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Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens

Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens

The proposed "special grants" program on the Arbitrum blockchain, which would allocate 750 million ARB tokens worth nearly $1 billion to the centralized Arbitrum Foundation without input from token holders, has caused community concerns.

Arbitrum Community Seeks Return of 700 Million ARB Tokens

Arbitrum Community Seeks Return of 700 Million ARB Tokens

The Arbitrum community has proposed the return of 700 million ARB tokens to its DAO Treasury after the Arbitrum Foundation transferred the funds without community approval. The proposal requires the foundation to return the tokens before proceeding with its budget plan, and voting ends on April 14.

Arbitrum Foundation Under Fire for Selling ARB Tokens Before Budget Ratification

Arbitrum Foundation Under Fire for Selling ARB Tokens Before Budget Ratification

The Arbitrum Foundation sold ARB tokens before the community ratified the organization's budget, leading to a governance crisis. The Foundation used the tokens for the DAO's operational purposes. The situation calls into question the efficacy of the community governance model and the power dynamics of centralized organizations in decentralized ecosystems.

How Are Uniswap’s UNI Governance Tokens Taxed?

How Are Uniswap’s UNI Governance Tokens Taxed?

Uniswap the popular decentralized exchange recently awarded members its UNI tokens. But what do holders need to know about paying tax on UNI governance tokens?

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.

Reddit $MOON Tokens Can Now Be Sold For Fiat

Reddit $MOON Tokens Can Now Be Sold For Fiat

This weekend, a Reddit user posted instructions on how to withdraw $MOON tokens and turn them into cash.

Fusion Hacked? CEO Says That 10M FSN Tokens are Gone

Fusion Hacked? CEO Says That 10M FSN Tokens are Gone

The blockchain-based financial platform, Fusion Network has announced a compromised wallet on Sept. 28. The Fusion swap wallet compromise resulted in a theft of 10 million native FSN tokens.

Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient

Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient

The market correction though encompassing has some resilient tokens including BAT, CELO, HEDG.

SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged

SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged

Decentralized exchange platform Uniswap just launched its own governance token UNI today, and 130,000 UNI tokens were gifted to its hard fork SushiSwap.

DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

Following Coinbase’s announcement, AAVE, BNT, and SNT tokens all surged, rallying from 10% to 24%.

Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens

Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens

Thailand's Mystic Valley music festival will be accepting payment for tickets from attendees through its own native MYST tokens.

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.

Ripple Releases One Billion Tokens from Escrow Again, Does This Influence XRP's Price Movement?

Ripple Releases One Billion Tokens from Escrow Again, Does This Influence XRP's Price Movement?

Ripple released a total of 1 billion XRP from its Ripple escrow account in two separate transactions of 500 million tokens each. Will XRP price plummet?

Is NEO About To Crash? Developers Unleash 1.6 Million Tokens

Is NEO About To Crash? Developers Unleash 1.6 Million Tokens

Launched in 2014 as Antshares and later rebranded as NEO in 2017, the leading Chinese-based technology platform could now witness a massive price fluctuation in the market as its developers have unleashed 1.6 million NEO tokens which represent 2.3% of its total circulating supply.

Kraken Newly Announces to XRP Holders Its Support for Spark Tokens’ Upcoming Airdrop, XRP Climbs Higher

Kraken Newly Announces to XRP Holders Its Support for Spark Tokens’ Upcoming Airdrop, XRP Climbs Higher

After Kraken signaled that it was not planning on supporting the upcoming Spark tokens’ airdrop, the cryptocurrency exchange appears to have changed its mind.

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