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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...
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...
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
Securities Regulators’ Association Calls for the Identification of Individuals Who Exercise Control Over Defi Platforms
27.12.2023
The International Organization of Securities Commissions (IOSCO) has urged regulators seeking to understand decentralized finance (defi) arrangements to identify individuals who “exercise control or sufficient influence at the enterprise level.” The identification of such individuals...
Blockchain Governance — A Look at the Top 5 DAO Treasuries in 2023
1.11.2023
Over seven years ago, on April 30, 2016, the first decentralized autonomous organization (DAO) emerged, marking a significant shift in the digital world. However, just three months later, a cyberattack brought it down, leading to its unfortunate collapse. Today, the landscape has transformed...
Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO
6.10.2023
The so-called decentralized autonomous organization initially formed to focus on building products, but activist investors who showed up were more interested in the project's treasury
Trump Lawyer Sports Gamer Laptop At $250 Million Fraud Trial
2.10.2023
Today is the first day of former president Donald Trump’s $250 million fraud trial in New York. A case brought by the state’s attorney general accuses the Republican primary frontrunner of lying about his net worth by billions of dollars to try to secure more favorable loan terms. One of...
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
7.9.2023
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
7.9.2023
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise
AI to reinvent DAOs while tokenized models will become valuable: VC firm
6.9.2023
Framework Ventures co-founder Vance Spencer sees AI as being the missing piece for DAOs and shared his outlook for the tokenization of AI models
All Nations Invited to Join BRICS Said ‘Yes’ to Membership: Russian Diplomat
27.8.2023
The six countries that received an invitation to become members of BRICS at its summit have confirmed their decision to join the bloc, one of Russia’s top diplomats unveiled. The high-ranking official added that at this point in time it would be premature to name those in the next batch...
BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says
24.8.2023
The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for example, but not a single currency like the euro...
AI unlikely to destroy jobs, but cost to certain workers may be 'brutal' — UN study
22.8.2023
A study from the United Nations agency International Labour Organization suggests AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others
Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko
20.8.2023
According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin production, determined by household electricity costs
US Dollar to Remain Major Global Currency, South Africa’s BRICS Sherpa Says
17.8.2023
BRICS plans to discuss trade in national currencies at its summit but de-dollarization is not on the agenda, South Africa’s BRICS Sherpa stated. The talks in Johannesburg next week will also focus on the expansion of the bloc of emerging economies and the diplomat doesn’t see this as a challenge...
BRICS Is No Joke, Bloc Could Become G7 Counterpart, Experts Say
14.8.2023
The BRICS challenge to the world’s established economic order is not a joke, according to experts in the field of international relations. Now that the bloc, which unites leading emerging markets, accounts for over a quarter of the global gross domestic product (GDP), it could become a counterpart...
BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor
12.8.2023
The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El Yattioui, professor at the American University in...
Next Year’s BRICS Summit to Gather More Than 5 Leaders, Russian Diplomat Predicts
24.7.2023
Moscow expects the number of leaders participating in the 2024 BRICS summit to be greater than five, according to a high-ranking Russian diplomat. The statement comes as the five-member organization prepares to discuss its enlargement at its meeting at the top this year, with dozens of nations...
BRICS Leaders to Talk Expansion at August Summit, Host Confirms
19.7.2023
The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to membership. Nearly 20 Nations Aspire for BRICS...