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Following the return of DeFi pioneer Andre Cronje, Fantom seems to be regaining its momentum with a new and innovative proposal. According to a proposal made on December 1st, Fantom aims to implement a reward program for its dApp developers, optimized with network gas fees. 📢 New governance proposal: dApp Gas
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Ethereum founder Vitalik Buterin has expressed strong opposition to the speculation and hoarding of governance tokens. Vitalik Buterin Opposes Governance Token Speculation Originally, governance tokens were created to facilitate voting on community proposals, with the number of tokens held determining the voting power. However, Vitalik Buterin has voiced concerns that
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BitDAO, a decentralized autonomous organization with assets totaling $1.7 billion, has announced the launch of Mantle, a new layer-2 network for Ethereum. On the evening of November 30th, BitDAO, a DAO backed by the Bybit exchange, revealed the launch of Mantle, a layer-2 solution built on Ethereum. In our
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Serum (SRM), the once-popular DEX on Solana closely tied to Sam Bankman-Fried and the FTX exchange, has declared itself "no longer operational" following the FTX collapse and is advising users to migrate to alternative solutions. On November 29, Serum's official Twitter account, with over 215,000
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Review of Last Week's Trading Results Last week, we had two trading plans for Bitcoin and PEOPLE, but unfortunately, the price movements weren't sufficient to execute the plans. BTC continued to trade sideways with minimal fluctuations. As anticipated, the price action was mainly active in the
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In line with a common pattern observed in past attacks, the next step for the FTX hacker has been to use a decentralized protocol to "launder" the stolen funds. Specifically, the hacker is reported to have moved 360 BTC through the ChipMixer platform, as updated by on-chain investigator
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On November 24th, the Ethereum development team announced the inclusion of eight new Ethereum Improvement Proposals (EIPs) in the upcoming Shanghai upgrade. This upgrade will follow The Merge and transition Ethereum, the world’s second-largest blockchain, to a Proof-of-Stake mechanism. The new features will be part of the hard fork
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Ardana (DANA) Halts Development Ardana, a promising decentralized finance (DeFi) project on the Proof-of-Stake Cardano (ADA) blockchain, has announced its shutdown. “Hello Ardana community, Unfortunately, due to recent developments regarding funding and project timeline uncertainty, the Ardana project has had to come to a halt. Our code will remain open
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In its latest project update, ApeCoin has revealed details about the upcoming launch of ApeStake.io – a platform where users can stake APE tokens to earn rewards. Participants will be able to start earning rewards a week after the launch on December 12, 2022. However, the announcement includes a notable
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Update as of November 25: As of the morning of November 22, the Solana Foundation provided the latest update on their exposure to the collapse of FTX. Solana Foundation stated that ~3.24m shares of FTX Trading LTD common stock ~3.43m FTT tokens ~134.54m SRM tokens cannot be
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Chainlink (LINK) has announced the launch of its Staking v0.1 beta program on the Ethereum mainnet, scheduled for December 6th. #Chainlink Staking v0.1 Early Access launches on Ethereum mainnet December 6th at 12PM ET. This blog update covers: • Pool design • Alerting mechanism • Auto-Delegation • Staking rewards • Reputation system And
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Binance, the leading global cryptocurrency exchange, has announced the delisting of Serum (SRM) trading pairs effective November 28th. The affected pairs include SRM/BNB, SRM/BTC, and SRM/USDT. Alongside these, the exchange will also delist ARK/BTC, BEAM/BTC, BTCST/BTC, BTCST/USDT, GTO/BTC, GTO/USDT, MITH/BTC,
