Governance
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OpenChat raised $5.5 million in community crowdfunding and transferred control to the community
It is reported that OpenChat, an on-chain messaging application, raised $5.5 million in community crowdfunding and transferred control to the community. The OpenChat team said that the project will now be controlled by its chat token holder community, and will soon transfer control of the messaging application to a decentralized, token-based governance system through the service nervous system (SNS). The recent token sales totaled 2375 participants, and formed a decentralized autonomous organization (DAO) by purchasing OpenChat’s native governance tokens. After the sale, the OpenChat team said that the on-chain messaging…
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The proposal of “freezing BUSD on Aave V2” has been voted
On February 27th, the governance page showed that the proposal of the Aave community on “Freezing BUSD on Aave V2” was approved by the vote with 100% support and was implemented on February 26th. Interpretation of this information: The message informs that the proposal made by the Aave community regarding the freezing of BUSD on Aave V2 was approved by the vote and implemented on February 26th. Aave is a decentralized finance protocol that allows users to lend and borrow various cryptocurrencies. BUSD is a stablecoin pegged to the US…
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Chief Technology Officer of Composable Finance announced his resignation
It is reported that Karel Kubat, chief technology officer of Composable Finance, said that he would leave the company due to the lack of transparency and the existence of “suspicious transactions”. Interpretation of this information: The announcement that the CTO of Composable Finance, Karel Kubat, is leaving the company due to the lack of transparency and the existence of “suspicious transactions” is a troubling development for the blockchain industry. It is unclear what specific transactions Kubat is referring to or what lack of transparency he is referencing, but it highlights…
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Neutrino initiated a vote on the proposal to “suspend or terminate current governance before the release of the road map”
On February 21, according to the official news, members of the Neutrino community released a proposal on the governance forum, proposing to temporarily disable or terminate the current Neutrino governance until a clear road map is released. The proposal states that the current Neutrino system lacks transparency and directionality, making stakeholders unable to understand its long-term goals and strategies. If there is no clear direction, stakeholders will know nothing about the future of the project, and cannot make wise decisions or provide valuable feedback to improve the system. Interpretation of…
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The Dutch judge obtained the computer access right of Alexey Pertsev, developer of Tornado Cash, and will investigate the governance and profitability of its privacy service
It is reported that the Dutch prosecutor recently obtained access to Alexey Pertsev laptop, a developer of Tornado Cash, and used it to investigate key details, such as the governance and profitability of privacy services, and whether he personally benefited from privacy services. Prosecutor Martine Boerlage said that it was clear from the first scan that the suspects still had wallets in different places and nodes. Whether Pertsev acts as a relay in the network will become clearer in the short term. It is reported that the trial of Alexey…
