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Binance burns $1.8M in LUNC trading fees following community proposal
3.10.2022
According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC
Stanford Proposal for Reversible Ethereum Transactions Divides Crypto Community
28.9.2022
Can Ethereum ward off hacks and exploits without compromising on its commitment to decentralization?
Coinflex plans give 65% of company to creditors as part of restructuring proposal
22.9.2022
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares
Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities
17.9.2022
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors...
European Union to Launch Global Metaverse Regulation Initiative in 2023
16.9.2022
The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored by Ursula von der Leyen, President...
Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform
15.9.2022
Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders Want...
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
13.9.2022
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also...
Top Russian Lawmaker Joins Calls for Legalizing International Crypto Payments
9.9.2022
A high-ranking member of the Russian parliament has urged for the adoption of a relevant legal framework to properly regulate cross-border crypto payments. His proposal comes after key regulators in Moscow said that Russia needs to allow the use of cryptocurrencies in foreign trade, now that...
MEXC Announces Support for LUNC Upgrade and Burning of LUNC Spot Trading Fees
8.9.2022
In support of the burn tax proposal from the Terra Classic (LUNC) community, MEXC will launch a time-limited burning event for spot trading fees for LUNC/USDT and LUNC/USDC – Starting September 3, 10:00 to September 17, 10:00 (UTC). MEXC is the first CEX to support the LUNC upgrade...
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached
7.9.2022
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities...
Crypto Exchange KuCoin Highlights Flaws in DeFi Platform Acala's Post-Exploit Proposal
7.9.2022
The exchange has pinpointed several mistakes in the platform’s data on erroneously issued stablecoins
CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds
1.9.2022
The public was invited to comment on whether the regulators should use the term “crypto asset” instead of “digital asset" in proposed changes to Form PF
GeoGuessr Wizard Finds Where Fan Proposed To Wife 13 Years Later
31.8.2022
The map-oriented YouTuber Trevor Rainbolt, a self-described “magician” when it comes to pinpointing obscure locations in Google Maps-based browser game GeoGuessr, found a fan’s long-forgotten proposal site after 13 years. The fan had emailed Ludwig Ahgren, another popular YouTuber that makes...
Compound cETH market bricked by update — 7-day wait on vote to fix it
31.8.2022
The code bug has plagued the cETH market and has affected Compound’s front-end user face, but the CEO confirmed that “funds are not immediately at risk.”
Voyager creditors oppose $1.9M employee retention proposal
22.8.2022
The creditors wrote that the employees are "already well-compensated" while its creditors struggle to pay their expenses
Aave calls on members to commit to Ethereum PoS chain
17.8.2022
The outcome will give a good indication of where AAVE token holders stand ahead of the upcoming ETH hard fork
Uniswap Foundation proposal gets mixed reaction over $74M price tag
5.8.2022
The largest DEX in the world could be supported by a new $74 million foundation if a new proposal from two community members passes a vote later this month
Japan may see a reduced 20% tax on crypto earnings with new proposal
4.8.2022
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years
Aave Passes Proposal for Yield Generating Stablecoin GHO
1.8.2022
The fully collateralized stablecoin is native to the Aave ecosystem and will be initially available on the Ethereum network
Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO
1.8.2022
On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S....