FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned Source
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Proposal
Debate reignites over years-old Bitcoin Drivechain proposal
A debate has reignited among Bitcoiners over a six-year-old Bitcoin Improvement Proposal (BIP) to add “sidechains” on top of the network, with some warning it could increase scams on the Bitcoin network and others saying it will bring new users of the cryptocurrency. Meanwhile, one developer claims to have found
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Sweeping Tax Proposal From U.S. Treasury Department Met With Boos From Crypto World
"The crypto ecosystem is very different from that of traditional assets, so the rules must be tailored accordingly and not capture ecosystem participants that don’t have a pathway to compliance," said Kristin Smith, CEO of the Blockchain Association, in a statement shortly after the proposal emerged. Source
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U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges
The Treasury Department published a nearly 300-page proposed rule on Friday in response to the 2021 Infrastructure Investment and Jobs Act saying centralized crypto exchanges, payment processors, some hosted wallet providers, some decentralized exchanges and people or entities that redeem crypto tokens they created will be bound to those reporting
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China introduces new ID metaverse proposal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Chinese-based company, Telco, has proposed a new digital ID system for bringing China into the metaverse. Telco’s proposal aims to bring all Chinese citizens into the metaverse using their ID metaverse system. Telco’s system would allow Chinese
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FTX’s Debtors Revise Settlement Proposal After Objection From U.S. Trustee
Despite criticizing the U.S. Trustee as the "sole objector to the Motion" seeking to "inject itself into a routine settlement process that is already adequately safeguarded by two different creditor committees," the debtors motion said it was proposing revisions in an effort to address the concerns. Source
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SEC delays Bitcoin ETF proposal, seeks public input
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The SEC has postponed its decision on the Ark Invest & 21Shares Bitcoin ETF proposal as it’s soliciting feedback from the public. The recent actions of the Securities and Exchange Commission (SEC) towards the spot Bitcoin (BTC)
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SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
The United States Securities and Exchange Commission (SEC) has delayed a decision on approving or disapproving the spot Bitcoin (BTC) exchange-traded fund proposed by ARK Investment Management.In an Aug. 11 notice, the SEC opened a 21-day comment period for the ARK 21Shares Bitcoin ETF to the public following publication in
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Terra Luna Token Burn Proposal Greenlit: Could $1 Be Hittable?
Terra Luna has seen the successful approval of community proposals 11658 and 11660, authorizing the retrieval and subsequent incineration of a total
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DYdX Proposal to Slash Token Issuance Wins Early Support in Vote Ending Tuesday
If passed – voting ends Tuesday – the governance proposal will reduce the amount of DYDX given to liquidity providers per epoch to 575,342, a 50% decrease that amounts to about $1 million at current prices. Antonio Juliano, dYdX’s founder, said on X (the site formerly known as Twitter) that
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