Cryptocurrency
ENS Labs Scales Back Treasury Proposal After Delegate Pushback
ENS Labs has revised a governance proposal after delegate criticism over treasury control, choosing to keep the DAO’s primary operational wallet custody in place rather than moving broader control to the Foundation.According to the validated notes, the revised plan...
Cryptocurrency
Pump.fun Laid off Workers Before They Received Millions in PUMP Tokens: Report
Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly.Source link
Cryptocurrency
Uniswap Fee Switch Activation Puts UNI Burn Mechanics Back In Focus
Uniswap governance has activated a protocol fee switch on v4 liquidity pools, pushing protocol revenue higher and directing collected fees toward UNI buy-and-burn mechanics rather than direct distributions to tokenholders.The validated notes point to Uniswap Governance Proposal 100 passing...
Cryptocurrency
CleanCore’s $800M AI Contract Shows Dogecoin Treasury Firms Are Changing Shape
CleanCore Solutions has signed a 10-year colocation agreement with Cerebras Systems valued at $800 million, and the story is not just that a small public company has moved into AI infrastructure. It is that a company previously known in...
Cryptocurrency
Kansai Electric Rewards App Opens JPYC Stablecoin Conversion On Polygon
A rewards subsidiary of Kansai Electric Power has launched a loyalty-points conversion route into JPYC on Polygon, giving Japanese users a small but meaningful bridge between closed-loop reward points and on-chain stablecoin payments.The integration involves MOACT’s rewards app, NORM...
Cryptocurrency
Ex-FTX Users Report Funds Being Released in $900M Distribution Round
Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses.
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Cryptocurrency
Lite Strategy Funds $5.4M Buyback With Litecoin Sales And Covered Calls
Lite Strategy has repurchased 4.9 million shares for $5.4 million, using Litecoin treasury activity and covered-call premiums to fund the buyback.The company said the repurchase represented 13% of shares outstanding, with an average price of $1.11 per share. The...
Cryptocurrency
Tether Reports $1.5B Q2 Profit as Reserve Surplus Tops $4.1B
Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector.
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Cryptocurrency
Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees
Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most important settlement layers in crypto, but its base-chain revenue has cooled sharply.The validated July 31 notes show Ethereum...
Cryptocurrency
Granite Protocol Listing Shows Bitcoin DeFi Is Still Building On Stacks
Granite Protocol has been listed on Borrow on Bitcoin, adding another lending route for users who want to put Bitcoin-linked collateral to work without leaving the broader Bitcoin DeFi stack.The listing centers on Granite’s Stacks-based lending market, where users...
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Lake Kariba disaster: Death toll from Zimbabwe ferry accident rises to 93
The death toll from a ferry disaster on Zimbabwe's Lake Kariba has risen to 93, which makes it the...