Aave launches binding Arbitrum vote to move $71 million in disputed ETH

DeFi lender Aave and other stakeholders affected by last month’s Kelp DAO hack initiated a binding Arbitrum governance vote to move $71 million in disputed ether to an address controlled by Aave LLC The Constitutional Arbitration Improvement Proposal (AIP) is the DAO’s formal on-chain governance mechanism for approving binding agreement actions. This revised proposal implements…

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‘Bitcoin transactions can be monitored’: Ray Dalio explains why central banks won’t touch BTC

Bitcoin’s Bitcoin$81,002.49 Transparency was once considered one of its greatest strengths. Now, Ray Dalio says that may be why central banks don’t use it as a reserve asset, even though businesses and institutional investors have embraced it. The billionaire hedge fund manager and Bitcoin investor said on X, “Bitcoin lacks privacy. Transactions can be monitored…

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