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Aragon DAO Backs Lawsuit Against Founding Team, Allocates $300,000 in Funding
22.11.2023
Image source: Adobe Stock Aragon DAO, a decentralized autonomous organization, has passed two votes that support a lawsuit against its founding team, allocating $300,000 in funding for the legal battle. The voting process saw unanimous approval for the proposal, with 1.6 million governance tokens...
Abu Dhabi Global Market Unveils New Regulations for Web3 Firms
2.11.2023
Abu Dhabi seeks to beef up its web3 landscape with new guidelines for blockchain-based firms as its crypto hub is projected to grow in the coming months. The Abu Dhabi Global Market (ADGM) announced new rules that create numerous blockchain foundations and how they operate within the jurisdiction...
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...
In Crypto's 'Autonomous Worlds,' Creators Are Architects and Users Are Stakeholders
31.10.2023
Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities
30.10.2023
The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further
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
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
US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation
19.8.2023
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner. U.S. Judiciary Designates Tornado Cash...
Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist
7.8.2023
First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
Maker Price Prediction as MKR Pumps 13% on Token Buyback Scheme – Can it Break This Key Resistance?
21.7.2023
Maker (MKR), the governance token of the Maker Decentralized Autonomous Organisation (DAO) and of the decentralized finance Maker Protocol behind the issuance of the DAI USD-pegged stablecoin, has pumped around 13% on Friday.
MKR/USD was last trading around $1140 per token, but went as high...
Humayun Sheikh, CEO of Fetch.ai, on AI, Machine Learning, Autonomous Agents, and Blockchains | Ep. 243
30.6.2023
In an exclusive interview with cryptonews.com, Humayun Sheikh, Founder and CEO of Fetch.ai, talks about building the infrastructure required for autonomous software agent, connecting smart agents to automate web3 systems, and the intersection of AI and Crypto....
Read More: Humayun Sheikh, CEO...
Notions of DAO Immunity Sink as CFTC Lawsuit Declares Ooki DAO a ‘Person’ Under the Law
11.6.2023
On June 9, 2023, the Commodity Futures Trading Commission (CFTC) declared victory in a lawsuit against Ooki DAO, a decentralized autonomous organization. According to the CFTC, the judge’s ruling that the Ooki DAO is a “person” under the Commodity Exchange Act sets a new legal...
Treat Crypto as Securities by Default, European Parliament Study Says
1.6.2023
Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says
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%...
Pony.ai Introduces Driverless Robotaxi Service in Shenzhen, Following Successful Launch in Guangzhou
29.5.2023
Chinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen.
On Monday, the autonomous vehicle technology company revealed that it has received a permit in Shenzhen to conduct robotaxi services without an onboard safety officer in the city's core areas...
DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% Increase
20.5.2023
According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February 19, 2023, the treasuries dwindled to $8.8 billion. However, during the past 90 days, there has been a significant surge, with...
Chinese Autonomous Region of Guanxi to Adopt Digital Yuan in Push for ASEAN Trade Integration
20.5.2023
The Chinese autonomous region of Guanxi, located in the south of China, will implement a wide adoption plan for the digital yuan, that includes a push for using it as a trade currency with countries part of the ASEAN bloc. This pilot plan looks to be part of the experimentation to step up the usage...
Goracle launches the decentralized autonomous entity Goracle DAO
10.5.2023
Goracle takes an enormous amount of pleasure in coming out with its official declaration that it has successfully delivered the Goracle DAO. This is basically a decentralized, autonomous organization. It allows node runners, data consumers and providers, and community members to take an active part...
Umami Labs founder: DAOs aren't always the answer
13.4.2023
Decentralized autonomous organizations suffer from a lack of oversight. Companies and founders should take that into account in their planning