Business

Coinbase Issues Statement Clarifying It Doesn’t Engage in Proprietary Trading

[ad_1] Major U.S. crypto wallet provider and exchange service Coinbase has refuted “inaccurate” media reports that the platform engages in proprietary trading, in an official statement published Thursday, September 20.According to Coinbase, media coverage has “inaccurately characterized” the results of the New York Virtual Markets Integrity Report, to which Coinbase had voluntarily contributed information about its practices by participating in a Virtual Markets Integrity Initiative Questionnaire.Coinbase yesterday cited the report,
ANALYSIS

How On-Chain Voting Protocols Operate and Vary

[ad_1] Since Bitcoin’s introduction in 2009, there have been several attempts to include a decision-making process as part of the rules of a blockchain. This is called on-chain governance, a formalized way in which a group of people can make changes by voting through the protocol.The purpose behind it is to provide a clear-cut path to consensus. What are some examples of people using on-chain governance? It can include —