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Arbitrum's Governance Token Return Proposal Rejected

Arbitrum's Governance Token Return Proposal Rejected

A proposal to return 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by 84% of the total votes received. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval in March.

Proposal to Return ARB Tokens to Arbitrum DAO Treasury Rejected

Proposal to Return ARB Tokens to Arbitrum DAO Treasury Rejected

A proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO treasury was rejected after receiving only 14.5% of the total votes. The proposal called for the foundation to return the tokens as a symbolic gesture to demonstrate the DAO's control over the governance holders. The rejection comes amid a dispute between Arbitrum's community and foundation over its governance proposal AIP-1.

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy announced that it completed a sale of convertible senior notes worth $1.05 billion to acquire more Bitcoins.

Bitcoin, Bumble, and Beyond

Bitcoin, Bumble, and Beyond

What do Bitcoin and Bumble have in common? They’re both showing us glimpses of the #AIP future.

Aave (LEND) Is Up By Over 11,000 Percent This Year, DeFi Market Reaches $11 Billion in Total Value Locked

Aave (LEND) Is Up By Over 11,000 Percent This Year, DeFi Market Reaches $11 Billion in Total Value Locked

The continuous rise and the unending support for the decentralized finance (DeFi) industry has resulted in a total of $11 billion in total value locked.

Aave Makes History as Core Developers Transfer Governance to Token Holders

Aave Makes History as Core Developers Transfer Governance to Token Holders

DeFi project Aave, has transferred the protocol’s governance rights over to its token holders, allowing the community to control the future of the network.

Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound

Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound

Aave is taking the open finance sector by storm reaching number one on the Defi Pulse rankings, beating Maker and Compound.

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