Search results for "GLUE"
12:41

The co-founder of Across refuted allegations of fund misappropriation and vote manipulation, emphasizing compliance in fund management.

Gate News bot message, Across co-founder Hart Lambur recently made a statement denying the allegations of fund misappropriation and vote manipulation raised by the founder of Glue. In response to the accusation of "illegally withdrawing $23 million for personal gain," Hart explained that Risk Labs is a non-profit foundation governed by Cayman law, and the funds are used for the protocol.
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BOT-11.79%
ETH-3.86%
ACX-4.26%
06:22

Across has denied the allegations of fund misappropriation and vote manipulation made by the founder of Glue.

According to BlockBeats news, on June 27, Across co-founder Hart Lambur published a post denying the allegations of embezzlement and vote manipulation raised by the founder of Glue. In response to the accusation of "illegally withdrawing $23 million for personal gain," Hart stated that Risk Labs is a non-profit foundation governed by Cayman law, and the funds are used for protocol development. Hart himself has an annual salary of only $100,000 and has not received any token rewards. The use of funds complies with DAO practices and has promoted the development of Across v3 and v4. Regarding the allegation of "the governance process being manipulated by internal personnel," Hart stated that team members are free to vote with their own purchased tokens.
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ETH-3.86%
ACX-4.26%
01:43

The founder of Glue accuses the Across team of manipulating DAO votes and stealing 23 million dollars from the treasury.

Odaily News Glue founder Ogle published a long article today on X, accusing the Across Protocol team of manipulating DAO votes through privacy to steal approximately 23 million dollars from the protocol treasury. Ogle mentioned that the Across team initiated multiple votes in 2023 and 2024, proposing to transfer a total of 150 million ACX to the profit-making company Risk established by the Across team under the names of "strategic investment" and "retrospective funding."
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ACX-4.26%
09:32

Capital Bombing Review

At noon today, No. 20 glue detonated a capital bomb, and the market continued to pump! More popular varieties of capital movements.
03:05

Glue launches integrated network application center Glue Hub

Glue, the blockchain security ecosystem, has launched an integrated network application center called Glue Hub. Glue Hub provides data on thousands of cryptocurrencies, including prices, market capitalization, trading volume, historical prices, circulating tokens, and total supply, and will enhance account management, investment portfolios, encrypted asset transfer and trading, and income opportunities. All transactions on Glue Hub are conducted on the blockchain to ensure the security of users' funds.
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15:48
Golden Finance reported that Ogle, a crypto detective, will launch a security-centric Layer1 blockchain called Glue. Glue will build around an active "Hub" to aggregate DeFi services for on-chain users. Projects that undergo security audits delegated by Glue can integrate with the Glue Hub. Projects on Glue can receive audits funded by the Glue Security Fund, which is financed by a small transaction fee levied on each transaction. Additionally, security projects can apply for funding from Glue, and the content of the funding will be determined by Glue token holders. Glue is valued at $1.4 billion in a public token sale.
DEFI-4.82%
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00:53
PANews reported on February 19 that the latest Startup Request (RFS) of Y Combinator (YC), a well-known American startup incubator, highlighted the innovative areas they want to see more Long people engage in. These areas include applying machine learning to robotics, using machine learning to simulate the physical world, new defense technologies, bringing manufacturing back to the United States, new Short Companies, climate tech, commercial Open Source companies, Short Computing, new enterprise resource planning software, developer tools inspired by existing in-house tools, explainable artificial intelligence, large language models (LLMs) for traditional enterprise back-office manual processes, building enterprise software with AI, Stable Coin Finance, ways to end cancer, The foundational model of biological systems, the managed services organization model of healthcare, the elimination of middlemen in healthcare, the better enterprise software "glue", and the small fine-tuned model as an alternative to the giant general-purpose model. Regarding the Stable Coin financial component, YC said that there is a lot of debate about the usefulness of Blockchain technology Long, but it is clear that Stable Coin will be an important part of the future of the currency. $136 billion worth of Stable Coins have been issued in the market, but the opportunity seems to be far from being fully tapped. So far, only about seven million people have traded Stable Coins, while more than half a billion people live in countries with annual Inflation rates above 30%. U.S. banks hold a total of $17 trillion in customer deposits, which are potential conversion targets. However, there are only a handful of major Stable Coin issuers, and even fewer major Liquidity Providers. Y Combinator wants to fund the talented teams that build B2B and consumer products, tools, and platforms on top of the Stable Coin, as well as more Long Stable Coin the protocol itself.
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