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Tom Carreras

Israel Will Ban Cash Payments Over $4,400 on Monday

Key Takeaways Beginning August 1, Israel will ban cash for personal transactions over $4,400 and business transactions over $1,760. The country will impose fines between 15% and 30% of the relevant transaction value on those...

Soulbound Tokens and Decentralized Society: An Interview with Glen Weyl

Key Takeaways Crypto Briefing spoke with economist Glen Weyl about his vision of decentralized society and the role "soulbound" tokens might play in them. His paper, “Decentralized Society: Finding Web3’s Soul,” reached the top 50...

Lido Seeks to Reform Voting With Dual Governance

Key Takeaways The Lido community is considering a new approach to protocol decision-making called "dual governance." Currently, only LDO holders can vote on decisions; the new approach would give stETH holders veto rights as well. The...

White House Investigating Crypto Energy Consumption

Key Takeaways Bloomberg Law reports that the White House is studying crypto mining and its energy footprint in order to make sound policy recommendations. The study is also looking into noise, local pollution, and the...

Ropsten Beacon Chain Successfully Launched

Key Takeaways Ethereum’s Ropsten Testnet launched its beacon chain today. Ropsten is expected to merge with its own beacon chain on June 8. According to Ethereum developers, a successful merge of Ropsten with its beacon chain...

Seven Wallets May Have Caused Terra Meltdown: Nansen

Key Takeaways A new report by Nansen claims seven wallets triggered the UST depeg. The relative lack of liquidity in the Curve pools securing UST to other stablecoins could have initiated its price destabilization. Nansen pushes...

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