SIMD-228 Inflation Proposal Rejected as Solana Community Engages in Record-Breaking Vote

The Solana ecosystem witnessed a historic moment in crypto governance as stakeholders overwhelmingly participated in a crucial vote on inflation reform, ultimately rejecting the proposal despite its significant impact. The SIMD-228 proposal aimed to transition Solana’s inflation system from a fixed schedule to a dynamic, market-based model. However, it failed to secure the necessary 66.67%…

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My Pet Hooligan to Launch on Studio Chain

The Karrat Foundation has announced a partnership with the Arbitrum Foundation to launch Studio Chain, a blockchain network designed for gaming and entertainment. Built on Arbitrum’s Ethereum layer-2 scaling technology, Studio Chain will integrate blockchain elements into video games, with My Pet Hooligan as its flagship title. The collaboration aims to introduce web3 capabilities to…

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Bitcoin Open Interest Reverts to Pre-Election Norms as Prices Stabilize

Bitcoin’s open interest on centralized exchanges and the CME has returned to pre-November 2024 election levels, signaling market stabilization as BTC rebounds to $83,400 following a recent low of $76,600. Bitcoin Bounces to $83K Amid Open Interest, Futures Basis Normalization Bitcoin’s market activity shows signs of stabilization as key metrics return to levels seen before…

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Rep. Byron Donalds pushes legislation to protect Trump’s Bitcoin policy from future reversals

Key Takeaways Representative Byron Donalds plans to introduce legislation to codify Trump’s Bitcoin reserve executive order. Trump’s order allows the US Treasury to hold 200,000 Bitcoin and prohibits selling reserve Bitcoin. Share this article Byron Donalds, Florida governor candidate and strong Bitcoin advocate, is preparing to propose legislation that would enshrine President Donald Trump’s recent…

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