SushiSwap Looks into Newly Proposed Update for DAO Structure
SushiSwap has a proposal to update its website. It aims at creating a new DAO structure, Meiji. Sushi governance voting included new changes, such as using non-transferable shares.
Crypto Exchange Kraken Agrees to EU Sanctions Against Russia
Kraken joins a long list of crypto-exchanges that have been forced to leave the country by increasingly harsh EU sanctions.
Tesla’s Bitcoin Holdings are Worth $218 Million Today
Even after the bear market and the Twitter battle, Tesla continues to be the largest Bitcoin-holder corporation.
Financial Regulators in South Africa Confirm Crypto is a Financial Product
A general notice in a government gazette stated that crypto assets will now be treated as financial products under South Africa’s Financial Advisory and Intermediary Services Act (FAIS).
Policy Makers From The Bank of England Say DeFi is Not Decentralised
In a Wednesday speech, an external member of the UK central bank’s financial policy committee highlighted the pitfalls associated with decentralized finance governance.
Protests Erupt in Europe as Inflation Rockets and No End in Sight
The Eurostat statistics office of the European Union reported Wednesday that annual inflation in the Eurozone rose to 9.9% in September from 9.1% in August.
Energy Used by Crypto Miners in Europe Could Face Power Outages
As Russia’s energy supply is limited, Brussels authorities are making efforts to reduce electricity consumption. This is in response to the EU’s reliance on Russia.
Bluesky’s Decentralised Social Network plans Outlined
ounded within Twitter, this group is working on the creation of a decentralized protocol that limits the ability of corporations and governments to influence social networks in a negative way.
President Biden ‘The US Economy is Strong’
According to the White House, Biden has “done the work” to solve the problem and is aware of it, and that he has worked hard to address the problem.
‘Hacktober’ Continues With DeFi Platform Moola Market Losing $8.4 Million
Following an exploit, Celo network-based Decentralized Finance (DeFi), lending protocol Moola Market was forced to halt operations.
