DAO Financial News

13.06 / 23:40

defi Analysis Opinion Decentralization DAO Democracy Cybernetic organizations — BORGs — are doomed to fail

What makes a decentralized autonomous organization (DAO) a DAO? In practice, the democratic structure of these organizations has been compromised because a number of self-purporting DAOs are operating like traditional corporations.

12.06 / 10:19

Blockchain education Web3 Tokens DAO A semi-centralized exchange to provide a ‘trade-to-own” feature to engage users

The crypto industry is a constantly evolving sector. What may be the standard today can easily be very different tomorrow. Therefore, it is crucial for companies and platforms like crypto exchanges to stay on the cutting edge and implement new innovations.

09.06 / 22:07

Blockchain Digital CFTC Williams Platform Action DAO US CFTC Wins Precedent Setting Case Against Ooki DAO, Calling It a ‘Wake-Up Call’

A US district judge ruled in favor of the US Commodity Futures Trading Commission in its litigation against Ooki DAO — which could have further implications for other decentralized autonomous organizations.

01.06 / 22:03

business Ethereum defi DEX Decentralized Exchange Uniswap DAO Uniswap DAO rejects plan to charge LP fees; UNI holders cite tax concerns

A proposal to enable protocol fees for the Uniswap decentralized exchange failed on June 1, potentially allowing liquidity providers (LPs) to continue to earn all revenue from swaps, according to the proposal’s official webpage. It narrowly missed being passed, with 45.32% of votes going to the “no fee” camp and 42.34% voting to charge liquidity providers one-fifth of the fees they receive from users. Another 12.3% voted to enact a fee charge of one-tenth and 0.04% voted to charge one-sixth.

31.05 / 17:15

cryptocurrency NFT defi DEX Metaverse DAO DAO Maker Price is Going to Zero and Crypto Whales are Stacking Launchpad XYZ as a Better Alternative– What Do They Know?

The DAO Maker (DAO) price has been caught in a downward spiral since falling below its 100-day moving average on May 13.

30.05 / 12:27

Blockchain Ethereum security Scalability DAO Silver Hybrid rollups: The silver bullet for scalability and security on Ethereum

Graphic designers have an old saying: “Your project can be fast, cheap or good — pick two.” It’s a classic trilemma. Rushing to create something might mean it’ll be delivered quickly, and therefore less expensive. Then again, the end product could be disappointing. If customers go the “cheap and good” route instead, they’re willing to wait a while — it’s going to take time, and projects that pay better will be prioritized.

30.05 / 10:17

Ethereum Binance Hack security DAO Tornado Cash BNB Chain Binance Resumes TORN Deposits, Moves Tornado Cash into Innovation Zone as New Proposal is Passed – Here's the Latest

Major crypto exchange Binance reopened TORN deposits following the attack on the privacy-focused crypto mixer Tornado Cash DAO.

26.05 / 21:15

defi DAO Voting Elections DAO Attack A16z releases anonymous voting system for Ethereum

Venture capital fund Andreessen Horowitz, also known as A16z, has released a Solidity library that can be used for anonymous voting on Ethereum. Called “Cicada,” the library prevents an individual voter’s choice from being known before polling ends. When combined with zero-knowledge group membership systems like Semaphore, it can also make the identity of the voter permanently unknowable, according to a May 24 blog post from A16z engineer Michael Zhu.

19.05 / 20:57

Blockchain defi layer2 DAO Voting Mainnet BitDAO passes BIP-21 token optimization and branding proposal

The BIT token will soon undergo a branding transformation to become Mantle, a measure approved through a high majority vote on May 19 on a proposal to optimize the token ahead of the launch of a new layer-two mainnet.

16.05 / 21:27

defi Liquidity DAO class action Bancor DAO hit with class action suit over impermanent loss protection promises

A group of investors has filed a class action suit against the Bancor decentralized autonomous organization (DAO), its operator BProtocol Foundation and its founders in the United States District Court for the Western District of Texas. The plaintiffs claim, among other things, that Bancor deceived investors about its impermanent loss protection (ILP) mechanism for liquidity providers and was an unregistered security.

