Cardano governance is in crisis as an 81% stake majority opposes a 32.9 million ADA research funding proposal. Summary An 81% active stake majority is opposing a 32.9 million ADA proposal to fund Input Output Global’s research lab for another year through Cardano’s treasury. Founder Charles Hoskinson called the vote existential for Cardano’s identity as
Key Takeaways Probing suspicious Polymarket bets, James Comer’s investigation forces platforms to show their safeguards against insider trading. Sparked by proven insider trading moves, the probe exposes market risks and will likely drive new rules. After Gannon Ken Van Dyke made $400K, Congress will next use this probe to draft prediction market laws. Rep. James
To get internet access in your home, you need both a modem and a router. They aren’t interchangeable, and they serve two very different functions. If you think of your home as an island, the modem is the port where the big cargo ships come in from the world wide web, and the router is
Messages left on-chain from the hacker’s address appear to set the record straight about the root causes of the Cork Protocol incident. Source link
Mario Nawfal’s viral interview casts Patrick Gruhn as one of the few FTX insiders who not only survived but materially profited from the wreckage. Summary Gruhn sold his firm to FTX for about $400 million and later repurchased FTX Europe’s assets for roughly $32.7 million after bankruptcy His new platform UpsideOnly executes trades with company
Key Takeaways Hackers drained $700K in POL from Polymarket after compromising a 6-year-old internal private key. ZachXBT alerted users, but Polymarket confirmed all user funds remain fully safe. To prevent further incidents, Polymarket will next move all private keys to KMS. Polymarket Faces Security Event: No User Funds Affected Polymarket, one of the largest prediction
Luckio reportedly paid influencers huge sums for promotion, but has left many users skeptical about the funds. Source link
On May 22, 2010, a programmer named Laszlo Hanyecz traded 10,000 BTC for two pizzas worth roughly $41. Today, those same coins are valued at approximately $773M, as Bitcoin Pizza Day marks its 16th anniversary. The question this anniversary raises isn’t whether Laszlo made a mistake. The real question is what holding this asset through
Meta has quietly released a new standalone app for Facebook Groups, called “Forum.” The company seems to be positioning Forum as a platform that functions similarly to Reddit, describing the app as a “dedicated space built for deeper discussions, real answers and communities you care about.” The app appears to have been first spotted by
Germany’s Finance Committee has rejected a proposal from the Green Party to scrap the country’s tax exemption for cryptocurrencies held longer than one year. Summary Germany’s Finance Committee rejected a Green Party proposal to end the country’s one-year crypto tax exemption for long-term holders. CDU/CSU, AfD, and SPD lawmakers opposed the measure for different reasons,