Cryptocoins News / Blockchain - 1 year ago
A US district judge has ruled that bZx DAO transactions are custodial due to the ability for developers to upgrade a smart contract where the key is held by a single developer, as highlighted in a class-action lawsuit against bZx DAO and others. This...
Cryptocoins News / The Cointelegraph - 1 year ago
Delphi Labs general counsel Gabriel Shapiro tweeted that the ruling can also be potentially applied to developers with multisigs. In a new update to the class-action...
More / Etherum Reddit - 1 year ago
Decentralized Autonomous Organizations (DAOs) have emerged as an innovative solution for decentralized governance, reshaping how organizations are managed and controlled. By leveraging blockchain technology, DAOs allow for community-driven deci...
Cryptocoins News / The Cointelegraph - 1 year ago
The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities. MakerDAO, the decentraliz...
Cryptocoins News / Blockchain - 1 year ago
MakerDAO has voted to keep USDC as the primary collateral for Dai, rejecting a proposal to diversify into GUSD and USDP. The decision was made based on reduced risks from a cascading bank run in the US and USDC's return to a $1 peg. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
The passed measure ends the 1% USDC-to-DAI minting fee that was previously implemented. MakerDAO, the decentralized autonomous organization that governs the Dai (DAI)...
Bitcoin News / Bitcoin.com - 1 year ago
Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to def...
Bitcoin News / Bitcoinist - 1 year ago
The Securities and Exchange Commission (SEC) has issued a subpoena to Sushi DAO and its “head chef,” Jared Grey, as part of the regulator’s ongoing efforts to scrutinize the decentralized finance (DeFi) industry and cryptocurrencies. The news w...
Cryptocoins News / EthereumWorldNews - 1 year ago
Sushi DAO and its head chef Jared Grey were served with a subpoena by the SEC earlier today. Grey has proposed a $3 million Sushi DAO legal defense fund to fund the legal costs. The defense fund would cover all core contributors that have been activ...
Cryptocoins News / The Cointelegraph - 1 year ago
The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough. Sushi DAO proposed the cre...
Cryptocoins News / CoinJournal - 1 year ago
PlutusDAO price rose to a new all-time high of $1.42.
The PLS token has spiked 41% in the past 24 hours and 170% this past week.
PlutusDAO announced the launch of plsRDNT on Arbitrum, making it easy for holders to earn RDNT.
As cryptocurrencies loo...
Cryptocoins News / CoinJournal - 1 year ago
At press time, IOTX was trading at $0.0261, up 1.02%.
The recently passed proposal will introduce ether liquid staking derivatives.
The proposal also adds native support for representing staking buckets as NFTs on IoTeX.
The IoTeX governance commun...
Cryptocoins News / The Cointelegraph - 1 year ago
The anonymous group of crypto developers is promoting the use of a decentralized autonomous organization to govern an alternative version of the internet. Alternativ...
More / Etherum Reddit - 1 year ago
Hi ???? For individuals, Wirex and coinbase are doing a good job. Even though both are custodial. I was wondering if there was a debit card solution for DAO with a non US and non EU entity? Eg. My DAO or foundation has a cayman entity. I want to h...
Cryptocoins News / Blockchain - 1 year ago
MakerDAO passed a proposal to increase its US Treasury bond holdings by 150% to $1.25 billion. The move aims to diversify its liquid assets and boost revenue stream through a net annualized yield of 4.6% to 4.5%. The bonds will be purchased with equa...
Bitcoin News / Bitcoin.com - 1 year ago
The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coi...
Cryptocoins News / The Cointelegraph - 1 year ago
The successful bid comes a month after 88.6% of LinksDAO token holders voted in favor of putting in a “compelling offer” for the golf course in its governance vote. Th...
Cryptocoins News / The Cointelegraph - 1 year ago
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure. Lending protocol an...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Ethereum Layer 2 protocol Arbitrum will airdrop native tokens under the ticker ARB to community members on Mar. 28.ARB will serve as the governance token for the protocol’s new self-executing DAO and its network – Arbitrum O...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Ethereum Layer 2 protocol Arbitrum will airdrop native tokens under the ticker ARB to community members on Mar. 23.ARB will serve as the governance token for the protocol’s new self-executing DAO and its network – Arbitrum O...
Bitcoin News / Bitcoinist - 1 year ago
The Arbitrum Foundation has announced the launch of its new token under the ticker ARB, which will go live on March 23. With a $300 million ARB distribution, The ARB token will allow holders to vote on changes to the Ethereum layer 2 network.
Arbitr...
Cryptocoins News / The Cointelegraph - 1 year ago
With the rise of remote work and a shift in attitudes towards work, DAOs provide an alternative approach to finding and participating in work opportunities. Decentrali...