The biggest changes would see Uniswap governance ditch its requirement for off-chain “snapshot votes” that precede on-chain votes. It would drastically raise the barrier for clearing preliminary votes, a move that will “prevent lower quality proposals” from breaking through, according to Walsh’s blog. Original Source CryptoDEXsFoundationGovernanceProcessesProposesUniSwapVoting CryptoX Portal
Day: December 9, 2022
FalconX Discloses Assets Locked on FTX
The crypto trading firm says it can take the pain. Source
India Looks to Coordinate Global Crypto Rulemaking as It Assumes G-20 Presidency
“The IMF is [a member] of the FSB but the FSB, established after the 2009 G20 London Summit is seen to be closer to the G20 and the U.S. at a time of Russia’s war against Ukraine,” said a source often consulted on policy matters by India’s Finance Ministry. “India may not want to alienate its old ally, Russia. Instead, a subtle shift towards the IMF may be seen as more neutral.” Source
Bitcoin’s Lightning Network Could Be Getting a Privacy Upgrade
“BOLT 12 adds a ton of functionality to Lightning invoices. It also adds privacy,” said Jack Sweeney, communications manager at LN Capital, creators of Torq – capital management software for Lightning routing nodes – in an interview with CoinDesk. “The real difference between BOLT 12 and something like lnproxy is that BOLT 12 is a protocol-based solution, whereas something like lnproxy is an application layer solution.” Original
Crypto.com Releases Proof-of-Reserves Data Showing Client Assets Are Fully Backed
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts
Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Attention turns to Bitcoin vs. CPI “big trigger” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to come closer to $17,000 after passing the level overnight. The pair reacted badly to U.S. Producer Price Index (PPI) data, which despite being above expectations still beat the readout from the month prior. “Bit of an over reaction towards PPI, which has been dropping significantly…
CZ and SBF duke it out on Twitter over failed FTX/Binance deal
Binance CEO Changpeng Zhao, or CZ, and former FTX CEO Sam Bankman-Fried, or SBF, have revealed new details about the failed agreement between the exchanges during FTX’s liquidity crisis in November. In a Dec. 9 Twitter thread, CZ referred to Bankman-Fried as a “fraudster,” saying Binance exited its position in FTX in July 2021 after becoming “increasingly uncomfortable with Alameda/SBF.” According to the Binance CEO, SBF was “unhinged” at the exchange pulling out — a claim that prompted an online response from the former FTX CEO. Bankman-Fried criticized CZ for…
Kevin O’Leary Says FTX Collapse Makes Him and Other Investors in the Crypto Exchange ‘Look Like Idiots’
Shark Tank star Kevin O’Leary says that the collapse of FTX made him and other prominent investors look ‘like idiots.’ In a new interview on CNBC Squawk Box, O’Leary says former FTX CEO Sam Bankman-Fried being an American citizen subject to US laws contributed to making the company an attractive investment for institutional investors. He also says that some of the narratives centered around Bankman-Fried, such as having parents who are compliance lawyers, kept investors from thinking anything was amiss. “I obviously know all the institutional investors in this deal.…
Over the Last Year, Bitcoin’s Market Cap Slid From the World’s 8th Most Valuable Asset to the 26th Position – Markets and Prices Bitcoin News
In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last year on Nov. 9. Since then, bitcoin is 75% lower in value against the U.S. dollar and the leading crypto asset’s market capitalization has dropped down to the 26th largest position among the most valuable assets and companies worldwide. Bitcoin’s Market Cap Is Just Below Chevron’s and Just Above the Home Depot’s Market Valuations Just over a year ago in…
Crazy Mars Squirrel Announced Multiple Co-branding & Its Commercial Layout Worldwide
Recently, Crazy Mars Squirrel successively announced co-branding partnerships between its series NFTs and over 10 brands around the world, covering technology, medicine, real estate, agriculture, consumption, health services, etc. The released all-around multilevel cooperations immediately drew the attention of industry insiders and the media. Since its market launch, Crazy Mars Squirrel has deployed strategic plans in the field of new digital business and made much good news. As of press time, the floor price of Crazy Mars Squirrel has surged from 2ETH in the first launch to the current 8.85ETH,…