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Decentralized Autonomous Organizations (DAOs): Governance in 2024


Introduction In 2024, Decentralized Autonomous Organizations (DAOs) continue to reshape the landscape of governance, offering a new model for community-driven […] The post Decentralized Autonomous Organizations (DAOs): Governance in 2024 appeared first on

Metalex and Lido Finance Propose First Major BORG Initiative


Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing...

Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments


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....

Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol


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...

Azuro Raises $11M Led by SevenX Ventures and Arrington Capital


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

Binance Labs transforms into an autonomous investment wing


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


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...

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