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African Union greenlights AI adoption across member states
11.8.2024
The strategy aims to fast-track AI development and adoption in Africa, driving innovation and growth that aligns with Nigeria’s digital transformation goals
Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin
10.8.2024
A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly...
El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms
8.8.2024
The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public finances, boost bank reserves, improve governance, and address bitcoin risks. Although many BTC risks haven’t materialized for El Salvador, the IMF stated that both...
Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration
7.8.2024
On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project...
SUN.io Launches SUN DAO to Enhance Decentralized Governance and Drive Ecosystem Innovation
1.8.2024
PRESS RELEASE. Singapore, August 1st, 2024 – SUN.io, a leading DeFi platform built on the TRON blockchain, is thrilled to announce the launch of SUN DAO. This strategic initiative aims to enhance SUN.io’s decentralized governance and community autonomy. By expanding the real-world...
'Golden Boys' Move on CompoundDAO Wasn't a Governance Attack: Tally Protocol CEO
1.8.2024
Sitting on the sidelines during the democratic process means you can't complain about the result, the CEO and co-founder of a DAO vote-counting protocol argued in an interview
OZO vs. DAOs: Governance Battle in Quantum Era
1.8.2024
Ozone Chain (OZO) follows a voting system called “Governance by Voting” when making decisions to communicate and coordinate with the network users. In this model, token holders are permitted to propose and vote on changes that should be made in the network, with their votes typically...
EU AI Act comes into effect — Here’s what to expect
31.7.2024
The European Union’s AI Act takes effect on Aug. 1, introducing significant regulations for artificial intelligence through phased implementation and key compliance obligations
COMP Token Rises as Whale Backs Down on Supposed 'Governance Attack' on Compound
30.7.2024
A new staking product will be offered instead of what Humpy and the 'Golden Boys' initially proposed
‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
30.7.2024
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289
COMP Down 6.7% after Supposed 'Governance Attack' on Compound DAO
29.7.2024
A whale holding COMP tokens is helping push through a governance proposal that would allocate $24 million in COMP to a yield-bearing protocol called goldCOMP
Compound Finance proposals elicit ‘governance attack’ allegations
28.7.2024
Community risk assessors warned against the perceived centralization effort days before the proposal’s passage
Cardano ready for Chang hard fork after latest validator node release
25.7.2024
The first phase of the Chang era is the beginning of the network’s transition to decentralized governance
Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot
24.7.2024
The cross-chain service is popularly used to transfer funds between Ethereum, Base and Solana blockchains
Animoca Brands Integrates Transak for Simplified TOWER Ecosystem Onboarding
11.7.2024
Animoca Brands’ TOWER Ecosystem has announced the integration of Transak, a leading fiat-to-crypto payment gateway. This partnership aims to simplify the process of acquiring TOWER tokens (TOWER) by allowing users to purchase them directly with fiat currency. TOWER Ecosystem Simplifies Token...
DeltaPrime Unveils $PRIME Token: Pioneering a New Standard in DeFi Governance and Utility
27.6.2024
PRESS RELEASE. June 27, 2024 — DeltaPrime, a decentralized borrowing and investing platform, is thrilled to announce their Token Generation Event (TGE) on Uniswap and Trader Joe. The TGE marks another innovation in crypto with the launch of the $PRIME and $sPRIME tokens on July 1st, 2024....
Hong Kong targets DeFi, metaverse for fintech expansion
26.6.2024
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors
MakerDAO delegate’s $11M in tokens stolen in phishing scam
23.6.2024
The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets
Terraform Labs ends operations, Terra community takes over
13.6.2024
Terraform Labs ceases operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community
Bitfarms pushes back against Riot’s $950M takeover attempt
13.6.2024
Riot's $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests