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Token Galaxy hails BlockDAG as a major player with $10 projection, overshadowing KangaMoon and Lido DAO
9.5.2024
In the realm of cryptocurrencies, YouTube influencers like Token Galaxy are pivotal in directing market trends and investment flows. Token Galaxy’s recent endorsement of BlockDAG has stirred the crypto community, touting its potential as a top investment with a projected price of $10 by 2024....
Arbitrum DAO seeks opportunities to invest in real-world assets
8.5.2024
Some crypto companies have expressed their willingness to help Arbitrum diversify their holdings. Arbitrum is planning to invest 35 million ARB tokens valued at $37 million in liquid and stable assets. More than twenty-four companies pitched their products in a recently held open call, including...
Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
6.5.2024
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi
Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’
6.5.2024
Mango DAO used treasury funds to compensate hack victims through a buyback program, but critics claim it was done to benefit an FTX estate buyer
Lido Finance hits 1M validators, fueling the growth of DeFi
29.4.2024
Lido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi protocol category
TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop
17.4.2024
PRESS RELEASE. Geneva, Switzerland, April 17, 2024 – The Harvard Blockchain Conference, a premier gathering hosted by the Harvard Blockchain Club, showcased the TRON DAO as a Platinum Sponsor, the highest tier for the Harvard Blockchain Conference. The official conference saw a packed crowd...
DAOs cash out tokens amid rising prices: Strategic shifts unfold
16.4.2024
In the setting of the volatile market of digital currencies, it is time for many DAOs (Decentralized Autonomous Organizations) to collect funds by organizing token sales with the aim of improving their finances and devaluation of their tokens. This alteration in strategy is because many...
Azuro Raises $11M Led by SevenX Ventures and Arrington Capital
11.4.2024
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
MultiGov Launches as First Multichain Governance System Across Solana, Ethereum, and EVM L2s
9.4.2024
The Wormhole DAO will be initiated to acquire MultiGov by enabling W holders to create and vote on executive government proposals for any supported chain. This integration is coming under an innovative governance model by marking a significant transfer towards the significant inclusive...
Ether Rallies to $3.6K as Bitcoin Holds Steady at $71K
9.4.2024
Liquid staking tokens like Lido, Rocket Pool, and ether.fi follow ether's gains
Recent Aave DAO move on MakerDAO fuels DeFi ‘walled gardens’ concerns
5.4.2024
In the recent wake of Web3 adoption, two competitors have found themselves in a squabble in the aftermath of Web3 adoption. Gauntlet, AAVE’s market risk manager, was also caught side-hustling with MakerDAO, AAVE’s direct competitor. Gauntlet’s exit from Aave caused further...
Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval
5.4.2024
Prisma Finance has unveiled a strategy to cautiously restart operations following a hack that resulted in a loss of $11.6 million and prompted a temporary pause of the platform on March 28.
The post Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval appeared first...
ParaSwap DAO unveils innovative buyback strategy to Optimize Governance
4.4.2024
ParaSwap DAO, a decentralized autonomous organization (DAO) governing the ParaSwap decentralized exchange (DEX), has introduced a groundbreaking buyback approach to optimize governance and incentivize token holders. A protocol’s ability to maximize efficiency and optimize operations...
Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO Address
4.4.2024
SlowMist analysts have expressed concern over a 100 ETH transaction originating from an AssangeDAO address directed to a recipient apparently linked to the decentralized autonomous organization (DAO) on March 10.
The post Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO...
MakerDAO could allocate $600 million worth DAI to USDe and sUSDe
2.4.2024
MakerDAO is considering allocating DAI to a value of $600 million. The allocation will be to USDe and sUSDe via Morpho Labs. The allocation could go as high as $1 billion worth of DAI tokens. The objective is to enhance the TVL growth of Ethena Labs. Notably, the proposal is under consideration...
Core DAO contributors highlight the extensive acceptance of Bitcoin
2.4.2024
Given the continual technological advancement of blockchain through cryptocurrency, it is expected that Bitcoin will have more distinguishing characteristics than other crypto assets. It can broaden its use as a speculative financial asset by incorporating broader utilities to reassess its value...
MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews
TRON DAO Reveals Exciting Updates to Sponsor and Judge List for HackaTRON Season 6
29.3.2024
PRESS RELEASE. Geneva, Switzerland, March 28, 2024 – HackaTRON Season 6, co-hosted between TRON DAO, HTX DAO, BitTorrent Chain, and JustLend DAO, introduces an exciting lineup of new sponsors, partners, and judges. Showcasing HackaTRON Sponsors Diamond Sponsors: Ankr: Specializing...
Is It Too Late to Buy Ondo? ONDO Price Hits Record High as SpongeV2 Eyes Major Exchange Listings
26.3.2024
Flux Protocol and Ondo DAO’s governance token ONDO set a new all-time high (ATH) earlier today, according to data by CoinGecko. In the morning GMT, ONDO rose to a record price of $0.9934, before before pulling back 11% to its current level of $0.8679. ONDO is currently the 95th biggest...
Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token
26.3.2024
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...