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dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know
8.4.2024
The dYdX community has voted to stake 20 million dYdX tokens, worth around $60 million at the time of publication, using Stride's staking service for Cosmos blockchains.
The post dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know appeared...
KuCoin Appears Not to Commingle User Funds and has “Sufficient” Reserves: CryptoQuant CEO
27.3.2024
In the midst of criminal allegations and growing concerns over its reserves, the Seychelles-based cryptocurrency exchange KuCoin has received a vote of confidence from Ki Young Ju, the founder and CEO of crypto analytics service CryptoQuant.
The post KuCoin Appears Not to Commingle User Funds...
EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto
19.3.2024
The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers
Binance Labs Backs Babylon, Pioneering Native Bitcoin Staking Protocol
27.2.2024
Binance Labs has demonstrated a significant vote of confidence in the future of Bitcoin by strategically investing in Babylon, a pioneering Bitcoin staking protocol.
The post Binance Labs Backs Babylon, Pioneering Native Bitcoin Staking Protocol appeared first on Cryptonews
Indonesia’s Presidential Election Sees Crypto-Friendly Team in the Running
14.2.2024
Indonesia former Defense Minister Prabowo Subianto has declared victory in the presidential election following unofficial vote counts indicating a significant lead, potentially securing a single-round win in his third bid for the presidency. Subianto, along with his pro-crypto running mate Gibran...
El Salvador’s Pro Bitcoin President Nayib Bukele Claims Victory in Re-election Poll
5.2.2024
El Salvador’s incumbent president Nayib Bukele has claimed an overwhelming victory in the country’s presidential election poll. Bukele announced his commanding lead shortly after the polls closed. According to Bukele’s latest post, the preliminary counts secured his victory with more...
Bitcoin Pioneer Nayib Bukele Reelected in El Salvador by a Landslide
5.2.2024
President Nayib Bukele, a pioneer in introducing the law that made bitcoin legal tender in El Salvador, has been reelected as president of the country in the ballot completed on Sunday. The Latam leader, who will reportedly continue implementing bitcoin-related policies, won by a landslide, scoring...
1inch DAO Votes to Hire Permanent Legal Counsel for Decentralized Nature Challenges
13.1.2024
The decentralized autonomous organization (DAO) of 1inch, a decentralized exchange (DEX) aggregator, has voted to enlist permanent legal counsel from Geneva-based Web3 solutions provider Storm Partners. The decision was made to help 1inch address the legal challenges posed by its decentralized...
Unraveling Gensler’s Strategy: The Reason Behind Allowing Spot Bitcoin ETFs
12.1.2024
When the Securities and Exchange Commission (SEC) decided to approve Spot Bitcoin ETFs for public trading on Wednesday, the deciding vote fell to chairman Gary Gensler. After years of criticizing and rejecting such products, what caused the chairman to change his mind? Based on his recent comments...
SEC Chair Gary Gensler Was the Deciding Vote Approving Spot Bitcoin ETFs
11.1.2024
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, cast the deciding vote approving 11 spot bitcoin exchange-traded funds (ETFs) in a landmark decision on Wednesday. Before the approvals, the securities regulator held a vote on spot bitcoin ETFs, with two commissioners...
Decentralized Platform Aave Wins Community Votes to Onboard PYUSD Stablecoin
11.1.2024
Source: AdobeStock / Sundry Photography Aave, a decentralized platform that allows users to borrow/lend crypto, might consider adding PayPal’s PYUSD stablecoins to its Ethereum pool. The platform proposed its plans to integrate PYUSD stablecoin in December, seeking community vote. The voting window...
CAKE Token Supply Cut — Pancakeswap Community’s Decisive Vote Spurs Market Surge
29.12.2023
The Pancakeswap community has sanctioned a governance vote to eliminate 300 million CAKE tokens from the crypto asset’s total supply. Records indicate that a substantial 97.88% of community votes supported the reduction of 300 million CAKE, decreasing the total supply from 750 million to...
El Salvador Passes Law to Offer Citizenship to Foreign Bitcoin Investors
22.12.2023
Source: Pixabay / 12019 El Salvador‘s Congress has passed a new law enabling foreign citizens to obtain citizenship by investing in Bitcoin, according to Reuters. On Dec. 21, the Salvadoran unicameral legislature, dominated by President Nayib Bukele‘s New Ideas party, voted in favor...
Animoca-Backed Game Wallet Wars Delegates Release Decision to DAO Vote
21.12.2023
The decision to launch Wallet Wars, a Web3 iteration of the 1970s arcade game Space Invaders, was taken by a vote of Balthazar DAO, not a management committe
S&P’s Stablecoin Report Is a Vote of Confidence for Crypto
19.12.2023
Stablecoins are “something we're putting strong resources towards, because we know it's a growing area both in traditional and new financial areas,” a leading S&P analyst said
Gemini Earn Users Face Potential 70% Reduction in Promised Bitcoin Payouts Under Proposed Reorganization Plan
14.12.2023
Image Source: Shutterstock Gemini Earn creditors could potentially face up to 70% reduction in their promised crypto payouts as part of a proposed reorganization plan. The plan, outlined in an email sent by Gemini Trust on December 13, has now been put up for a vote, leaving creditors with...
Hong Kong Gaming Giant Boyaa Interactive Shareholders to Vote on $100M Crypto Purchase Plan
8.12.2023
Source: Pixabay Boyaa Interactive International Limited, a Hong Kong-listed company, has scheduled a special general meeting of shareholders to vote on a $100 million crypto purchase plan on December 20. Directors, including independent non-executive directors, have expressed their belief that...
Celsius Network’s Bitcoin Mining Pivot Faces Hurdles, Judge Suggests New Vote
1.12.2023
Source: Adobe Celsius’ Bitcoin (BTC) mining plans face obstacles as a United States judge hints at a possible new vote to clear deviations. According to a Reuters report on Nov 30, Celsius may require another creditor vote to change its business operations from a mining and staking enterprise...
Derivatives Trading Protocol dYdX Chain Commences Rewards Distribution After Greenlight From Community
29.11.2023
Decentralized exchange platform dYdX has kickstarted its trading fee rewards program for its layer-1 derivatives protocol after receiving the go-ahead from its online community. Trading Rewards Now Live on dYdX Chain! Following a governance vote, users can now earn from a $20M reward pool in $DYDX...
PancakeSwap Launches Vote-Escrowed Tokenomics
24.11.2023
PancakeSwap, a multi-chain decentralized exchange (DEX), recently proposed the launch of vote-escrowed CAKE (veCAKE) and voting gauges in the next few days, with more than 90% of the votes in favor of the protocol’s launch. This initiative is designed to strengthen CAKE token holders with enhanced...