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Arbitrum Proposes 75 Million ARB Short-Term Incentive Program

Arbitrum Proposes 75 Million ARB Short-Term Incentive Program

Arbitrum ($ARB) Incentives Working Group proposes a Short-Term Incentive Program to distribute 75 million ARB tokens from DAO-funded incentives to active protocols on the Arbitrum network. The program aims to support network growth, experiment with incentive strategies, find new grant models, and collect incentive data for future programs.

Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch

Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch

Chaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy. Governance proposals will guide the distribution of DYDX rewards, maintaining transparency and community oversight throughout the program.

Su Zhu Amongst Creditors Files $5m Claim against His Own Firm: Sources

Su Zhu Amongst Creditors Files $5m Claim against His Own Firm: Sources

Su Zhu, the co-founder, and CEO of bankrupt Three Arrows Capital (3AC) is reportedly amongst the creditors that filed claims against the embattled crypto hedge fund.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Japan’s central bank has recently revealed that it has created a new team to research on Central Bank Digital Currencies.

US Lawmaker Mike Collins' $65K Ethereum Investments: Navigating Ethics and Market Dynamics

US Lawmaker Mike Collins' $65K Ethereum Investments: Navigating Ethics and Market Dynamics

Rep. Mike Collins discloses purchasing up to $65,000 in Ethereum in early 2024, amid market surges and political events. His actions, while legal under the STOCK Act, raise questions about ethical implications and the need for stricter regulations in lawmakers' digital asset investments.

BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test

BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test

In the aftermath of the current Coronavirus market crash and the subsequent incoming inflation that will be caused by the response of the Federal Reserve and Central banks, Bitcoin will face its truest test and be given its its biggest opportunity to prove itself in its short lifetime according to new research from global crypto exchange BitMEX.

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m

MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.

Cardano to Allow the Community to Vote on New Projects, $250,000 Worth of ADA Up for Grabs

Cardano to Allow the Community to Vote on New Projects, $250,000 Worth of ADA Up for Grabs

Cardano's Project Catalyst, which was introduced earlier this year, is a new experimental treasury system that would combine proposal and voting procedures.

Argo Mining Crypto Production Rose to 219 BTCs in July

Argo Mining Crypto Production Rose to 219 BTCs in July

Argo not only mined more Bitcoins in July, but also generated higher revenues than the previous month. The crypto mining firm faced challenges of electricity costs and its 17 series machines during the month of July.

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Ethereum's co-founder, Vitalik Buterin, reflects on Ethereum's protocol enhancement strategies in a recent blog post, weighing the merits of a minimalistic approach versus enshrining more features into the core protocol to address various user needs and system efficiencies. The discussion encompasses account abstraction challenges, the shift towards enshrinement, and the exploration of specific enshrinement targets like ZK-EVMs, proposer-builder separation, private mempools, liquid staking, and precompiles.

Binance Introduces New Fan Engagement Platform for Ukrainian Football Team FC Shakhtar

Binance Introduces New Fan Engagement Platform for Ukrainian Football Team FC Shakhtar

Binance has announced that it will introduce a new fan programme for Ukraine football team FC Shakhtar.

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