Less than 1% of all holders have 90% of the voting power in DAOs: report
Cointelegraph
Less than 1% of all holders have 90% of the voting power in DAOs: Report
The Chainalysis report highlighted that although all governance token holders have voting rights, the right to make a new proposal for the community and to pass it is not very easy for everyone, given the number of tokens required to do so.
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Hundreds of Bored Ape owners sign up to hire out their NFTs to brands
Cointelegraph
Hundreds of Bored Ape owners sign up to hire out their NFTs to brands
Blockchain accelerator Mouse Belt Labs launched the marketplace called Boredjobs claiming that it will list all 10,000 BAYC NFTs on its website for brands to browse through.
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Hardware crypto wallet sales increase as centralized exchanges scramble
Cointelegraph
Hardware crypto wallet sales increase as centralized exchanges scramble
Hardware wallet providers are benefiting from this bear market, as users migrate funds to cold storage solutions due to the problems centralized custodians.
‘Hypocrisy’: Judge denies SEC motion to keep Hinman docs secret in Ripple case
Cointelegraph
‘Hypocrisy:’ Judge denies SEC motion to keep Hinman docs secret in Ripple case
Judge Sarah Netburn denied the SEC’s motion to protect drafts of a 2018 speech made by former director of the Division of Corporation Finance Bill Hinman.
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34% of gamers want to use crypto in the Metaverse, despite the backlash
Cointelegraph
34% of gamers want to use crypto in the Metaverse, despite the backlash
In terms of NFTs, 16% of gamers stated that they have purchased the asset class in the past. However, it is unclear whether they were gaming utility-specific NFTs.
Australian central bank governor favors private sector crypto technology
Cointelegraph
Australian central bank governor favors private sector crypto technology
At a G20 meeting for finance officials, Australian central bank said that risks from stablecoins and DeFi could be mitigated with regulations.
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US authorities arrest former Coinbase manager, alleging insider crypto trading
Cointelegraph
US authorities arrest former Coinbase manager, alleging insider crypto trading
The U.S. Attorney’s Office for the Southern District of New York said in conjunction with the New York Field Office of the Federal Bureau of Investigation it had filed an indictment against former Coinbase Global product manager Ishan Wahi as well as Nikhil…
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Mike Novogratz warns that 200x returns from crypto are ‘not normal’
Cointelegraph
Mike Novogratz warns that 200x returns from crypto are ‘not normal’
Mike Novogratz, the CEO of cryptocurrency asset management firm Galaxy Digital has warned investors that making 200X returns on any investments simply isn’t normal.
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The Merge is Ethereum’s chance to take over Bitcoin, researcher says
Cointelegraph
The Merge is Ethereum’s chance to take over Bitcoin, researcher says
Ethereum researcher, Vivek Raman, explains how The Merge will impact Ethereum and why it is one of the biggest milestones in the history of crypto.
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Crypto Council for Innovation hires government insiders to build leadership team
Cointelegraph
Crypto Council for Innovation hires government insiders to build leadership team
Linda Jeng will be the CCI’s chief global regulatory officer and general counsel, while Brett Quick will join as the council's head of government affairs for North America.
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