Cryptocurrency Analysis and News Portal
Canto, which runs on the Ethereum Virtual Machine (EVM) - a term for virtual computers that power the Ethereum network, is a cheap and fast network that allows developers to build financial products, such as those for lending and borrowing, atop the blockchain. Source
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According to a governance proposal passed on Jan. 23, decentralized exchange (DEX) SushiSwap will soon redirect 100% of trading fees on the platform to its treasury for operations and maintenance for one year's duration. The move came after CEO Jared Grey warned that the exchange "only has 1.5 years of
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The proposal period will be open until January 31, 2023 for financial institutions and technology solution providers. Source
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Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge and its move to proof-of-stake consensus, announced the Ethereum Foundation on Nov. 24. On a weekly call, developers decided what features should be included in the next hard
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Celsius’ lead investor BnkToTheFuture has outlined three proposals to save Celsius from bankruptcy while finding a good outcome for shareholders and depositors with funds stuck on the platform.Shared on Twitter by BnkToTheFuture CEO Simon Dixon on June 30, the three distinct proposals include either two options of restructuring and relaunching
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Gathering significant consensus within the community is the first step of the process. Sometimes, even the most valuable proposals can take years before they are approved or rejected because the community can’t find an agreement. Once a BIP is submitted as a draft to the BIP GitHub, the proposal
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The total number of decentralized autonomous organizations (DAO), the number of governance proposals put forward, and the number of votes cast, have all seen astounding 8X growth over the past 12 months.Data compiled by Snapshot Labs, shared by Electric Capital Engineer Emre Caliskan in a June 9 tweet, highlighted that
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Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance Ministry of Russia Backs Regulations Proposed by Law Enforcement
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The proposals are intended to extend anti-money laundering requirements that apply to conventional payments over 1,000 euros ($1,114) to the crypto sector. They also scrap the floor for crypto payments, so payers and recipients of even the smallest crypto transactions would need to be identified, including for transactions with unhosted
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Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests its implementation across all jurisdictions. FTX shared the “FTX’s Key Principles for Market Regulation” blog after Maxine Waters, the
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