proposal – DIGIT INFO

Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn

A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating that there was “absolutely nothing wrong with paying for the […]

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Solana wind down ‘deemed a necessity’ after low fees, says Lido Finance

Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.

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Ethereum staking services agree to 22% limit of all validators

The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization.

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Crypto memes can be considered financial promotions, says UK watchdog

Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.

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ETH DeFi ‘circuit breaker’ could cut hack losses by 70% — Developer

Diyahir Campos, a smart contract developer behind the new ERC proposal, sought to take action after becoming a victim of the Euler Finance hack in March.

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BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe

Some DAO members joked about the situation while others believed there may be an ulterior motive at play.

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‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules

Industry representatives have cast doubt on the legality and impact of the United States securities regulator’s proposal to expand custody rules.

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Forget HTTP: Ethereum has a new URL standard that can’t be blocked

Under a newly rolled out Ethereum standard, DApps and NFTs can be accessed by internet users without the worry of centralized censorship.

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Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of the project’s stablecoin, DAI. Makerdao Proposes Changes to Limit Exposure […]

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LinksDAO likely to put in ‘compelling offer’ to buy Scottish golf course

If the final tally remains in favor of the purchase, the LinksDAO acquisition committee will officially put out a “compelling offer” to purchase the golf course.

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