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Helium Network’s HNT token surges 16.7% amid governance voting


This week was marked by strong tech earnings and mixed economic signals. We saw a major move in the crypto marketplace, with the Helium network native token—HNT—surging 16.7%. This upward movement followed an announcement from the Helium Foundation about voting results and plans for re-voting on...

South Korean Election: How Will 6 Million Crypto Traders Vote?


South Korean election results could hinge on the voting intentions of the country’s six million crypto traders, reports claimed April 9. The post South Korean Election: How Will 6 Million Crypto Traders Vote? appeared first on Cryptonews

Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability


Curio, a project focused on facilitating liquidity from real-world assets for firms, has fallen victim to a smart contract exploit related to voting power privileges. The post Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability appeared first on Cryptonews

dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal


The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens...

Decentralized Platform Aave Wins Community Votes to Onboard PYUSD Stablecoin


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...

CFTC Committee Recommends Enhanced Understanding and Regulation of DeFi


CFTC building. Source: Adobe / JHVEPhoto The Technology Advisory Committee of the US Commodity Futures Trading Commission (CFTC) has taken a significant step in addressing the challenges posed by decentralized finance (DeFi) by voting to submit a report urging the government and industry...

Changpeng “CZ” Zhao Steps Down From Binance.US Board of Directors


Binance founder and former CEO, Changpeng “CZ” Zhao, has stepped down from the company’s board of directors following his guilty plea to several federal charges last week. “CZ” steps down Zhao “has decided to step down from his role as Chairman of our Board of Directors and transferred his voting...

Aragon DAO Backs Lawsuit Against Founding Team, Allocates $300,000 in Funding


Image source: Adobe Stock Aragon DAO, a decentralized autonomous organization, has passed two votes that support a lawsuit against its founding team, allocating $300,000 in funding for the legal battle.  The voting process saw unanimous approval for the proposal, with 1.6 million governance tokens...

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