The 88th session of the Texas Legislature has passed a series of bills set to influence the state’s bitcoin mining industry. In the recent 88th legislative session, Texas lawmakers have made strides in legislation impacting local bitcoin miners. Several bills have passed which...
A proposal to combine the world’s largest decentralized autonomous organization, BitDAO, with the Ethereum-based layer-2 scaling protocol, Mantle, has been approved. The approval on May 19 sets the stage for BitDAO’s existing products, ecosystem, and native token, BIT, to change its branding to...
S.B. 178, a pro-cryptocurrency mining measure, has been signed into law by Montana Governor Greg Gianforte. The action effectively preempts municipalities in Montana from banning bitcoin mining. Satoshi Action Fund, a cryptocurrency advocacy organization, has backed pro-mining laws in a few jurisdictions. A...
PancakeSwap, a leading decentralized exchange (DEX) on the BNB Smart Chain (BSC), has passed the CAKE Tokenomics v2.5 Decision Proposal that makes their native token scarcer. The proposal aimed to transform the tokenomics model of CAKE, the DEX’s utility token. The primary focus...
On April 25, the South Korean parliament’s National Policy Committee passed the first step of the country’s crypto bill, the Virtual Asset Investor Protection Act. According to local media reports, the bill was approved by the Legislative Review Subcommittee of the National Assembly...
The Uniswap community has fully supported a proposal to deploy the exchange’s protocol to the Polygon Zero Knowledge Ethereum Virtual Machine rollup (zkEVM). All participating UNI token holders unanimously voted on the proposal to see a large list of projects built on the...
The Utah State Legislature, recently passed the Utah Decentralized Autonomous Organizations (DAO) act, otherwise known as under Act HB 357, Reported at the beginning of March by the National Law Review, the Act resulted from combined efforts between the Digital Innovation Taskforce and...