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“Voters are less likely to support candidates perceived as standing in the way of a decentralized internet,” said Haun Ventures. Go to Source Powered by WPeMatico
Representative Patrick McHenry said regulatory clarity for digital assets would be one of his “top priorities” if he became the next chair of the House Financial Services Committee. Go to Source Powered by WPeMatico
Faryar Shirzad said staying engaged and informed was critical, given candidates who win in the 2022 U.S. midterms “will be making key decisions” around crypto regulation. Go to Source Powered by WPeMatico
Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an ERC20 with a fixed supply that is leveraged for governance proposals and voting. During the last seven days, the Tornado Cash governance token has lost … Read more
Github, Circle, dYdX, Alchemy, and Infura… All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions. Go to Source Powered by WPeMatico
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. dollar’s value. A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due … Read more
The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE has lost 57% against the U.S. dollar in the … Read more
Despite the overwhelming approval of the proposal as of Wednesday, many Terra users on social media suggested the network burn its LUNA tokens. Go to Source Powered by WPeMatico
According to the proposer Tangle, the intended foundation will play a key role in limiting the liability for contributors and driving Sushi’s future growth. Go to Source Powered by WPeMatico
“For all the talk about credible neutrality and building infrastructure, this would have been the time to abstain, but he chose self-preservation,” said DAO member Eric Hu. Go to Source Powered by WPeMatico
