Tag: Citing

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BGD to Leave Aave Citing Governance Tensions

The development team said that disagreements over direction, particularly around Aave V4, drove the decision.BGD Labs, one of the main teams that builds and...

DeFi protocol ZeroLend shuts down after 3 years, citing inactive chains and hacks

Decentralized lending protocol ZeroLEnd is winding down operations after three years, citing unsustainable economics amid inactive blockchains and rising security threats.The protocol, which ran...

Ripple Seeks Fed Payment Account Changes, Citing Implications for RLUSD and XRP Infrastructure

Ripple pushes the Federal Reserve to modernize payment account rules to support stablecoin issuers, arguing targeted reforms could strengthen dollar dominance, reduce systemic risk...

ENS Abandons Its planned Namechain L2, Citing Drastically Lower Gas Costs

Ethereum domain name service provider ENS has canceled plans to launch a layer-2 as part of its ENSv2 upgrade, opting instead to launch a...

Algorand Foundation returns to US, citing crypto-friendly pivot – DL News

The Algorand Foundation is returning to the US after years in Singapore.It follows a similar announcement from the Jito Foundation, which celebrated its relocation...

Coinbase Pulls Support Of CLARITY Act, Citing Restrictions

Coinbase CEO Brian Armstrong said the exchange cannot support the Senate Banking Committee’s latest draft of the CLARITY Act, warning that the...

Ethereum Co-founder Reiterates Support for Roman Storm, Citing Privacy

Vitalik Buterin, co-founder of the Ethereum blockchain, has doubled down on his support of Tornado Cash developer Roman Storm, who could be retried on...