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Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments
21.8.2024
Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling underscores the rule of law in Web3 operations and sets a significant legal precedent....
Trump's RNC speech gave tech enthusiasts hope for the future
22.7.2024
Residents of Silicon Valley have been boarding the Trump train, and Trump's speech at the RNC illustrated some of the reasons
Tokenized US treasuries could reach $3B by end of year
16.7.2024
Tokenization could be a multi-trillion market opportunity, according to the world's largest management consulting firm
DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says
11.7.2024
The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being
Biconomy introduces AI agents for on-chain transactions
11.6.2024
Biconomy’s Delegated Authorization Network (DAN) will serve as an authorization layer for autonomous on-chain transactions
Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol
22.5.2024
Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against...
Starknet to bring on AI agents that can carry out on-chain activity
9.5.2024
The Web3 and AI firm Giza plans to bring autonomous bots onto Starknet by the end of June
Tesla teases robotaxi ride-hailing app ahead of August reveal
24.4.2024
Elon Musk hinted at what Tesla’s long-awaited robotaxi experience could look like during Q1 earnings, while the firm’s Bitcoin holdings remain unchanged
Azuro Raises $11M Led by SevenX Ventures and Arrington Capital
11.4.2024
Azuro, a decentralized autonomous organization (DAO) building a protocol for blockchain-based predictions, has raised $11 million with investment from SevenX Ventures and Arrington Capital.
The post Azuro Raises $11M Led by SevenX Ventures and Arrington Capital appeared first on Cryptonews
Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO Address
4.4.2024
SlowMist analysts have expressed concern over a 100 ETH transaction originating from an AssangeDAO address directed to a recipient apparently linked to the decentralized autonomous organization (DAO) on March 10.
The post Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO...
DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom
25.3.2024
Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1, 2023, the collective value of DAO treasuries...
Binance Labs transforms into an autonomous investment wing
18.3.2024
Binance Labs, a venture capital business, has transformed into an autonomous investment wing by breaking away from Binance exchange. According to statements released, since the beginning of 2024, Binance Labs has been functioning as an independent body, even though it has permission to utilize...
Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs
9.3.2024
The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous organizations under existing financial laws. The enactment of this law is also viewed as an effort to attract blockchain firms to Wyoming. New Law Reinforces...
Blockchain-Based Ride Apps Could Restore Confidence in Ride-Hailing Industry, Says Firdosh Sheikh
10.2.2024
According to Firdosh Sheikh, the co-founder and CEO of DRIFE, blockchain-based ride-hailing platforms could disrupt and revolutionize the industry, much like Uber and Lyft did to the traditional taxi industry over the past decade. To support this argument, Sheikh, whose ride-hailing platform...
Quantum G Force Review – Scam or Legitimate Trading Platform
9.2.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content With content highlighting the presence of both autonomous and manual trading features, Quantum G Force promises users a way to optimize their daily returns. The official website states that...
Japan’s Financial Services Agency Grants Limited Rights to DAO Member Tokens, Easing Regulations
7.2.2024
Japan‘s Financial Services Agency (FSA) aimed to facilitate the development of decentralized autonomous organizations (DAOs) and clarify the legal framework surrounding them. The FSA has proposed a new amendment to the definition of Article 2 of the Financial Instruments and Exchange Act in...
dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal
30.1.2024
The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens...
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
30.1.2024
The Foundation wants to preserve an 18 month runway through at least mid-2026
Tron Refutes UN Study Findings Linking TRC-20 USDT to Bad Actors
20.1.2024
The Tron Decentralized Autonomous Organization (DAO) has rejected a United Nations assessment which suggested that bad actors are behind most tether transactions facilitated via its protocol. It also sees its over 50% share of the USDT stablecoins in circulation as a “testament to...
1inch DAO Votes to Hire Permanent Legal Counsel for Decentralized Nature Challenges
13.1.2024
The decentralized autonomous organization (DAO) of 1inch, a decentralized exchange (DEX) aggregator, has voted to enlist permanent legal counsel from Geneva-based Web3 solutions provider Storm Partners. The decision was made to help 1inch address the legal challenges posed by its decentralized...