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Base, Optimism unveil shared governance and revenue-sharing framework
24.8.2023
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows
Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality
24.8.2023
The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post
Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...
US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation
19.8.2023
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner. U.S. Judiciary Designates Tornado Cash...
LiFi launches multi-bridge governance solution after Uniswap debate
18.8.2023
The new bridge aggregator allows cross-chain DAOs to only accept votes confirmed by more than one bridge
Aave DAO opens voting on proposals to reduce CRV exposure
10.8.2023
Aave token holders are voting on three proposals that could reshape the protocol's exposure to Curve DAO token
Aave Token Holders Voting on 2 Proposals Following Averted Curve Liquidation Crisis
10.8.2023
The proposals, which aim to disable CRV borrowing and decrease Aave’s exposure to Curve’s native token on its Ethereum V2 markets, are responses to the liquidation pressure faced by Curved founder Michael Egorov
Curve Token Climbs After Binance Labs Commits to $5M Investment
10.8.2023
The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain
Mantle Introduces New Governing Body for Treasury Management
7.8.2023
The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH
Curve Founder Still Owes $80M Despite Raising Nearly $30M in Past Two Days
3.8.2023
Michael Egorov is under liquidation pressure following the CRV’s recent price drop and Curve exploit
Crypto and the Real Meaning of 'Radicalism'
3.8.2023
The right-wing economics that shaped crypto doesn’t determine its future, argues a new book by Joshua Dávila – A.K.A. The Blockchain Socialist
KPMG Study Highlights Bitcoin Mining’s Potential to Shrink Carbon Footprints
3.8.2023
In a fresh analysis focusing on Bitcoin and its alignment with environmental, social, and governance (ESG) principles, the ‘Big Four’ accounting titan KPMG delves into the digital currency’s promising contributions to this movement. The professional services entity highlights...
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...
DYdX Proposal to Slash Token Issuance Wins Early Support
31.7.2023
In theory, this could boost the price of DYDX, based on the basics of supply and demand
Arbitrum DAO’s First Grants Programs Take Shape
28.7.2023
Two governance proposals are collectively requesting nearly $5 million worth of ARB tokens to launch grants programs
Parrot Finance to Begin PRT Token Buyback on Monday, Capping Fiery Vote
28.7.2023
Solana-based protocol Parrot Finance will buy PRT tokens from all sellers at $0.0045 apiece
MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin with Up to 8% Reward
27.7.2023
The circulation of Maker’s DAI stablecoin has shrunk by a third over the past year
For Crypto Investors Down Bad in Hector, the DAO Can’t Die Fast Enough
26.7.2023
Hector Network will take six to 12 months to hold a liquidation. Token holders want their money back sooner
Solana's Parrot Protocol submits proposal to go tokenless, investors risk face -89% returns
22.7.2023
The proposal calls for the redemption of PRT tokens for liquid treasury value, and the transition to a no-token protocol. Community members referred to the move as a "financial crime"
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
20.7.2023
The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt