ArkotNews

The Arbitrum Foundation has pledged not to move 700 million ARB tokens until the DAO passes a budget for handling the controversial sum.

Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.

The document proposes more tax reforms, clearer accounting standards and a DAO law.

ALSO: Asia-Based Traders Push Bitcoin Past $30K

The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services.

They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others.

Zero-token value transfers will no longer be visible by default as a way of preventing “address poisoning” hacks.

Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.

A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.”

Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.