2026. #CryptoConferences #InstitutionalCrypto #CaymanCryptoWeek #LemmaSolutions #CryptoOperations

𝗥𝗲𝗰𝗲𝗻𝘁 𝘀𝗺𝗮𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗲𝘅𝗽𝗹𝗼𝗶𝘁𝘀 𝗿𝗲𝗺𝗶𝗻𝗱 𝘂𝘀 𝘄𝗵𝘆 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 𝗮𝘁 𝗲𝘃𝗲𝗿𝘆 𝗹𝗮𝘆𝗲𝗿. Earlier this week, users of the DEX aggregator Matcha Meta were exposed to a 𝗦𝘄𝗮𝗽𝗡𝗲𝘁 𝗿𝗼𝘂𝘁𝗲𝗿 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝘃𝘂𝗹𝗻𝗲𝗿𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗼𝗻 𝘁𝗵𝗲 𝗕𝗮𝘀𝗲 𝗯𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻, resulting in up to $𝟭𝟲.𝟴 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝗲𝗶𝗻𝗴 𝗱𝗿𝗮𝗶𝗻𝗲𝗱. What happened in brief: • A smart contract in the SwapNet integration had an “arbitrary call” vulnerability that allowed an attacker to transfer approved funds out of user wallets. • The attacker swapped a large portion of USDC into ETH and began bridging the stolen assets to Ethereum. • Matcha Meta has advised users to revoke direct approvals to the affected contract to prevent further exposure. This incident is part of a 𝗯𝗿𝗼𝗮𝗱𝗲𝗿 𝘁𝗿𝗲𝗻𝗱 𝗼𝗳 𝘀𝗺𝗮𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗲𝘅𝗽𝗹𝗼𝗶𝘁𝘀 that continue to account for a significant share of crypto losses. Key takeaways for teams building in DeFi: • Smart contracts are immutable once deployed, so vulnerabilities cannot simply be patched after the fact. • Integrations and third-party dependencies can surface risk beyond your own code base. • Proactive review, continuous monitoring, and approval hygiene remain essential. For operators and governance partners, staying ahead of these risks requires thoughtful design, robust security practices, and clear user guidance — not just audits at launch. If you’d like to discuss how governance, approvals, and operational controls intersect with security in practice, feel free to reach out.

The tides are turning in crypto regulation. A recent development signals a crucial shift in the landscape for crypto projects and companies. Bloomberg reported on January 23rd that the SEC is seeking to dismiss its lawsuit against Gemini over its crypto lending services. This dismissal comes after investors were made whole, receiving 100% of their capital back through Genesis' bankruptcy resolution. This action indicates a potential re-evaluation of enforcement strategies. It also suggests a new interpretation of current laws. For foundations, it underscores the dynamic nature of regulation. This highlights the ongoing need for robust, regulator-aware operational frameworks. Lemma helps projects navigate these evolving legal currents. Stay informed about these critical regulatory shifts. Partner with Lemma to ensure your protocol remains compliant and resilient: lemma.solutions https://lnkd.in/db7qDkS4 #CryptoRegulation #SEC #Compliance #Web3Legal #LemmaSolutions

2025 was an underappreciated turning point: retail cooled, memecoins burned out, and institutions quietly pushed blockchain closer to real financial infrastructure. This piece looks at what actually changed—and what’s now possible because of it.

We’re happy to welcome Tash van Wyk to Lemma as Web3 Finance Operations Manager. Excited to have you on board and part of the journey ahead! 🚀 #WelcomeToTheTeam #TeamLemma #NewBeginnings

Welcome Tristan Ilgen to Lemma as Web3 Operations Support Specialist. We’re excited to have you with us and can’t wait to work together. 🚀 #WelcomeToTheTeam #GrowingTeam #LifeAtLemma

Welcome to the team, Jan-Hendrik van Wyk CA(SA) (UiRPA) We’re excited to have you join Lemma as a Web3 Client Lead. Looking forward to all the great things we’ll build together! 🚀 #WelcomeToTheTeam #NewHire #LifeAtLemma

𝗗𝗔𝗖𝟴 𝗶𝘀 𝗰𝗼𝗺𝗶𝗻𝗴 𝗶𝗻𝘁𝗼 𝗲𝗳𝗳𝗲𝗰𝘁. 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝘁𝗵𝗶𝘀 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝗰𝗿𝘆𝗽𝘁𝗼 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗘𝗨? DAC8 extends the EU’s tax transparency framework to crypto-assets, requiring Crypto-Asset Service Providers (CASPs) to collect and report user transaction data to authorities. In practice, this means: • Broader reporting obligations for crypto platforms serving EU users • Increased data collection, record-keeping, and compliance requirements • Closer alignment between crypto regulation and traditional financial reporting standards While DAC8 aims to improve tax transparency across member states, it also raises operational questions around implementation, timelines, and cross-border coordination. For teams operating in or serving the EU, it is important to assess readiness, review internal processes, and align legal, compliance, and technical stakeholders. If you need support, feel free to reach out. We’re happy to connect you with our partners.

𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝟮𝟬𝟮𝟲! 🎆 Hope that everyone enjoyed the time to rest and recover. Our New Years Resolutions is to help our clients grow, make new connections and deepen our relationships in 2026. What is yours and how is it holding up?

𝗖𝗹𝗼𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝗼𝗻 𝟮𝟬𝟮𝟱: 𝗔 𝗚𝗹𝗼𝗯𝗮𝗹 𝗬𝗲𝗮𝗿 As 2025 draws to a close, the Lemma team is taking a moment to pause, reflect, and give thanks. This year, we crossed oceans and borders, attending conferences across five continents, engaging with regulators, builders, and dreamers. Deepening our commitment to shaping the future of digital finance and decentralized infrastructure. From Cayman to Cape Town, Dubai to Buenos Aires a pit-stop in Cannes, France and a hop through Singapore one thing became clear: the world is ready for growth, collaboration, and innovative solutions. And we are proud to be part of that movement. We saw real progress in crypto regulation, renewed interest in emerging markets, and a growing appetite for solutions that are not just innovative but business ready. To our partners, clients, and community: thank you for walking this journey with us. Your trust fuels our ambition. We’re closing out 2025 with full hearts and open minds having seen our industry mature. We are stepping into 2026 with even bolder goals. Here’s to building across borders, thinking beyond silos, and delivering with purpose. 𝗧𝗵𝗲 𝗟𝗲𝗺𝗺𝗮 𝗧𝗲𝗮𝗺