13.05 / 14:59

business Blockchain Ripple Microsoft goldman sachs DAO Arbitrum network Blockchain Network Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network

A million-dollar question in crypto might be whether tokens can be considered securities in the United States, with some crypto companies staking a lot of money on it.

12.05 / 18:17

business DAO Governance Token BitDAO proposes to replace BIT token in branding revamp

A proposal seeking to apply a "One Brand, One token" principle has been pushed to a vote on BitDAO's Snapshot, calling for substituting BitDAO's token (BIT) under a new governance token. Snapshot serves as an off-chain governance voting platform for decentralized autonomous organizations (DAOs) and other blockchain projects.

11.05 / 18:17

Blockchain defi Research DAO Researchers in Singapore design new ‘more efficient’ DAO scheme

A team of researchers at the Singapore University of Social Sciences recently conducted an appraisal of existing decentralized autonomous organization (DAO) voting schemes to determine which was most efficient.

10.05 / 13:23

Provident Booking Action Fighting DAO Ant Arca Hedge Fund Calls for Aragon to Conduct ANT Token Buybacks – What's Going On?

Crypto hedge fund Arca has called on the DAO-focused developer Aragon to buy back its own ANT token, citing a discrepancy between the value of ANT and the size of Aragon’s treasury.

10.05 / 12:29

Adoption NFT Charity Banks Decentralization DAO Mutual aid, DAOs and activism — The Agenda podcast chats with PactDAO co-founder Marisa Rando

The efforts of many charities organizations are often hampered by the red tape of bureaucracy, and the presence of hierarchical structures within these organizations can complicate matters even further.

10.05 / 06:27

Blockchain defi Altcoin Polygon Decentralization DAO Aragon launches defensive measures against Arca's '51% attack'

Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has pulled plans for its native Aragon (ANT) token holders to be given voting rights over the future direction of the organization.

09.05 / 11:05

Blockchain defi DEX Decentralization DAO The promise of DeFi: Underdelivered or an ongoing journey?

It’s 2023, and decentralized finance (DeFi) has emerged as a major trend in the blockchain and cryptocurrency space, with the emergence of protocols and the promise of building a financial system “free” from the control of central authorities. However, despite its potential benefits, DeFi has faced its fair share of criticism for its lack of true decentralization.

25.04 / 14:17

NFT defi Decentralized Exchange Decentralization DAO MakerDAO Blockchain and crypto leaders converged at DAO Tokyo as Japan increases adoption

Japan’s regulatory and political environment for crypto and Web3 technologies has been evolving rapidly over the past several years. The Financial Services Agency of Japan reported in December 2022 it planned to lift restrictions on foreign-issued stablecoins in Japanese exchanges, which could have significant implications for the decentralized finance (DeFi) ecosystem in Japan and the wider region.

18.04 / 14:03

business defi DAO Voting Project aims for fair governance by changing the voting system

Move-to-earn app creator Sweat Economy is set to let its users decide on how to spend almost $1 million worth of tokens earned as fees and revenue through a governance vote with a twist.

17.04 / 22:01

Blockchain Technology Web3 Research DAO Science Tech Decentralized science is key to fixing academic research

Academia and science are both in the throes of a crisis, marked by several inefficiencies directly impacting our scientific prowess and research capabilities. The subject of stagnation within universities and academic institutions is taboo, and there is no place in this system for dissenting intellectuals who challenge the status quo or the quality of scientific research.

15.04 / 18:51

Blockchain DAO Arbitrum Governance Token Power play Arbitrum proposal to return 700M ARB fails, whale calls it a "power play"

A controversial proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by a massive number of votes on April 15. The Improvement Proposal AIP-1.05 was introduced after the Arbitrum Foundation transferred funds without community approval in March.

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