CMQTelegram has launched Fragment, a username auction platform built on the TON blockchain
Telegram founder Pavel Durov said in a message on the app early this morning that, as previously promised, the ability to buy Telegram usernames on the dedicated platform Fragment has now been rolled out and the username auction has begun. Additionally, the ability to sell existing usernames on Fragment will roll out in a few days. Pavel Durov said that this is the first time in the history of social media to create a fair and transparent username market, people will have ownership of their s...
CMQBasel Committee on Banking Supervision Approves Crypto Banking Rules to be Implemented in 2025
The Basel Committee on Banking Supervision (BCBS) has approved its global crypto banking rules, which will come into force on Jan. 1, 2025, according to a statement Friday. The BCBS, the main global standard-setter for prudential regulation of banks, recommends that banks should have no more than 2% exposure to certain crypto assets and usually less than 1%. These specific assets are tokenized traditional assets, including NFTs, stablecoins, and unsecured cryptoassets that do not qualify for ...
CMQThe bottom 20% employees of Binance this year may not have year-end bonuses
According to Wu said, Binance has suspected that it has announced that the bottom 20% of employees in this year’s performance ranking will not have year-end bonuses. Some teams have announced this news to employees, but there has been no company-level notification. It is uncertain whether the policy will change in the future. Binance bonuses will be distributed before the Spring Festival. Last year, some Binance team bonuses even exceeded 20 months. Since the beginning of this year, the globa...
CMQ
CMQTelegram has launched Fragment, a username auction platform built on the TON blockchain
Telegram founder Pavel Durov said in a message on the app early this morning that, as previously promised, the ability to buy Telegram usernames on the dedicated platform Fragment has now been rolled out and the username auction has begun. Additionally, the ability to sell existing usernames on Fragment will roll out in a few days. Pavel Durov said that this is the first time in the history of social media to create a fair and transparent username market, people will have ownership of their s...
CMQBasel Committee on Banking Supervision Approves Crypto Banking Rules to be Implemented in 2025
The Basel Committee on Banking Supervision (BCBS) has approved its global crypto banking rules, which will come into force on Jan. 1, 2025, according to a statement Friday. The BCBS, the main global standard-setter for prudential regulation of banks, recommends that banks should have no more than 2% exposure to certain crypto assets and usually less than 1%. These specific assets are tokenized traditional assets, including NFTs, stablecoins, and unsecured cryptoassets that do not qualify for ...
CMQThe bottom 20% employees of Binance this year may not have year-end bonuses
According to Wu said, Binance has suspected that it has announced that the bottom 20% of employees in this year’s performance ranking will not have year-end bonuses. Some teams have announced this news to employees, but there has been no company-level notification. It is uncertain whether the policy will change in the future. Binance bonuses will be distributed before the Spring Festival. Last year, some Binance team bonuses even exceeded 20 months. Since the beginning of this year, the globa...
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According to The Block, SushiSwap's new CEO Jared Gray announced a new token economics proposal aimed at increasing liquidity, creating more utility for its native token SUSHI, and maximizing value for stakeholders. The formal proposal stated that "like the xSushi model that was originally hoped to be realized, the main goal of the new economics is to promote decentralized ownership and reward liquidity growth through a holistic and sustainable reward mechanism that scales with volume and fees .” The proposal outlines four key changes to the protocol’s token economics. The biggest change is that staking SUSHI (xSushi) will no longer receive transaction fee income rewards, but emission-based rewards. The liquidity provider of the trading pool with the largest trading volume will receive most of the Swap fee. Additionally, users can opt for a new time-lock mechanism to increase rewards. The floating ratio transaction fee will also be used to repurchase and destroy SUSHI from the open market, and lock in liquidity to provide more price support. The last change is to adjust the emission of SUSHI to 1-3% per year to reduce inflation and strike a balance between overall emission and repurchase, destruction and locked liquidity.
According to The Block, SushiSwap's new CEO Jared Gray announced a new token economics proposal aimed at increasing liquidity, creating more utility for its native token SUSHI, and maximizing value for stakeholders. The formal proposal stated that "like the xSushi model that was originally hoped to be realized, the main goal of the new economics is to promote decentralized ownership and reward liquidity growth through a holistic and sustainable reward mechanism that scales with volume and fees .” The proposal outlines four key changes to the protocol’s token economics. The biggest change is that staking SUSHI (xSushi) will no longer receive transaction fee income rewards, but emission-based rewards. The liquidity provider of the trading pool with the largest trading volume will receive most of the Swap fee. Additionally, users can opt for a new time-lock mechanism to increase rewards. The floating ratio transaction fee will also be used to repurchase and destroy SUSHI from the open market, and lock in liquidity to provide more price support. The last change is to adjust the emission of SUSHI to 1-3% per year to reduce inflation and strike a balance between overall emission and repurchase, destruction and locked liquidity.
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