News Explorer — Solana DeFi Exchange Jupiter Scraps DAO Voting Amid Discord

Generated by AI, curated by humans

Jun 20, 3:46 pm

DL News

Solana DeFi Exchange Jupiter Scraps DAO Voting Amid Discord

Jupiter, a Solana-based exchange aggregator, has halted its DAO voting due to negative feedback, impacting the decentralization of the project. The decision to pause governance was made in response to a "perpetual FUD cycle" affecting the protocol's trust and effectiveness. Jupiter plans to revive DAO voting in 2026.

Jupiter, a Solana-based exchange aggregator, has halted its DAO voting due to negative feedback, impacting the decentralization of the project. The decision to pause governance was made in response to a "perpetual FUD cycle" affecting the protocol's trust and effectiveness. Jupiter plans to revive DAO voting in 2026.

Latest

Jan 21, 3:56 pm

Decrypt

Central Bank of Iran Acquired $507 Million in USDT to Stabilize Currency and Evade Sanctions: Report

The Central Bank of Iran purchased $507 million in Tether's USDT over a year to stabilize the Iranian rial and facilitat... Read Summary

Jan 21, 2:30 pm

Coindesk

Solana Gets 200+ Tokenized US Stocks and ETFs via Ondo Finance

Ondo Finance is expanding its tokenized equities business to Solana, introducing over 200 tokenized U.S. stocks and exch... Read Summary

Jan 21, 2:01 pm

Decrypt

$11.4 Million in Assets Linked to 'Cryptoqueen' OneCoin Fraud Seized

Guernsey authorities have seized $11.4 million in assets related to the OneCoin fraud, following a court decision uphold... Read Summary

Jan 21, 12:37 pm

Decrypt

Galaxy Launches $100 Million Hedge Fund Targeting Crypto Tokens, Financial Services Stocks

Galaxy, led by Mike Novogratz, is launching a $100 million hedge fund investing in crypto tokens and financial services... Read Summary

Jan 21, 10:50 am

Decrypt

Axie Infinity, Sandbox Gaming Tokens Spike Despite Bitcoin Dip

Gaming tokens like Axie Infinity and The Sandbox have seen significant gains despite Bitcoin's lower trading. This trend... Read Summary

Jan 21, 6:19 am

Decrypt

White House Crypto Adviser Warns Delaying Market-Structure Rules Is Unrealistic

The President’s Council of Advisors on Digital Assets criticized Coinbase for withdrawing support from the Senate's cryp... Read Summary

Jan 21, 1:23 am

Decrypt

Inspector General Warns CFTC is Underprepared for Agency's Potential Crypto Mandate

Lawmakers are considering expanding the CFTC's oversight of crypto markets, which would necessitate hiring more staff an... Read Summary

Jan 20, 10:17 pm

Decrypt

Delaware Life Insurance Company Offers Fixed Indexed Annuity Tied to Bitcoin-Inclusive Index

Delaware Life Insurance Company has introduced a fixed indexed annuity linked to the BlackRock U.S. Equity Bitcoin Balan... Read Summary

Jan 20, 9:28 pm

Decrypt

Bitcoin, Solana Prices Plummet as Market Capitalization Dips to $3T

The crypto market's total capitalization has dropped to $3.01 trillion, with Bitcoin and Solana breaking critical suppor... Read Summary

Jan 20, 8:25 pm

Decrypt

Trump Media to Distribute Tokens to Shareholders

Trump Media and Technology Group plans to distribute tokens to shareholders, setting a cutoff date for investors on Feb.... Read Summary

Jan 20, 7:10 pm

Protos

Bitcoin Fared Better in President Biden's First Year Than in Trump's Return

Despite Donald Trump's embrace of bitcoin (BTC) and the support from prominent Bitcoiners, BTC's value fell by more than... Read Summary

Jan 20, 4:36 pm

DL News

Ethereum Activity Surge Boosted by Scam Attacks: Analysts

Ethereum transactions reached a record high, with over 2.8 million daily transactions on January 16. The surge was mainl... Read Summary

Jan 20, 4:35 pm

Decrypt

Strategy, SharpLink, BitMine, and MARA Shares Fall as Bitcoin Slides Below $90K

Bitcoin's price fluctuated between $90,000 and $91,000, experiencing a 2.5% drop. Strategy, SharpLink Gaming, and MARA H... Read Summary

Jan 20, 4:03 pm

Decrypt

Strategy Makes Biggest Bitcoin Buy in Nine Months, Adding $2.1 Billion

Strategy recently made its largest purchase in over nine months, acquiring 22,300 Bitcoin for $2.1 billion. The company... Read Summary

Jan 20, 3:43 pm

Decrypt

Tom Lee's Ethereum Treasury BitMine Buys $108 Million in ETH

Bitmine Immersion Technologies acquired over 35,000 ETH last week, increasing its total holdings to 4.2 million ETH valu... Read Summary