Validators on the Cosmos Hub network will earn more tokens as it welcomes the Lambda V9 upgrade Validators currently stake over 60% of ATOM’s current market cap The Cosmos community has voted in favor...
Tag: Proposal
Florida GOP Proposal Would Ban Pride Flag—But Let Confederate Flag Fly At State Buildings
Topline A Republican lawmaker in Florida filed legislation Tuesday exempting the Confederate flag from a broad proposal to ban most flags from being flown outside government buildings in the state—inc...
Bank of London Submits Proposal to Acquire Silicon Valley Bank (SVB) UK Arm
According to Bank of London co-founder and CEO Anthony Watson in a statement, the acquisition of Silicon Valley Bank SVB’s assets could be a unique opportunity to grow the banking sector in the United...
MakerDAO surge following new proposal on stablecoins
MakerDAO is insulating itself from the vulnerability to risk associated with stablecoins according to the firm’s new proposal. It is a reaction to the recent depegging of USDC, which has rekindled wor...
MakerDAO [MKR] reacts to Stablecoin contagion with this proposal
MakerDAO reveals an emergency proposal to reinforce its platform against stablecoin risks. USDC de-pegging inadvertently triggers demand for MKR. MakerDAO is making moves aimed at protecting against e...
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident – Bitcoin News
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of wri...
MakerDAO launches emergency proposal to limit USDC exposure
MakerDAO’s risk unit issued an emergency proposal to its governance community following the depegging of the USDC stablecoin after the collapse of Silicon Valley Bank. Maker is the DeFi lending ...
DeFi Platform Maker DAO Takes Swift Action to Address $3.1B USDC Risk with Emergency Proposal
The crypto market has again met with another stablecoin collapse after UST as investors are rushing to withdraw their funds. Circle, the issuer of USD Coin (USDC), today announced that it faced challe...
Maker DAO files emergency proposal addressing 3.1B USDC exposure
According to a forum post from Maker DAO, issuer of the U.S. dollar-pegged DAI stablecoin, on Mar. 11, the firm requested an “urgent executive proposal to mitigate risks to the protocol.” ...
Aave DAO Passes Proposal to Recover Lost Tokens
The Aave decentralized autonomous organization (DAO) has passed a proposal called “Rescue Mission Phase 1 Long Executor” to recover lost tokens for some users who mistakenly sent them to certain token...
SEC Rejects VanEck Spot Bitcoin Trust Proposal
The United States Securities and Exchange Commission has denied a proposal by investment manager VanEck for the creation of a spot Bitcoin trust, a financial product that would allow investors to trad...
Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30% – Bitcoin News
On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget in...
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
U.S. President Joe Biden’s budget and associated tax proposals could impact cryptocurrency miners, according to the White House’s 2024 budget paper. The budget specifically proposes imposi...
Biden’s Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors
President Joe Biden’s upcoming budget proposal includes a few surprises for crypto traders and investors, as it seeks to raise around $24 billion through changes to crypto tax treatment. The pro...
Tel Aviv Stock Exchange’s crypto trading proposal a ‘closed-loop system’
When the Tel Aviv Stock Exchange (TASE), the only public stock exchange in Israel, announced that it drafted a proposal for regulation-friendly crypto trading on Feb. 27, it echoed across the crypto i...
Proposal To Remove Core Dev “Zaradar”, 50B Terra Luna Classic Burn
LUNC News: The Terra Luna Classic community currently votes on a proposal to remove developer Tobias “Zaradar” Anderson from the Joint L1 Task Force developer group. Meanwhile, validators and projects...
Proposal Submitted to Remove Zaradar from Terra Classic L1 Team
The proposal claims that Zaradar is allegedly predisposed to “bend” the truth for his gains. A Terra Classic proposal to remove Tobias “Zaradar” Andersen from the recently-formed Joint L1 Task Force h...
Texas Proposal Could Become A National Model For Reining In Regulatory Costs
Texas State Capitol Building in Austin. getty Texas, when it comes to governance, outperforms most states across a number of key metrics. Today, for example, Texas is home to the nation’s sixth lowest...
XRPL community remains divided on the proposal to raise transaction fees
The Ripple XRP community is engaged in a heated debate over a proposal to raise transaction fees on the XRP Ledger. Ripple CTO stated he did not want the network to lose its competitive advantage as a...
Tether’s Proposal for TRC20 to ERC20 Conversion
Altcoin News Chain swap of assets from the existing blockchain to another blockchain. 1.6 billion USDT undergoes a conversion from TRC20 to ERC20. Tether made an announcement of coordinating with Bina...
Ripple CTO Reacts to XRP Fee Hike Proposal
Alex Dovbnya Ripple’s chief technical officer, David Schwartz, has weighed in on a proposal to increase transaction fees on the XRP Ledger (XRPL) in proportion to the value of transactions to bo...
Voyager Customers Approve Bankruptcy Proposal Before Hearing
Voyager Digital tweeted on Tuesday that 98% of its credit claimants approved the lender’s Chapter 11 bankruptcy plan. Bankruptcy administration company Stretto tallied the votes, revealing 59,183 peop...
The McDonald’s president just blasted a proposal to pay fast-food workers $22/hour — he made $7.4M last year. Here are 4 simple ways to stretch your paycheck
‘Costly and job-destroying’: The McDonald’s president just blasted a proposal to pay fast-food workers $22/hour — he made $7.4M last year. Here are 4 simple ways to stretch your payc...
Klaytn Price Rally To $1 Imminent After KLAY Tokenomics Optimization Proposal
Join Our Telegram channel to stay up to date on breaking news coverage Klaytn price uptrend holds in place despite a generally depressed price action witnessed in the crypto market over the last week....
NBA, NBPA Seeking To Adjust Extension Rules In New CBA Proposal
TORONTO, ON – DECEMBER 29: O.G. Anunoby #3 of the Toronto Raptors drives to the net against Jaren … [+] Jackson Jr. #13 of the Memphis Grizzlies during the first half of their NBA game at ...
Terra Community Votes In Favor Of LUNC Burn On Binance Proposal
Terra Classic votes in favor of the LUNC burns proposal with a 96.6% majority. The proposal addresses Binance’s conditions for resuming LUNC burns. Upgrade may prompt Binance to resume LUNC burns at a...
Proposal Passed to Bring Back Binance LUNC Burns
Terra Classic community members have passed a vital proposal to reintroduce Binance LUNC burns. Members of the Terra Classic community have passed a proposal that will guarantee the resumption of Bina...
BitFlyer’s ex-CEO vies for former role: Bloomberg
Yuzu Kano, the co-founder of Japanese crypto exchange BitFlyer, is reportedly planning to retake his old position as chief executive officer of the firm, according to a Bloomberg report. Kano’s ...
MakerDAO Proposal to Borrow DAI With MKR Token Faces Heat
Decentralized stablecoin DAI is creating headlines for the wrong reasons following MakerDAO’s Endgame tokenomics. Some even raised concerns by recreating links to Terra ecosystem collapse and UST de-p...
LBank Backs Ambitious Zambian Proposal for Digital Asset Adoption
Road Town, BVI, 27th February, 2023, Chainwire LBank has expressed its support for an ambitious plan to grow digital asset adoption in Zambia. The global crypto exchange believes that by taking a meas...
Binance LUNC Burn To Return As Terra Luna Classic Proposal Passes?
The world’s largest crypto exchange Binance presented some terms directly to the Terra Luna Classic community in order to continue its LUNC burn mechanism from March 1. In response, the Terra Luna Cla...