Category: DAO

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DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report

“If DeFi aims to reduce regulatory risk, the form of DeFi governance will gradually become a DAO,” writes KuCoin Labs in its annual report. KuCoin Labs, the investment and research arm of crypto exchange KuCoin, has released its annual report, predictin that decentralized finance (DeFi) will still be a significant trend in the crypto industry…
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Syndicate protocol helps create 450 new DAOs in just three weeks

The milestone in Syndicate’s journey may indicate that DAO governance structure will become more common in blockchain and beyond. Blockchain-based investing protocol Syndicate claims that 10% of all decentralized autonomous organizations (DAO) in existence have been created on its platform in less than three weeks of operation. Syndicate is a DAO creation platform that has…
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Super Bowl Crypto Ads, Which One Was the Most Interesting?

  The 2022 Super Bowl was inundated with crypto ads as four crypto trading platforms and one decentralized autonomous organization (DAO) aired ads promoting the nascent industry. Reactions varied widely, but the majority in the crypto community seemed to be impressed with the ads by major crypto exchanges Coinbase and FTX. … Read More: Super Bowl…
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The evolution of DAOs and why they are expected to take hold in 2022

The formation of DAOs and a look ahead to 2022 and how DAOs are on a path towards mainstream adoption. In 2021, crypto has been one of the biggest trends shaping tech and finance, and according to mainstream news headlines, decentralized autonomous organizations (DAOs) are set to be a force to be reckoned with in…
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Bunny and Qubit turns to DAO following $80 million bug exploit

The exploit took place on the Ethereum-BSC bridge that saw the hacker use $185 million as collateral to steal $80 million worth of tokens from lending pools. The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization (DAO). In an official medium post published…
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MakerDAO launches biggest ever bug bounty with $10M reward

Immunefi’s largest bug bounty to date aims to help MakerDAO pinpoint potential vulnerabilities in its smart contracts and apps to prevent monetary losses. MakerDAO has announced that it will begin offering a maximum of $10 million bounty to white hat hackers and cybersecurity specialists who point out legitimate security threats in its smart contracts. Maker’s…
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AssangeDAO Wins the Bid for Pak’s Clock NFT for USD 53M

  AssangeDAO, a decentralized autonomous organization (DAO) consisting of “cypherpunks” fighting for the liberation of incarcerated WikiLeaks founder Julian Assange, has won the bid for the Clock NFT, which was created by digital artist Pak in collaboration with Assange. The DAO used the community funding hosting platform Juicebox to raise funds in return for its…
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5 Crypto Trading Platforms and 1 DAO are Set to Air Ads During Super Bowl

  The upcoming Super Bowl in the USA, the annual playoff championship game of the National Football League (NFL), will be inundated with crypto ads as at least five crypto trading platforms and one decentralized autonomous organization (DAO) have paid up to USD 7m each to reserve a 30-second ad slot…. Read More: 5 Crypto…
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Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

AssangeDAO concludes raise with $53M to help Julian fight for freedom

The AssangeDAO pulled in 17,422 Ether from 10,000 people, with the funds set to be used to win the NFT auction that is supporting Assange’s legal battles. The Decentralized Autonomous Organization (DAO) supporting Wikileaks founder Julian Assange’s legal plight has concluded its raise, generating a whooping 17,422 Ether (ETH) worth roughly $53.7 million. As previously…
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