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Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism
23.10.2021
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...
New proposal aims to raise Binance Coin value by burning BSC fees
22.10.2021
The new BEP might decrease the total amount of BNB that validators and delegators obtain from staking
Russian officials consider proposal to mine Bitcoin with associated gas
20.10.2021
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high
Coinbase Publishes Proposal for Crypto Regulation Pushing 4 Core Recommendations
18.10.2021
Cryptocurrency exchange Coinbase has published its proposal for crypto regulation after “more than 75 meetings with stakeholders in government, industry, and academia,” CEO Brian Armstrong revealed. In its Digital Asset Policy Proposal, the company recommends “four core pillars...
The ‘Holding Billionaires Accountable’ Lie — Media, Big Tech Fact Checkers Mischaracterize Angst Toward Biden’s Tax Proposal
17.10.2021
U.S. citizens and financial institutions are concerned about the Biden administration’s goals to get banks to report to the Internal Revenue Service (IRS) aggregate inflows from a customer’s bank account annually that exceed $600. Mainstream media is reporting and Big Tech’s...
Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation
14.10.2021
One of the crypto industry's major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter
SEC Commissioner says 'safe harbor' laws would've made ICO problems worse
13.10.2021
Instead of a safe harbor for crypto firms, SEC Commissioner Caroline Crenshaw called for a “bridge” in which crypto firms work with the SEC to determine compliance plans
Patch for the Bug-Plagued Compound Contract to be Executed on Saturday
8.10.2021
ener noreferrer" href="https://cryptonews.com/ext/changenow/">ChangeNOW.Proposal 064 has been marked as passed and 'succeeded' on October 7. The objective of this proposal is to “patch
Compound unanimously passes proposal to repair bug
7.10.2021
Proposal 064 seeks to repair the token distribution bug introduced during Proposal 062 once and for all
Dot.Finance Launches DAO, Tables $PINK Token Proposal
6.10.2021
Dot.Finance, a DeFi aggregator dedicated to Polkadot, allows investors to vote on proposals for the first time. The platform released its DAO governance framework last week, giving PINK token-holders and stakers the ability to influence its future direction and product development. As with DeFi’s...
a16z Lays out Regulatory Proposal as SEC Chief Focuses On Consumer Protection
6.10.2021
ruled out the possibility of enacting a China-style crypto crackdown in America. He was responding to questions in a hearing in Congress where a Republican lawmaker asked if “a China-like prohibi
Coinbase Meeting With US Lawmakers to Discuss Crypto Regulatory Proposal
4.10.2021
The Nasdaq-listed crypto exchange Coinbase has been meeting with members of Congress to discuss the cryptocurrency regulation it plans to propose, according to CEO Brian Armstrong. In addition, the company has met with more than 30 crypto firms, four major law firms, and three trade groups about...
Defi Platform Compound Bug Allows Users to Claim $88 Million in Tokens
2.10.2021
Compound, one of the trademark defi protocols on the Ethereum blockchain, is experiencing a bug that allows users to reclaim unusually high amounts of its native token. The issue was caused by the implementation of a proposal that modified the contract that awards tokens to users. Compound Labs...
Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao
1.10.2021
French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October 1 to Makerdao’s forums and...
‘DeFi or DoxFi’ Asks Community After Compound Founder’s Statement
1.10.2021
oreferrer" href="https://cryptonews.com/news/taking-coins-from-bugged-compound-contract-illegal-unethical-or-perfectly-fine.htm">reported, Compound Finance passed and executed a proposal on Wednesday, but soon reported “unusual activity.” Due to a bug in a smart contract, users were able to clai
Proposal for CSS @when
22.9.2021
CSS is on a tear lately. Again, I’ve heard of a brand new thing I’ve never seen before, and again it’s via Miriam: CSS Conditionals.
???? CSSWG just resolved to adopt @tabatkins when/else proposal into the next level of CSS
…
The post Proposal for CSS @when appeared...
US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule
17.9.2021
A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts...
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil
4.9.2021
A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based...
Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency
31.8.2021
The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify...