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Ooki DAO to shut down after 'precedent setting' court battle with CFTC
10.6.2023
The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as “‘person’ under the Commodity Exchange Act.”
US CFTC Wins Precedent Setting Case Against Ooki DAO, Calling It a ‘Wake-Up Call’
9.6.2023
A US district judge ruled in favor of the US Commodity Futures Trading Commission in its litigation against Ooki DAO — which could have further implications for other decentralized autonomous organizations.
Judge William H. Orrick entered a default judgment order on Thursday night, which requires...
CFTC Wins Lawsuit Against Ooki DAO
9.6.2023
Best Crypto to Buy Now 8 June – Stacks, Lido DAO, Bitget
9.6.2023
U.S. Securities and Exchange Commissioner Chair Gary Gensler emphasized the importance of regulatory compliance in the crypto industry today at the Piper Sandler Global Exchange & FinTech Conference, rejecting any idea of preferential treatment for cryptocurrencies.
He challenged claims...
Best Crypto to Buy Now 7 June – Optimism, ApeCoin, Lido DAO
7.6.2023
The U.S. House Financial Services Committee will hold a hearing on June 13 on the topic of cryptocurrencies, potentially giving more clarity to the markets.
The committee oversees matters like the Federal Reserve Board, the US Treasury, and currency.
How might this affect the cryptocurrency...
Centrifuge successfully delivers Centrifuge Prime
7.6.2023
Centrifuge, which is basically a DeFi protocol meant for carrying out investments in real-time assets, successfully delivers its Centrifuge Prime, which helps DAOs to oversee a bunch of RWAs in beta. Centrifuge Prime, on its part, will be playing the role of strengthening DAOs in scouring ways...
Goracle x Tokenomics DAO
5.6.2023
Goracle and Tokenomics have announced their collaboration with the objective of performing a comprehensive audit and review of Goracle’s tokenomics. Strategic in nature, the collaboration will help offer assurance to investors about the tokenomics infrastructure. Moreover, the audit and review...
Uniswap DAO rejects plan to charge LP fees; UNI holders cite tax concerns
1.6.2023
The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity providers
MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase
1.6.2023
The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds
DAO Maker Price is Going to Zero and Crypto Whales are Stacking Launchpad XYZ as a Better Alternative– What Do They Know?
31.5.2023
The DAO Maker (DAO) price has been caught in a downward spiral since falling below its 100-day moving average on May 13. However, certain signals suggest the sell-off may be nearing an end and a reversal could be on the horizon.
The DAO Maker price is currently trading at $1.153, down by 0.58%...
TRX’s value increases after the DAO burns an old batch of TRX
31.5.2023
TRON DAO recently announced burning its old batch of TRX, adding up to 268,971,097. The development was a part of TRON’s strategy to elevate TRX’s market value. Moreover, the move was made to improve TRON’s overall ecosystem efficiency. The DAO released an official post to inform users about...
Mercedes-Benz's Web3 Arm Teams Up with Fingerprints DAO for New NFT Collection
31.5.2023
Digital art organization Fingerprints DAO teamed up with Dutch artist Harm van den Dorpel and German car giant Mercedes Benz on a generative art non-fungible token (NFT) collection.
"Maschine. Coming soon — a collection about velocity and perception," the Fingerprints DAO website states....
Best Crypto to Buy Now 30 May – Quant, Injective, Lido DAO
30.5.2023
Conservative Republicans are opposing the bipartisan agreement to raise the U.S. debt ceiling, which could result in a U.S. default if it doesn't pass its first test in Congress.
Both President Joe Biden, a Democrat, and the leading Republican figure in Congress, House Speaker Kevin McCarthy...
Mercedes Benz Web3 Arm To Release NFT Collection With Digital Art Community Fingerprints DAO
30.5.2023
Titled “Maschine,” the generative art collection was created by Dutch artist Harm van den Dorpel and draws inspiration from automotive concepts
Binance Resumes TORN Deposits, Moves Tornado Cash into Innovation Zone as New Proposal is Passed – Here's the Latest
30.5.2023
Major crypto exchange Binance reopened TORN deposits following the attack on the privacy-focused crypto mixer Tornado Cash DAO.
The exchange announced on Monday that it has resumed deposits for TORN via the Ethereum (ETH) network and Binance's own BNB Smart Chain.
TORN deposits on these...
JustLend DAO’s declaration on USDJ Market’s repayments of bad debts
29.5.2023
JustLend DAO, TRON’s DeFi (decentralized finance) platform, made an announcement on 27 May 2023 (Singapore time) about its USDJ market repayment of bad debts. JustLend DAO allows its users to earn yields via supplied digital assets, borrow them against collateral, take part in TRX staking,...
Blockchain-Based Re-Usable KYC ‘Particularly Valuable in Web3’ — Cheqd CEO Fraser Edward
28.5.2023
According to Fraser Edward, the CEO and co-founder of the public permissionless network, Cheqd, one of the main hurdles faced when attempting to move data stored on Web2 servers to Web3 is “establishing a clear and scalable revenue model.” Edward however suggested overcoming this hurdle...
Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes
28.5.2023
The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title “Stability Scope Parameter Changes #2.”...
Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens
25.5.2023
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday
Coliving Project Cabin Wants to Put Digital Nomads in Nature
23.5.2023
Cabin just announced plans for the first “network city,” a global alliance of self-governing neighborhoods accessible to “citizens'' who hold NFTs