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Meta Shareholders Reject Bitcoin Treasury Plan — And CEO Mark Zuckerberg Likely Did Too

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Meta shareholders have voted down a proposal to add Bitcoin to the company’s balance sheet, and CEO Mark Zuckerberg was likely among them. There were just 3.92 million votes in favor of the proposal, put forward by BTC advo cate and Strive director Ethan Peck in January, and over 5 billion against, according to a May 28 regulatory filing. Mark Zuckerberg Likely Voted Against Adding Bitcoin To Meta’s Balance Sheet With Meta CEO Mark Zuckerberg controlling over 61% of the company’s voting power, according to an April regulatory statement , it seems he was among those who voted against the proposal Meta shareholders voted against adding Bitcoin to the company’s balance sheet. .. This will circle back, #Meta will eventually add #Bitcoin to their balance sheet. Just wait on it. It only means they’ll end up buying it at a higher price … 🤐 pic.twitter.com/idWzx08GbH — Cesar Sanchez (@Cesarsanchez_co) June 2, 2025 Peck had called on M...

PancakeSwap wars: half of CAKE voting power snapped up before new proposal

Holders of PancakeSwap’s governance token could have their CAKE and eat it, too, under a new proposal that would do away with lengthy token lockups necessary for participation in voting on governance matters and the distribution of rewards. The CAKE Tokenomics 3.0 proposal would target an “annual deflation rate of 4%”, and do away with veCAKE and the Gauges Voting system (which determines which pools receive rewards) in favor of “a more straightforward and efficient emissions model.” However, the plans to overhaul the current governance system were immediately preceded by eight connected addresses buying up and locking 25 million CAKE, or approximately half of the not-already-locked supply, according to DeFiWars, an account that monitors the decentralized finance (DeFi) sector. Get your syrup ready, @PancakeSwap is going through a gov battle in realtime 8 new addresses have locked ~50% of the supply in the past few days, there are claims this is from the Pancake team or B...

Can the crypto proposal from the New York AG provide investors with more protection?

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Join Our Telegram channel to stay up to date on breaking news coverage As legislators consider new rules put forth by New York Attorney General Letitia James, crypto regulation may soon advance in the Empire State. The goal is to make a nascent industry look a bit more like Wall Street, at least in terms of how it’s overseen. The state has already established a reputation for having a comprehensive compliance structure under the New York State Department of Financial Services (DFS), which has regulated crypto companies under its BitLicense scheme since 2015. The legislation suggested by James would further bolster the DFS’s jurisdiction, the Office of the New York State Attorney General (OAG) said in a press statement, putting forth guidelines focusing on conflicts of interest, transparency, and investor protect ions. “The multi-billion-dollar industry lacks robust regulations,” it claimed, adding that the proposal puts forth the “strongest...