Mango DAO votes on settlement offer with SEC The offering involves the destruction of all MNGO governance tokens of the DAO. Voting ends on Thursday. Mango DAO members support the proposal to destroy the MNGO governance token and pay a hefty fine in a proposed settlement with the US Securities and Exchange Commission. On Monday, … Read more
A version of this article appeared in Us Decentralization Newsletter on 20 August. Sign up Here. GM, Tim Here. Here's what caught my DeFi-eye recently: Ethereum has never been this cheap. The $63 million stablecoin AEUR was hit by a bank blow. Arbitrum DAO wants to solve its voter apathy woes. Ethereum's low fees Ethereum's … Read more
The long-anticipated Bitcoin bull run has run out of steam. However, several factors are likely to turn it around. Bitcoin is in a bit of a funk. Although the price of Bitcoin has increased by almost 40% since the beginning of 2024, this is not the bull run predicted a few months ago. With Bitcoin … Read more
Trump has said he intends to offer Musk a role in government. Tesla CEO Doug responded by joking about MemeCoin. Musk's earlier dose quips that its price has skyrocketed. The Trump-Musk bromance shows no signs of cooling down. Hot on the heels of their heated chat last week, former President Donald Trump now appears ready … Read more
Crypto leaders hope that Kamala Harris will patronize the industry unlike Joe Biden. However, the Democratic Party today unveiled a platform that does not mention Bitcoin or crypto. Will Vice President Kamala Harris Support Crypto If Elected? On Monday, that thought seemed a little less likely — for two reasons. First of all, the Democratic … Read more
US derivatives watchdog wants to ban betting on election results Forecast markets are an important source of data, economists say. A version of this story appeared in Us The Guidance Newsletter on 19th August. Sign up Here. Written by Ben Weiss News Economists are rushing to the defense of prediction markets like Polymarket. That is … Read more