Compound Finance proposals elicit ‘governance attack’ allegations
Community risk assessors warned against the perceived centralization effort days before the proposal’s passage.
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Chinese recruiting platforms revealed a significant rise in wages paid for blockchain-related job roles in the country. The latest figures from Chinese recruiting platforms show that blockchain-related salaries are on the rise across China. This is likely due to high demand for specialists in the sector.According to Chainnews, quoting statistics from Zhaopin, “hundreds” of companies…
Report: Chinese Publicly Listed Construction Company Turned Mining Firm Lost Over $23 Million
Chinese publicly listed construction company turned to cryptocurrency mining firm, Huatie HengAn, has reportedly been sold after its value decreased by over 90%. The development was reported by English-language local crypto-focused media 8btc on April 19.The firm has been reportedly sold for around 12 million yuan ($1.8 million), after its value decreased from 170 million…
New York bans CoinEx exchange, seizes $1.7M in crypto assets
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said. Hong Kong-based crypto exchange CoinEx has been banned from operating in New York by Attorney General Letitia James. According to an announcement on June 15, over $1.7 million worth of the exchange's…
Major Asian Ticketing Agency Accepts Bitcoin on Lightning Network
Vietnamese online ticketing agency Future.Travel now accepts Bitcoin payments via the Lightning Network, with funds being converted into local currency at the time of sale. 1662 Total views 51 Total shares Vietnamese online ticketing agency Future.Travel now accepts Bitcoin (BTC) payments via the Lightning Network (LN), with funds being converted into local currency at the…
2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom
Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that the Ethereum network transition to proof-of-stake (PoS) consensus will be a bullish catalyst.The next steps for this smart contract involve "the Merge," which…
EigenLayer sees over 12,000 queued withdrawals — How far will TVL fall?
Mass withdrawals started on April 29 after EigenLayer’s decision to ban U.S. and Canada-based participants from its upcoming airdrop.