DAO Governance Platform Agora Acquires Competitor Boardroom
Key Developments in Cryptocurrency
Agora Acquires Boardroom: Governance platform Agora is merging with Boardroom to enhance governance tools for Ethereum. Co-founder Yitong Zhang anticipates a growth in decentralized governance, influenced by recent regulatory clarity promises.
Ethereum Foundation Restructuring: Vitalik Buterin proposes a major reorganization of the Ethereum Foundation amid community criticism regarding centralization. This aims to streamline decision-making and clarify Ethereum's future direction.
Introduction of USDh Stablecoin: The USDh stablecoin, built on Bitcoin layer 2 Stacks, has secured $3 million in liquidity through Hermetica. This positions it as the largest stablecoin on Stacks and offers yields up to 50% APY.
$25 Million DePIN Grant Program: World Mobile announces a grant program to support Decentralized Physical Infrastructure Network (DePIN) projects, focusing on decentralized communications and tokenization of real-world assets.
Layer 2 Protocols Achieve High Throughput: Layer 2 protocols, led by Base, are experiencing record transaction throughput, enhancing scalability.
New Financial Instruments for DeFi: Anvil introduces a smart contract project aimed at creating a new form of money, focusing on letters of credit.
Trump's Executive Order on Digital Assets: Former President Trump issues an executive order aimed at shaping U.S. policy on digital assets.
Upcoming Events
Jan. 20-24: World Economic Forum, Davos, Switzerland
Jan. 21-25: WAGMI conference, Miami
Jan. 24-25: Adopting Bitcoin, Cape Town, South Africa
Jan. 30-31: PLAN B Forum, San Salvador, El Salvador
