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Arbitrum Foundation presents new governance proposals following backlash

0xMain
April 6, 2023

Arbitrum, backlash, foundation, governance, Hacking, presents, proposals

Arbitrum Foundation, the Ethereum layer 2 network, has introduced two new proposals with significant changes after its initial governance proposal faced backlash from the community. The Foundation plans to keep 700 million ARB tokens, which were left in the administrative budget wallet until...

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Coinbase presents staking petition to SEC

0xMain
March 21, 2023

Coinbase, Hacking, petition, presents, SEC, staking

Coinbase presented a petition to the SEC that underlines why staking cannot be classified as securities in every circumstance. The cryptocurrency exchange Coinbase seems to have decided to engage proactively in crypto staking, which has recently drawn the authorities’ attention. This indicates that...