Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in Crypto: Injective holders backed changes to the network’s economic model that will curb new token supply while preserving its buyback-and-burn mechanism. Meanwhile, Bitcoin drew the bulk of capital moving into crypto funds last week, but prices came under pressure as European officials considers firing a “trade bazooka” at the US.
Injective’s protocol community approved a major tokenomics overhaul on Monday, passing a governance proposal with 99.89% support based on staked voting power.
Injective is a layer-1 blockchain focused on decentralized finance applications, with INJ (INJ) serving as its native token for staking, governance and transaction fees.
