Governance

Ethereum Foundation unveils comprehensive treasury plan to balance capital and privacy commitments

Ethereum Foundation unveils comprehensive treasury plan to balance capital and privacy commitments

Ethereum Foundation has released a sweeping update to its treasury management strategy, signaling a more mature, structured approach to capital allocation amid ETH’s growing global influence and rising institutional scrutiny. The new framework, published on June 4, outlines how the foundation will manage reserves, deploy capital in DeFi protocols, and assess privacy standards, while maintaining […]

Ethereum Foundation unveils comprehensive treasury plan to balance capital and privacy commitments Read More »

Sui community approves release of 2M in tokens frozen during Cetus hack

Sui community approves release of $162M in tokens frozen during Cetus hack

Validators representing nearly 91% of Sui stake approved an on-chain proposal to release about $162 million seized during last week’s Cetus exploit, allowing the DEX to reimburse users and restore full operations. Cetus said in a social media post that the 48-hour referendum closed on May 29 when more than two-thirds of the network endorsed

Sui community approves release of $162M in tokens frozen during Cetus hack Read More »

A Blockchain Platform Focused On Interoperability

A Blockchain Platform Focused On Interoperability

ICON (ICX) is a blockchain platform designed to facilitate interoperability between various blockchain networks and enable the creation of decentralized applications (DApps) that can interact with one another. ICON aims to create a decentralized network of blockchains that can communicate and collaborate seamlessly, allowing for more efficient and interconnected blockchain ecosystems. ICON uses

A Blockchain Platform Focused On Interoperability Read More »

Cetus seeks Sui community nod to unlock 2M to make users whole

Cetus seeks Sui community nod to unlock $162M to make users whole

Sui-based protocol Cetus said on May 27 that it can reimburse every user affected by its May 22 exploit if Sui token holders approve the return of frozen funds in an upcoming on-chain vote. Cetus said in a May 27 social media post that its cash and token reserves, combined with a secured loan from

Cetus seeks Sui community nod to unlock $162M to make users whole Read More »

Cardano’s Hoskinson denies ADA misappropriation allegations, calls them deeply personal and damaging

Cardano’s Hoskinson denies ADA misappropriation allegations, calls them deeply personal and damaging

Cardano founder Charles Hoskinson expanded his response to allegations that Input Output Global (IOG) misappropriated over 318 million ADA from unredeemed pre-sale wallets, calling the situation deeply personal and damaging. In a May 18 post on X, Hoskinson reflected on the reputational toll of the allegations, noting that the incident has reshaped his view of

Cardano’s Hoskinson denies ADA misappropriation allegations, calls them deeply personal and damaging Read More »

Bitcoin DeFi protocol Liquidium’s rebrand and staking model propel LIQ token to new heights

Bitcoin DeFi protocol Liquidium’s rebrand and staking model propel LIQ token to new heights

Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking model tied to the platform revenue. The protocol’s native token LIQ has climbed over 73.3% since the proposal was approved earlier this week. It was trading at roughly $0.25 as of press time, based on CoinGecko data. Liquidium introduces staking On

Bitcoin DeFi protocol Liquidium’s rebrand and staking model propel LIQ token to new heights Read More »

Base becomes 10th L2 network to reach at least Stage 1 decentralization

Base becomes 10th L2 network to reach at least Stage 1 decentralization

Base has reached “Stage 1 Decentralization” by introducing fault proofs and a decentralized Security Council to its network structure, the layer 2 blockchain announced in a blog post on April 29. Fault proofs allow any participant to propose or challenge claims about Base’s state, with open-source challenger software and financial incentives supporting permissionless dispute resolution. 

Base becomes 10th L2 network to reach at least Stage 1 decentralization Read More »

Ethereum Foundation introduces new leadership model based on management team, board of directors

Ethereum Foundation introduces new leadership model based on management team, board of directors

The Ethereum Foundation (EF) announced a restructuring of its leadership on April 28, highlighting the focus areas of its two co-executive directors and separating the work areas of its management team and board of directors.  The changes are part of an effort to enhance strategic execution, strengthen internal operations, and further support the Ethereum (ETH)

Ethereum Foundation introduces new leadership model based on management team, board of directors Read More »