On January 19, according to Israeli media reports on the 19th, Israel's Minister of National Security Itamar Ben-Gweil announced that his Jewish Power Party will withdraw from the coalition government led by Prime Minister Benjamin Netanyahu. Ben-Gweil also addressed another Israeli far-right official, the leader of the Religious Zionist Party, and the Minister of Finance, Smotrih, calling on Smotrih to join him in opposing this "surrender agreement." In late 2022, with the support of the far-ri...
On January 12th, Tachi, co-founder and CEO of Playgrounds, the team behind Arc, announced a strategic cooperation with Aiccelerate DAO to provide Rust-based AI framework consulting services. The team has transferred 100% of the AICC token allocation to Arc Treasury, 30% of which will be used to create the AICC/ARC liquidity pair, and the generated fees will be returned to Arc Treasury for ecosystem construction; the remaining 70% is locked in the escrow contract and will be released linearly wit...
According to Satoshi Action Fund co-founder Dennis Porter on the X platform, as many as 20 "strategic bitcoin reserve" bills in the United States will be introduced at the state level, and there may be multiple bills within the same state. Dennis Porter says lawmakers are competing fiercely to be the first in history.
Dennis Porter, co-founder and chief executive of the Satoshi Act Fund, a bitcoin advocacy group, said in a post on the X platform that the team will introduce another "bitcoin strategic reserve" bill next week.
"DEX Clipper has been hacked due to API vulnerabilities (such as private key leakage)," Shoucccc, co-founder of security agency Fuzzland, said in a statement. "The current loss exceeds $500,000, and $6.50 million of funds are at risk. Please withdraw your money immediately."
Vitalik Buterin, co-founder of Ethereum, replied to the US Department of Government Efficiency (DOGE) on the content of government small spending mistakes, saying, "I don't quite agree with this approach of the government efficiency department, and these examples are only a small part of the total spending. If the government optimizes to avoid mistakes that look bad on Twitter, it will miss many valuable opportunities, and those that are actually more wasteful...
On October 28th, in the early morning of the 28th local time, all the seats in the 50th House of Representatives election in Japan have been determined. The Liberal Democratic Party won 191 seats, the Komeito Party won 24 seats, and the ruling coalition formed by the two parties won a total of 215 seats, failing to reach 233 seats in the majority of the House of Representatives.
Across Protocol co-founder Hart Lambur has proposed a permanent cap on the supply of 1 billion ACX tokens. If the proposal is approved by the community, Across Governance will relinquish ownership control of the ACX tokens and set them to the 0x0 address to prevent any future minting or destruction of the token supply. The proposal is currently being voted on for a temperature check, with a 99.5% approval rating. Previously reported, LayerZero CEO Bryan Pellegrino addressed the issue on social m...
Dennis Porter, co-founder of Satoshi Action Fund, said on the X platform that after a town in Norway banned bitcoin mining, electricity bills per household rose by $300, an increase of more than 25%. After the ban was implemented, the drop in electricity demand in the region caused remaining users to bear higher electricity bills to compensate for the loss of revenue caused by the withdrawal of mining companies. The change has raised concerns about cost-sharing of electricity infrastructure.
The Commonwealth Unity Fund, a political action committee funded largely by Gemini and the co-founders of Ripple Labs, has invested more than $600,000 in support of Republican Senate candidate John Deaton. According to Federal Election Commission (FEC) records, the super PAC spent about $330,000 on media purchases against incumbent Democratic Sen. Elizabeth Warren, while spending the same amount in support of Deaton. It is reported that Deaton, a lawyer who supports crypto companies such as Ripp...
Chris Zaccarelli of the Alliance of Independent Advisers said in a note that Federal Reserve Chairperson Jerome Powell's "balanced and frank" speech at the Jackson Hole meeting paved the way for a 25 basis point cut in September and "opened the door to further cuts if necessary". He argued that it was too early to say a soft landing and advised investors to "take a balanced approach to investing, neither preparing for a recession that might be coming, nor pursuing risk and becoming complacent be...
Chris Zaccarelli of the Alliance of Independent Advisers said in a note that Federal Reserve Chairperson Jerome Powell's "balanced and frank" speech at the Jackson Hole meeting paved the way for a 25 basis point cut in September and "opened the door to further cuts if necessary". He argued that it was too early to say a soft landing and advised investors to "take a balanced approach to investing, neither preparing for a recession that might be coming, nor pursuing risk and becoming complacent be...
Bitcoin mining company Bitfarms co-founder Nicolas Bonta has announced his resignation from the board of directors, with CEO Ben Gagnon appointed to the company's board of directors and lead director Brian Howlett as the new independent chairperson. Toronto-based Bitfarms fired CEO Geoffrey Morphy in May after he filed a lawsuit against the company seeking $27 million in liquidated damages. Last week, Bitfarms reported a net loss of $27 million, or a basic loss per share and...
On July 8th, local time on July 7th, the second round of voting was held in the French National Assembly election. At 20:00 local time and 2:00 am Beijing time on the 8th, the second round of voting ended. The left-wing party alliance "New People's Front" won the majority of seats. According to the latest exit polls, the far-right National League and its allies won about 115 to 150 seats, while the left-wing party alliance "New People's Front" won about 175 to 205 seats, but did not win an absol...
On July 4th, Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, said in a social media post that most market participants are not aware of the seriousness of the possible decline in Bitcoin's four-month volatility range. The closest similar situation we can find is the May 2021 range, when Bitcoin and counterfeit products also experienced a parabolic rise....