A new governance vote has passed that invalidates yesterday’s move, with 99% of the votes supporting the new decision.
The post New Solend vote invalidates governance decision to take over whale account appeared first on The Block.
The crypto lending firm froze withdrawals and paused transfers between accounts on June 12, citing ‘extreme market conditions.’
The post Celsius says it’s determined to find a resolution a week after halting withdrawals appeared first on The Block.
The announcement comes following a rapid rise in the CryptoPunk collection’s floor price.
The post Christie’s NFT maven joins Yuga Labs to steward CryptoPunks appeared first on The Block.
A “yes” vote was meant to: “Enact special margin requirements for large whales that represent over 20% of borrows and grant emergency power to Solend Labs to temporarily take over the whale’s account so the liquidation can be executed OTC.”
The post Solend users vote in favor of proposal to mitigate risk imposed by ‘whale’ appeared first on The Block.
The vote, which ended on Saturday evening, may motivate workers at its other retail locations to move forward with organizing.
The post Apple workers vote for company’s first unionized US store, CNBC says appeared first on The Block.
The hub’s Eurosystem Centre will open locations in Frankfurt and Paris and work with all 19 euro area central banks and the European Central Bank.
The post BIS Innovation Hub to create platform addressing collapse of stablecoins, DeFi lenders appeared first on The Block.
The lawsuit alleges that Musk’s consistent messaging that he was a fan of the cryptocurrency led directly to its price spike, and when market conditions changed, investors lost out.
The post Musk tweets that he will keep supporting Dogecoin, in spite of lawsuit appeared first on The Block.
The testing process will assess whether an “exposure free” approach makes a CBDC less vulnerable to hackers.
The post Israel working with Hong Kong to test digital currency risk, Bloomberg says appeared first on The Block.
The market developments come amid multiple crises in the crypto space.
The post Bitcoin continues to fall, drops below $19,000 as crypto market tumult continues appeared first on The Block.
The lawsuit accuses Coinbase of failing to disclose the risks inherent to TerraUSD.
The post Coinbase sued in relation to promotion of TerraUSD cryptocurrency appeared first on The Block.
