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MakerDAO manages to increase profit to $19 million
8.2.2023
The year 2022 turned out to be not at all in favor of MakerDAO. It painted quite a solemn picture for the second-in-line DeFi protocol. It happened to have witnessed a full 79% downfall in terms of operating earnings. Even its top-rung revenues saw a downward slide to the extent of 42%. However...
VC Roundup: ZK proofs, DeFi protocol and longevity DAO attract investment
7.2.2023
Venture capital deals slowed in the second half of 2022 amid the bear market. However, behind the scenes, blockchain startups continue to build
Ethereum Name Service DAO Passes Vote to Sell 10,000 Ether
7.2.2023
The DAO (decentralized autonomous organization) of Ethereum Name Service (ENS) has voted to liquidate 10,000 ether for USDC to cover operating costs for the next two years
Uniswap DAO Approves Boba Network Deployment in Latest Community Vote
7.2.2023
The proposal submitted by Boba Foundation and FranklinDAO was backed by organizations such as GFX Labs, Blockchain at Michigan, Gauntlet and ConsenSys
a16z votes against proposal to deploy Uniswap V3 on BNB Chain
5.2.2023
The venture firm used its 15 million UNI holding against the deployment using the Wormhole bridge
Defense Fund: Maker’s new contingency budget fund
3.2.2023
The Defense Fund will soon be created following the approval that has come directly from the Marker Governance. The Defense Fund is expected to play a considerable role in reimbursing active MakerDAO participants for all their legal expenses. This development has been shared by Maker through...
The BonqDAO Protocol loses $120 million to an oracle breach
3.2.2023
The crypto community faces another grim situation as BonqDAO announced a $120 million breach. A recent oracle breach put the protocol at risk, and the attacker changed the price of ALBT. In addition, the attacker minted huge amounts of BEUR, which were later used to swap for other tokens....
Japanese Prime Minister says DAOs and NFTs help support government’s 'Cool Japan' strategy
2.2.2023
Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions
AllianceBlock Token Plunges 51% After $5M Exploit of Bonq DAO
1.2.2023
New ALBT tokens will be minted and airdropped to the affected wallet addresses
MakerDAO launches $5M legal defense fund
1.2.2023
At its inception, the defense fund will receive a budget of $5 million held in the DAI stablecoin
Toyota to explore blockchain use cases via DAO hackathon
1.2.2023
The automotive giant is exploring DAO tools and blockchain integration to improve company operations
First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
1.2.2023
While the DAO has yet to formally see the proposal to allow withdrawals from stETH, Galaxy Digital has already been critical, and the Lido governance token has fallen about 15% from its high last week week
Mango Markets Exploiter Thought a DAO Protected Him. Then US Courts Showed Up
31.1.2023
Mango Labs’ $47 million civil suit against crypto trader Avraham Eisenberg is a case study in how the ideals of crypto governance and DAOs take a backseat to real-world contracts law
VitaDAO manages to raise $4.1M in a fundraising round
31.1.2023
VitaDAO has very successfully managed to raise an amount of $4.1 million for itself, through a fundraising round. This was made possible with the adequate amount of funding it received from the likes of Pfizer Ventures, Shine Capital, and L1 Digital. There were also decentralized science and Web3...
Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens
30.1.2023
FLOKI prices have rallied more than 100% in the past week
Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens
27.1.2023
The proposal is part of a broader move towards positioning Floki Inu as a serious DeFi project, developers told CoinDesk
MagicSwap v2 is the first AMM in crypto backing NFTs &all ERC-20s via a single router
27.1.2023
MagicSwap v2 happens to be the very first AMM in crypto, which suitably backs pools, in the case scenario of ERC-20s, as well as NFTs, all through just a sole router. It also happens to be providing the opportunity of carrying out the trading of all items existing in a game economy (fungible...
Japan Embraces Web3 As Global Regulators Grow Wary of Crypto
26.1.2023
With tight regulations already in place that helped insulate FTX Japan and its investors from heavy losses suffered elsewhere in the world, Japan is working on policy and guidelines for stablecoins, NFTs and DAOs as it welcomes a crypto future
Today in Crypto: Tether Joins Hands with INHOPE to Fight CSAM, Mango Labs Sues Exploiter, 'UK Must Move Faster' on Crypto Regulation
26.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Tether Joins Hands with INHOPE to Fight CSAM, Mango Labs Sues Exploiter, 'UK Must Move Faster' on Crypto...
Core announces a merger with LayerZero
25.1.2023
Core is ecstatic to announce its merger with LayerZero, which also happens to be an omnichain interoperability protocol and was started by LayerZero Labs. This will prove to be incredibly advantageous for Core since it can link with other blockchains appropriately. As a result, Core will be able...