Aave (AAVE) founder Stani Kulechov's recent purchase of $10 million worth of AAVE has sparked a debate within the DeFi community over governance fairness, Cointelegraph reports. Critics suggest the mo...

Aave (AAVE) founder Stani Kulechov's recent purchase of $10 million worth of AAVE has sparked a debate within the DeFi community over governance fairness, Cointelegraph reports. Critics suggest the move was intended to strengthen his voting power on key governance proposals. DeFi expert Robert Mullins explained that while Kulechov claimed the purchase was to align his interests with token holders, it was actually a move to increase his voting power before a vote on a proposal that runs contrary to holder interests. Mullins described the situation as a clear example of a token's design failing to adequately defend against governance attacks.

Aave founder's $10M token purchase raises governance concerns

CEO ether.fi believes that neither Bitcoin nor Ethereum are currently truly high-quality currencies, however, he believes that the ultimate form of a superior currency in the future...

CEO ether.fi: Neither Bitcoin nor Ethereum are high-quality cryptocurrencies yet.

Offchain Labs – the research and development team behind Arbitrum – recently announced a further increase in its ARB Token holdings, further reinforcing its long-term investment commitment to the company...

The Arbitrum team announces the purchase of additional ARB Token , increasing its investment in the project's core operations.

Key Takeaways
Arthur Hayes sold another 682 Ethereum, worth around $2 million, on Wednesday.
The move follows a similar trade executed over the weekend, when Hayes swapped 680 ETH for 1.2 million ENA....