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ZKsync co-creator Alex Gluchowski has proposed to shift the project’s governance token to one with “economic utility” and value capture. Source: https://cointelegraph.com/rss ZKsync creator floats governance token revamp to add ‘economic utility’
White House press secretary Karoline Leavitt says Donald Trump’s pardon of Binance founder Changpeng Zhao went through a “thorough review process” before the president signed it off. Source: https://cointelegraph.com/rss CZ pardon was considered with ‘utmost seriousness,’ White House says
Zohran Mamdani has won the New York City mayor’s race, and the city’s crypto industry is waiting to see how his administration will affect business. Source: https://cointelegraph.com/rss What Mamdani’s mayoral win means for crypto in New York
Canada’s government unveiled a plan to regulate stablecoins, requiring fiat-backed issuers to maintain sufficient reserves and adopt robust risk management measures. Source: https://cointelegraph.com/rss Canada’s budget promises laws to regulate stablecoins, following US lead
In early October, Tom Lee and Arthur Hayes were confident that Bitcoin could still reach $250,000 by year-end, but analysts say half that figure is now unlikely. Source: https://cointelegraph.com/rss Bitcoin shows exhaustion as analysts say 5K target unlikely in 2025