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Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
10.1.2022
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...
$139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects
7.1.2022
Terra would provide over $139 million in UST and LUNA to several leading DeFi projects on Ethereum, Solana, and Polygon for at least the next six months
Decentralized Protocol Launch: Panther DAO Votes to Launch Private DeFi Protocol End of January
5.1.2022
PRESS RELEASE. Blockchain history was made earlier this week. Thanks to more than 2,560 DAO votes in a Snapshot proposal, the Panther Protocol was voted to be launched in a private, decentralized manner. This constitutes the very first event of its kind, a feature that sets Panther a step towards...
Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm
1.1.2022
The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with...
Dogecoin Foundation Says It’s Working With Ethereum’s Vitalik Buterin on a Staking Concept
25.12.2021
According to the Dogecoin Foundation, the organization is working with Vitalik Buterin on constructing proof-of-stake (PoS) capabilities for the Dogecoin network. The “uniquely Doge proposal” is aimed at bolstering a “community staking” version of the protocol. Dogecoin...
'Uniquely DOGE Proposal', Binance 'Funds SAFU', Monero-Mining Spider-Pirates, Late Thai CBDC + More News
24.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: 'Uniquely DOGE Proposal', Binance 'Funds SAFU', Monero-Mining Spider-Pirates, Late Thai CBDC + More News
SEBA Floats Proposal to Become Whitelister for Arc
23.12.2021
In an important development, SEBA has come out with the governance proposal requesting to become a whitelister for the institutional lending platform of Aave, the Arc. If the request is approved by the Arc, SEBA will get the role of onboarding the users of the lending platform by fully monitoring...
Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few Days
20.12.2021
One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap...
Argentinian Chamber of Fintech Makes Cryptocurrency Regulation Proposal
18.12.2021
The Argentinian Chamber of Fintech, a membership-based organization whose goal is to lead the digitization and modernization of the financial services industry, issued a series of recommendations for the upcoming regulation of virtual assets in the country. The proposed framework asks...
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
15.12.2021
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...
SUSHI Jumps 10% as New Takeover Proposal is Met with Mixed Reactions
13.12.2021
The price of SUSHI, the governance token of the SushiSwap decentralized exchange, appreciated on Monday after a new proposal for the restructuring of the Sushi Decentralized Autonomous Organization (DAO) emerged.
At 13:02 UTC on Monday, SUSHI traded at USD 6.05, up 10.6% over the past 24 hours...
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...
Florida governor's budget proposal wants to let residents pay fees in crypto
10.12.2021
Florida Governor Ron DeSantis proposed to allocate $750 million to enable a “crypto-friendly Florida.”
Crypto Violators May Face Prison Time Under India’s New Proposal - Report
7.12.2021
The Indian government is reportedly considering appointing a new regulator specifically to oversee the cryptocurrency space, while also saying those who violate regulations could face fines of up to USD 2.7m or 1.5 years in prison....
Read More: Crypto Violators May Face Prison Time Under...
Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted
4.12.2021
The recent movements in the treasury of Terra, a decentralized financial payment network, which is now burning more than $4 billion worth of LUNA due to a governance proposal, have seemingly made the price of the asset rise to all-time high (ATH) levels. This rise has been also accompanied by...
Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues
4.12.2021
A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency...
Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution
28.11.2021
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin...
Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions
28.11.2021
The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by a minority of lawmakers who insist the new tax derails efforts to help increase the number of adults that are financially included. The Digital Transactions Tax A minority...
Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets
24.11.2021
The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal liability for some operations with digital assets which it considers illegal. Central Bank of Russia Aims...
Robinhood exec says proposal for a single digital asset regulator is stupid
19.11.2021
Robinhood’s chief legal officer is not enamored with a recent Coinbase proposal for a separate regulatory body for the crypto space