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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
Polygon 2.0 begins groundwork for decentralized governance
20.7.2023
This expansion is set to encompass all blockchains and applications running on the Polygon network, thereby democratizing the upgrade process and fostering community participation
Polygon Mulls Governance Restructure in Polygon 2.0 Roadmap
19.7.2023
Developers have proposed an “Ecosystem Council” to push smart contract upgrades, as well as changes to how community-based funding works
Aave Launches GHO Stablecoin on Ethereum Network
17.7.2023
Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave’s Dollar-Pegged GHO Token Goes Live...
Early Shiba Inu Holder With 10% of Supply Moves $30M in SHIB Tokens
13.7.2023
Data shows most SHIB market depth is under $1 million on various crypto exchanges, and a sell order of that value could move token prices by 2% immediately
BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork
13.7.2023
The upgrade will push security measures immediately on the occasion of a blockchain exploit to safeguard user assets
Silk Road Advisor Sentenced to 20 Years in Prison While a Rogue Double-Agent Eludes Capture
12.7.2023
On Tuesday, July 11, 2023, the U.S. Attorney’s Office for the Southern District of New York, led by attorney Damian Williams, announced a 20-year prison sentence for Roger Clark. Clark was allegedly the senior advisor to the original Silk Road, an infamous darknet marketplace that operated...
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
11.7.2023
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds
Grayscale Adds Lido’s LDO Token to Defi Fund, Token Becomes Second-Heaviest in Fund’s Basket
9.7.2023
On July 7, 2023, the digital asset manager Grayscale Investments published an update on three of its funds — the Digital Large Cap Fund, the Defi Fund, and the Smart Contract Fund. Although no new tokens were added to two of the funds, Grayscale revealed that it added Lido DAO’s...
The EU’s Leaked Metaverse Strategy Proposes Global Regulatory Governance Rules
6.7.2023
The race to build the perfect virtual ecosystem, popularly termed the metaverse is taking shape with huge technology-driven companies at the fore.
However, regulators within the European Union (EU) have warned of a possible monopoly at the detriment of smaller companies that can lead to...
DeFi Firms Sign Up to Balancer's Plan for Tackling Lack of Liquidity
6.7.2023
Decentralized finance (DeFi) protocol Balancer has attracted several of its peers with a new tokenomics proposal dubbed the "8020 Initiative."
EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
6.7.2023
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said
Centralization Comes to DeFi as Group Behind MIM, SPELL Tokens Mull Legal Shakeup
5.7.2023
A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens