Vitalik believes token-based decentralized governance is impeding DeFi
Vitalik Buterin says that things must progress beyond coin voting in its current form, proposing alternatives like as “proof-of-humanity” or “proof-of-participation.” Vitalik Buterin , co-founder of Ethereum, has conducted an in-depth examination of token-based decentralised governance, arguing that existing voting procedures are inadequate and may be preventing the DeFi sector from reaching its full potential. […]
ASIC issues warning about unregistered crypto and financial service providers
The Australian Securities and Investments Commission (ASIC) warns Australian investors to be aware of unregistered financial product providers. The ASIC said that citizens have suffered significant losses due to excessive leverage. Authorities have begun providing warnings to individuals about unregistered crypto companies as crypto enters mainstream finance. The ASIC urged Australian individuals to invest in […]
Greg Monahan becomes Binance’s new AML officer
Former US Treasury official Greg Monahan replaces Karen Leong as the global money laundering reporting officer of the largest cryptocurrency exchange by trading volume Binance. Former US Treasury Criminal Investigator Greg Monahan has joined prominent cryptocurrency exchange Binance to supervise the company’s international Anti-Money Laundering (AML) activities, according to the exchange. Monahan worked for the […]
Robinhood Retail shareholders want crypto wallets , branded hat and hoodie
Users of the famous stock and digital currency trading app Robinhood are currently unable to transfer their cryptocurrency off the platform. A public shareholders poll indicated that retail shareholders of the crypto-friendly trading app Robinhood want a crypto wallet as well as a branded hat and hoodie. Say, a public question crowdsourcing platform, was Robinhood’s […]
Jake Chervinsky warns that Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill
Mr. Jake Chervinsky, general counsel at Compound Labs, has expressed concern that the Treasury Department is attempting to “capture” the DeFi industry through the crypto provisions included in the infrastructure legislation. According to Jake Chervinsky , general counsel of Compound, the cryptocurrency clauses introduced to the United States infrastructure bill at the last minute were […]