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Arbitrum Improvement Proposal #2 (AIP-2) has officially passed
21.7.2023
Arbitrum recently announced the official release of AIP-2 (Arbitrum Improvement Protocol #2). The announcement was made on the official Twitter account of Arbitrum. The string of tweets stated that API-2 will bring improved support for Account Abstraction. It will make development surrounding Smart...
US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application
19.7.2023
The U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie. The move, which opens the door to an official review process, follows last week’s acknowledgment of Blackrock’s bitcoin ETF application. U.S. SEC to Review...
Crypto memes can be considered financial promotions, says UK watchdog
18.7.2023
Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA
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...
IMF Has Not Seen Specific Proposal on BRICS Currency
16.7.2023
The International Monetary Fund (IMF) has not seen any specific proposal on a common BRICS currency. However, the IMF acknowledges the presence of “slow-moving trends” indicating shifts in the currency composition of reserves and trade. The Fund’s statement followed reports that...
Bitcoin ETFs: When Will the SEC Say ‘I Do?’
14.7.2023
While bitcoin enthusiasts anxiously await the Securities and Exchange Commission’s (SEC) decision on Blackrock’s spot bitcoin ETF proposal, it’s worth delving into the bigger picture. The following opinion editorial was written by Joseph Collement, General Counsel...
AI proposal sparks conflict in Hollywood as SAG-AFTRA goes on strike
14.7.2023
The AI proposal suggested that background performers should undergo scanning, receive payment for a single day and grant their companies complete ownership over the scan, image and likeness
BNB Beacon Chain hard fork adds 'panic' feature that can 'halt' blockchain
13.7.2023
BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades aimed at improving security
KAVA passes proposal to have Stargate in the ecosystem
10.7.2023
Kava Origin Foundation earlier proposed to host Stargate in the ecosystem. The community has passed the proposal by a huge margin. An exact figure is yet to be shared. Rest assured, the integration is going live in the days to come, and Kava has announced this news. The Foundation has requested...
ETH DeFi 'circuit breaker' could cut hack losses by 70% — Developer
7.7.2023
Diyahir Campos, a smart contract developer behind the new ERC proposal, sought to take action after becoming a victim of the Euler Finance hack in March
BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe
7.7.2023
Some DAO members joked about the situation while others believed there may be an ulterior motive at play
Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH
5.7.2023
Holders of Aave, the token that underpins its namesake's decentralized finance (DeFi) protocol, are taking part in a governance vote that will decide whether 1,600 ether (ETH) in the protocol's treasury will be converted to wrapped staked ether (wstETH) and rocket pool ether (rETH)
New Proposal: Hong Kong Should Issue Stablecoin to Rival USDT and USDC
4.7.2023
In a revolutionary move, Hong Kong is exploring the idea of launching its Stablecoin, HKDG, to rival established Stablecoins like USDT and USDC.
As reported by Wu Blockchain, the proposal, co-authored by prominent figures in academia and industry, including Vice Chancellor Wang Yang and angel...
AzukiDAO proposes to recover 20,000 ETH from Azuki founder ‘Zagabond’
3.7.2023
Members of the DAO claim to be made of a dedicated group of Azuki enthusiasts. It's the latest wrinkle following the launch of the controversial "Elementals" collection
European Commission aims for universal acceptance with Digital Euro proposal
28.6.2023
With this move, the European Commission aims to open up the payments market that has been controlled by banks, Visa and Mastercard
BIS releases unified ledger proposal for cross-border, tokenized asset transactions
20.6.2023
Like the IMF’s single ledger proposal released a day earlier, BIS' unified ledger uses familiar concepts, such as tokenization, without the blockchain
Ethereum Core Devs Weigh Pros and Cons of Raising Validator Threshold From 32 ETH to 2,048 ETH
19.6.2023
Ethereum’s core developers are engaged in discussions about raising the validator threshold from 32 ETH to 2,048 ETH. This proposal, put forward by Michael Neuder, a researcher from the Ethereum Foundation, aims to address concerns related to decentralization, inflation, and the size of...
Aura announces Arbitrum deployment proposal approval
19.6.2023
Aura has announced that the ecosystem has passed the proposal to deploy on Arbitrum, marking the latest significant step in the milestone. This is part of Aura’s strategic cross-chain deployment to unlock growth opportunities beyond the mainnet. It is further expected to accelerate innovation...
Sweat Economy DAO votes to repurpose $10M of idle tokens
15.6.2023
The move-to-earn platform had 2 billion $SWEAT tokens locked up in inactive user accounts which the community has voted to be returned to a governance contract
Zilliqa reopens proposal to introduce gZIL delegation
15.6.2023
The last time Zilliqa’s proposal was on the table, it got turned down due to insufficient participation and fewer numbers on the favorable side. That was in May 2023. It is June 2023, and the team has reopened the file to ensure enough voices are heard ahead of its implementation. The goal...