On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, a proposal executed on Aave, which is built on the Ethereum (ETH) network, was sent to the Polygon (MATIC) FxPortal. … [Read more...] about First cross-chain governance proposal passes on Aave
Passes
Crypto Browser Brave Passes 50M Monthly Active Users
Crypto-centric browser firm Brave announced it had passed 50 million monthly active users, doubling growth on a year-over-year basis for the fifth year in a row. Daily active users averaged 15.5 million during December.Brave Search, the privacy-preserving search engine launched last year, had 2.3 billion annualized queries. Other products launched in 2021 were crypto wallet … [Read more...] about Crypto Browser Brave Passes 50M Monthly Active Users
Terra Passes Highly Anticipated Proposal to Burn Nearly 89M LUNA
The Terra community on Tuesday night passed a popular proposal to burn about 88.7 million terra (LUNA) tokens, worth roughly $4.5 billion at current prices, and mint about four million to five million UST stablecoins, a decision that should further boost the Terra project, according to analysts. Source link … [Read more...] about Terra Passes Highly Anticipated Proposal to Burn Nearly 89M LUNA
Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
Companies issuing digital assets, or providing fiat on-ramps and crypto trading services would have to notify Kazakhstan’s Ministry of Digital Development, Innovation and Aerospace Industry when they launch their services or shut them down, Sputnik said. Source link … [Read more...] about Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
Infrastructure bill passes, Coinbase posts $1.6 billion in Q2 profit, $600 million stolen in DeFi hack: Hodler’s Digest, Aug.8-14
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week Infrastructure bill passes US Senate — without clarification on cryptoOn Tuesday, the … [Read more...] about Infrastructure bill passes, Coinbase posts $1.6 billion in Q2 profit, $600 million stolen in DeFi hack: Hodler’s Digest, Aug.8-14