governance crisis
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.
Uniswap DEX Launches UNI Governance Token
Uniswap, the decentralized exchange platform, and the on-chain market maker has launched its own governance token called Uni.
Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology
The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.
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?
Exclusive: Does Forking Mechanism Allow for a Better Blockchain Governance Model?
Nathan Kaiser, Chairperson of the Cardano Foundation and a long-time lawyer in the technology sector, shares his views on the crypto regulatory issues in different jurisdictions and blockchain governance. In particular, Nathan examines whether forking mechanism allows for a better blockchain governance and the reason why “blockchain governance = community governance”.
Uniswap Anticipates Voting Outcome on Second Governance Proposal of a 5 million UNI Airdrop
The Uniswap community is currently voting on its second governance proposal for distributing 5 million UNI governance tokens to the DEX's users.
Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?
When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model. What is the story behind?
Deepak Chopra Partners with Hedera Hashgraph to Leverage Blockchain for COVID-19 Mental Health Support
Renown Indian-American author Deepak Chopra discussed how blockchain technology could help in improving mental health during the current pandemic crisis.
Klaytn Adds Huobi to Growing Blockchain Governance Council
Klaytn has announced that Huobi has signed on as the latest member of its Governance Council for South Korean internet giant Kakao’s public blockchain project.
Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges
Chaintope, a Japanese blockchain startup, has developed a public blockchain protocol known as Tapyrus to tackle some of the governance issues currently being witnessed in the blockchain space. For instance, some of the challenges noted in public blockchains include privacy concerns and sluggish transaction speeds.
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.
Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis
Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.
Why Uniswap's First Governance Proposal Failed, Although 98% Were in Favor
The first governance vote for decentralized exchange Uniswap has ended in defeat, although the proposal has attracted 98 percent of supporting votes.