Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.
24H
The Ampleforth Governance price is $2.90, a change of 0.35% over the past 24 hours as of 8:38 p.m. The recent price action in Ampleforth Governance left the tokens market capitalization at $27,567,374.15. So far this year, Ampleforth Governance has a change of -0.95%. Ampleforth Governance is classified as a DeFi under CoinDesks Digital Asset Classification Standard (DACS).
The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey writes that to prevent the potentially destructive impact of AI, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, not the monopoly defaulting structure of Web2.
Arbitrum will hold a standalone vote on its 750 million token allocation.
A proposed governance shakeup would greatly reduce the amount of voting power accumulated by core contributors, investors and other insiders.
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