#governance

4:52am, 30th August, 2023

Google Cloud to digitize El Salvador's governance, healthcare and education

Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors.

Base, Optimism unveil shared governance and revenue-sharing framework

12:28pm, 24th August, 2023

Crypto Wiki

Base, Optimism unveil shared governance and revenue-sharing framework

The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows.

Polygon 2.0 begins groundwork for decentralized governance

4:25am, 20th July, 2023

Crypto Wiki

Polygon 2.0 begins groundwork for decentralized governance

The expansion will encompass all blockchains and applications running on the Polygon network, democratizing the upgrade process and fostering community participation.

Tornado Cash governance control set to be restored as token votes approve proposal

4:44am, 28th May, 2023

Crypto Wiki

Tornado Cash governance control set to be restored as token votes approve proposal

A total of 517,000 token votes were in favor of the proposal, with none opposing it.

Tornado Cash attacker to potentially giveback governance control, proposal reveals

2:14am, 22nd May, 2023

Crypto Wiki

Tornado Cash attacker to potentially giveback governance control, proposal reveals

A few hours into the hack, to everyone’s surprise, the attacker surprisingly reached out to the Tornado Cash community with a new proposal, hinting at their intent to give back the governance control.

Attacker hijacks Tornado Cash governance via malicious proposal

11:00pm, 20th May, 2023

Crypto Wiki

Attacker hijacks Tornado Cash governance via malicious proposal

The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router.

FDIC pins Signature Bank's failure on poor governance and illiquidity

10:37pm, 29th April, 2023

Crypto Wiki

FDIC pins Signature Bank's failure on poor governance and illiquidity

FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.