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Democratic senators are pressuring Tether over allegations of bribing the U.S. Secretary of Commerce
Democratic Senators Elizabeth Warren and Ron Wyden are pressuring both parties regarding Tether's alleged bribery of U.S. Commerce Secretary Howard Lutnick.According to reports, Tether provided undisclosed loans to a trust fund benefiting Howard Lutnick's children, while Cantor Fitzgerald, where How...
Florida passes the first state-level stablecoin regulation bill in the United States
According to The Block, the Florida legislature passed the SB 314 bill with a vote of 37 in favor and zero against, making it the first state in the U.S. to establish a state-level regulatory framework for stablecoins.The bill will align with the federal GENIUS Act standards, requiring stablecoin is...
Ronin co-founders announced an adjustment to the economic model, which will eliminate passive staking rewards and shift to token-weighted governance
Ronin announced an adjustment plan for its economic model, stating that as the network is expected to transition to Layer 2 by the end of March, passive staking rewards and the original validator system will be eliminated, replaced by a "proof of allocation" mechanism that provides targeted incentiv...
Solana v1 Transactions Prepare for Compatibility Check Ahead of 4096-byte Transition
The new transaction format v1 of Solana (SOL) is undergoing infrastructure compatibility checks ahead of its mainnet activation. This change increases the maximum size of a single transaction from 1,232 bytes to 4,096 bytes, but the key issue revolves around whether RPC, indexers, gRPC, and fee spon...
Despite Limited Purchases by the BCRA, Reserves Increased by Nearly $1 Billion in the Week
The monetary authority purchased $23 million during the day and accumulated $81 million in the first four days of September. Meanwhile, reserves fell by $74 million due to the impact of gold, although they remained above $50 billion.
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