Search results for BERA
Crypto
Berachain hard fork ends dual-token model, shifts to WBERA rewards
Berachain is ending its dual-token incentive structure as part of the first phase of its PoL Next upgrade and shifting to a WBERA-based rewards system. Cointelegraph reported on July 8 local time that Berachain will stop issuing its Bera governance token, BGT, through a hard fork scheduled for 1600 UTC on July 9. After the upgrade, the network will distribute fixed-supply WBERA as block rewards instead of BGT.
Crypto
ECB president says central bank money infrastructure should come before euro stablecoins
European Central Bank President Christine Lagarde said Europe should build a tokenised payment infrastructure based on central bank money, rather than prioritising private stablecoins, to strengthen the euro’s international role. She said expanding euro-denominated stablecoins to counter dollar-pegged tokens was not Europe’s best option. Lagarde pointed to the Eurosystem’s Pontes project and Appia roadmap, while warning of potential financial stability risks from stablecoins.
Crypto
Greenlane appoints Jason Hitchcock as new CEO, accelerates VERA token accumulation
Nasdaq-listed Greenlane Holdings is pushing ahead with a BERAchain-based Digital Asset Treasury strategy by bringing in Jason Hitchcock, who has built a career in decentralised finance. The company said on Feb. 20 it appointed Hitchcock, formerly head of business development at web3 infrastructure platform thirdweb, as its new CEO. Greenlane said he will support governance, disclosure and risk standards while advancing validator, staking and liquidity initiatives to accelerate BERA accumulation.