Aave’s core developers have transferred governance rights over to AAVE token holders, giving its community control over the future of the protocol. Aave has become the latest decentralized finance (DeFi) project to transfer governance rights to its token holders. On Oct. 29, Aave announced that the protocol’s admin keys had been transferred from its core […]
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DeFi apps attempt to return crypto funds affected by the KuCoin hack to users. Are they to blame for the issues? The recent KuCoin exchange hack and ongoing OKEx incident, during which withdrawals have been frozen, have raised questions as to how blockchain projects with coins traded on exchanges should act when said exchanges are […]
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Audius has retroactively distributed $8 million in governance tokens to musicians and listeners who have been using the platform. The crypto-powered Spotify competitor Audius has retroactively distributed 50 million of its native AUDIO tokens to artists and listeners using the platform. The distribution came alongside the launch of the AUDIO governance token on the Audius […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]
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Brian Armstrong labeled a misleading political post endorsing Kanye West for president as “epic” Less than a month after Brian Armstrong declared Coinbase should “be laser focused on achieving its mission,” he seemingly violated his own policy by tweeting a political post riddled with falsehoods… during business hours. In an Oct. 23 tweet from Armstrong’s […]
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Key voting infrastructure of a county in Georgia has been impacted by a ransomware attack targeting local government networks. A ransomware attack targeting the government systems of Georgia’s Hall County also impacted key voting infrastructure it has been revealed. Local officials initially released few details regarding the Oct. 7 attack, stating that “critical systems within […]
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If you look at its governance, definitely not. No major euphoria-worthy moments happened this week — the ecosystem is still cooling off. I think the biggest sign of that is Uniswap’s trading volume. After hitting a peak of slightly less than $1 billion in daily volume in early September, those numbers steadily deflated. Courtesy of […]
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Can a technological fix really combat a corruption-ridden political order? Kyrgyzstan’s acting President and Prime Minister Sadyr Japarov has proposed introducing a blockchain-based system to ensure fair elections in the near future and restore public faith in the democratic process. On Oct. 20, Japarov reportedly told Al-Jazeera television channel reporters that: “We have had three […]
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Uniswap’s first governance proposal has ended in defeat, with votes in favor falling a whisker short of the required threshold. The first governance vote for decentralized exchange (DEX) Uniswap has ended in failure, despite the proposal attracting overwhelming support of 98% of votes cast. Despite this, it fell roughly 1% short of the 40 million […]
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The results could be a good sign for the proliferation of distributed technology. A report called “Encryption Trends in Mexico 2020/2021” surveyed a total of 353 representatives from companies throughout Mexico. The study, published by privacy research center the Ponemon Institute, indicated that 40% of the Mexican companies surveyed were looking to adopt blockchain and […]
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