‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289.
Related Posts


Coinbase Custody users can now stake Solana
The Libra association member will enable secure Solana staking. 2676 Total views 19 Total shares Blockchain infrastructure provider Bison Trails has expanded its integration with Coinbase Custody to allow the staking of Solana tokens.In an Aug. 27 announcement, Bison Trails stated that Coinbase Custody users would be allowed to delegate Solana (SOL) tokens to Bison…

BTC supply squeeze and Biden: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is starting what will be likely a hectic week for markets as the United States begins its two-month presidential transition.After Joe Biden was declared the projected winner of the U.S. presidential elections during the weekend, Bitcoin fell, but managed to avoid major losses — what’s next?Cointelegraph takes a look at the factors set…

China to build giant AI chip factory to bypass US sanctions: Report
Chinese scientists are reportedly considering constructing massive facilities to manufacture the technology necessary to create AI semiconductor chips locally. 193 Total views 5 Total shares China is looking to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local industry, according to a report from the South China

Crypto Advocate Patrick Byrne Resigns as CEO of Overstock
Noted crypto advocate Patrick Byrne resigns as CEO of Overstock.Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrne will be stepping down as CEO of Overstock.Having led crypto-friendly e-commerce at the company, including the launch of tZero, Overstock’s crypto token platform, and Overstock’s acceptance of Bitcoin payment, Byrne’s announcement follows…

Funds Are SAFU, but Reorg Is Not: What We Know About the Binance Hack So Far
Binance, one of the world's largest cryptocurrency exchanges, experienced a “large scale” data breach on May 7. The hackers reportedly stole around 7,000 Bitcoin (BTC), worth more than $40 million as of press time.As the platform explained via a public statement, the fraudsters had managed to steal users’ application programming interface (API) keys, two-factor authentication…

Rocket Pool’s Ethereum staking service reaches $1B in TVL
The milestone comes less than two years after the launch of its mainnet. 101 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to data from DefiLlama, Ethereum staking service Rocket Pool reached $1 billion in total value locked (TVL) on Feb. 9. The move comes less than…

Report: Bitmain IPO Document Reportedly Reveals $500 Million Q3 Losses
Bitcoin (BTC) mining giant Bitmain could have made losses of around $500 million in Q3 last year, industry magazine CoinDesk reported on Feb. 19, citing a company document.Bitmain, which is currently attempting to launch an initial public offering (IPO) under the auspices of the Hong Kong Stock Exchange (HKEx), submitted a report into its earnings…

Both Crypto Derivatives and Spot Markets Post Record Volume in March
CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges.The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets.March 13 sets record for daily spot tradesThe report states that March 13 produced the single greatest volume in the history of crypto assets…