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Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass
This is, in the grand scheme of things, exactly how Warren’s AML operates. Warren’s proposal is written in such a way to increase reporting requirements for nearly every corner of crypto. This includes anything from centralized exchanges, where filing “suspicious activity reports” (SARs) might make sense, and for parts and players in blockchain where the…
Crypto Token CNC Price Gains 50% as DeFi Platform Conic Finance Plots Return After Hack
According to the governance post, the protocol will hold voting in two days about the list of supported Omnipool assets, whitelisted Curve pools for each Omnipool and initial liquidity allocation weights. Once the votes conclude, a separate governance proposal about the v2 deployment will include new features, reimbursement schemes and incentives. Source link
Celestia, Blockchain Data Solution, Sees TIA Token Surge as Polygon Plan Announced
On-chain activity on Celestia remains muted despite the rise of TIA. There has been 872,700 transactions on the Celestia blockchain since it went live on Oct. 31, with 362,000 of those being added over the past 30-days. Its monthly rolling average is at around 12,000. Source link
StarkWare Distributing $3.5M Fees to Developers in ‘Devonomics’ Program
According to a press release, about 10% of the network fees from the project’s launch through Nov. 30 – amounting to about 1,600 ETH – will be distributed, intended to support the Starknet ecosystem. In time, future distributions will occur in STRK, the native governance token of the Starknet blockchain. Currently, 8% of the fees…
Binance Peer-to-Peer Trading Platform Halts Ruble Support Following Russia Exit
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Q Protocol to Apply International Court of Arbitration Rules to DeFi Disputes in a Sign of Growing Industry Maturity
“The participants in the Q ecosystem (13 projects have signed on to use the services) are parties to the private contract that is the Q Constitution,” Biagosch said. “They have agreed therein that the ICC Court of Arbitration shall, based on the Q Constitution and through its rules of procedure, be the only mechanism to…
U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago
This morning’s inflation data Source link
Cathie Wood's ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares
Digital asset manager Grayscale’s bitcoin investment vehicle’s shares fell 8.6% Monday, reflecting the day’s 5.8% drop in bitcoin. Source link
China’s Ministry of Public Security Starts Blockchain-Based Real-Name Decentralized Identifier System
China’s top six social media platforms, including WeChat, Sina Weibo, Douyin, Kuaishou, Bilibili, and Xiaohongshu, mandate content creators with over 500,000 or 1 million followers to publicly display their real names or those of their financial backers, state media reported in October. Source link