Tag: DAO
Wyoming Grants DAOs New Legal Structure
Miles Jennings, general counsel at a16z Crypto, called it a "major breakthrough" that will give the groups "much-needed protections and empower them t [...]
Wyoming’s New DAO Bill Gives Crypto a Boost to Sweep Out Internet Incumbents
Today’s internet is dominated by an oligarchy of large tech companies like Amazon, Apple, Meta and Google. These companies control the closed networks [...]
USDR Issuer Tangible Rebrands to re.al, Pivots To Layer-2 Network for Real-World Assets
The U.K.-based project saw its stablecoin, USDR, falter in a liquidity crisis last year. Tangible is now setting its sights on two forms of redemption [...]
Seeking Yield on $37M Ethereum (ETH) Treasury, JPEG’d DAO Mulls Airdrop Farming
So-called PIP-85 could see JPEG'd DAO utilize nearly $19 million worth of ETH tokens on EigenLayer and Blast, two of the most popular spots for airdro [...]
PancakeSwap Plans ‘Affiliates’ for Expansion; Cake Holders to Benefit
As of Friday, PancakeSwap is available on BNB Chain, Ethereum, Aptos, Polygon zkEVM, Linea, zkSync Era, Base, Arbitrum One and opBNB. It has amassed $ [...]
Risk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction
Gauntlet is a key player in decentralized finance (DeFi), its risk management services used by several of the largest crypto protocols and DAOs. Gaunt [...]
Activist DAO Investor Pivots to Building a Company
Diogenes Casares' new Stream Protocol is a trading platform he plans to eventually turn into a decentralized perpetual swaps exchange.
www.coindesk.c [...]
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million explo [...]
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
Switzerland-based dYdX Foundation provides legal, R&D, marketing and technical support to the crypto trading project, which includes a perpetual f [...]
DeFi Insurer Nexus Mutual (NXM) Requests $153K for 6-Month Budget
The funding request is a 41% decrease from the project's previous team budget. Much of the drop can be attributed to nearly $100,000 in unspent funds [...]
Lido DAO Rebukes LayerZero by Endorsing Rivals Wormhole, Axelar for Crypto Bridge
"By unilaterally deploying a bridge and marketing it in an official-seeming way, it feels like you are trying to pressure the DAO into accepting your [...]
Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF
Ether (ETH) and native tokens of applications built on Ethereum surged in the past 24 hours as traders bet on the possibility of an ether exchange-tra [...]
PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
“With a current circulating supply of 388 million CAKE, the team believes this new and lower cap will be sufficient to gain market share across all ch [...]
SEC Blasts 'Purportedly Decentralized' DAOs in $1.7M Settlement with BarnBridge
BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.
www.coindesk.com [...]
Wallet Wars, Web3 Game Backed by Animoca and KuCoin, Sets Launch Date by DAO Vote
Wallet Wars offers a number of games and different ways of winning. Players can play for free using demo ship NFTs. But for a chance to win rewards, t [...]