Compound Finance proposals elicit ‘governance attack’ allegations

Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance.The selloff appears in the wake of the Federal Reserve's hawkish policy and the uncertainties in the crypto market led by Terra, an algorithmic stablecoin project whose…

The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.

The price paid for “whale coins” is revealed as a potential new bear market bottom zone for BTC. 173 Total views 4 Total shares

Foundry Digital, Blockdaemon and Upbit are backing the launch of Stacks 2.0. 3201 Total views 9 Total shares Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch — sending a strong signal that industry players are keen to back…

One of the largest banks in Colombia, Banco de Bogotá, will pilot crypto services as part of a regulatory sandbox project. 1495 Total views 15 Total shares Colombia’s oldest commercial banking institution, Banco de Bogotá, is reportedly exploring cryptocurrency-related services.According to a report by local news agency Portafolio, Banco de Bogotá announced Monday that it…

Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24.An institution under Rostec has reportedly developed a blockchain roadmap worth up to 85 billion rubles ($1.3 billion) that claims to provide an economic impact of up to 1.6 trillion rubles…

Reports last week had claimed that Nexon was poised to acquire the exchange at an evaluated price of roughly $460 million. 2223 Total views 11 Total shares Major gaming conglomerate Nexon will not be acquiring leading South Korean crypto exchange Bithumb, as previously alleged in local media.In an email to Cointelegraph, a representative for Nexon said…

The largest-ever venture fund for a solo female partner will invest in Web3 projects through two funds, a $500 million early-stage fund, and a $1 billion acceleration fund. 311 Total views 21 Total shares Katie Haun, crypto investor and board member for Coinbase and OpenSea announced that she had raised $1.5 billion for her new…

The switch to proof-of-stake has had noticeable energy saving effects for the Tezos network. 694 Total views 17 Total shares Tezos, a privacy-focused blockchain network, released its carbon footprint report from PricewaterhouseCoopers Advisory SAS, a French member firm of the PwC network. The PwC report reflects drastic improvements in energy efficiency for Tezos since moving from…