Arbitrum, Wintermute and more DeFi lies
Arbitrum's market maker, Wintermute, received $40 million of ARB from Arbitrum as part of the $1 billion allocation.
Latest DAO News
DAOs are still legal partnerships, US judge rules in stolen assets case
Judge Larry Burns said bZx DAO founders had formed the organization intending to circumvent U.S. company law and that the DAO was effectively the same as a general partnership.
Philippine Blockchain Week to offset 500 tons of carbon footprint through KlimaDAO
KlimaDAO is a DAO that is driving the development of the Voluntary Carbon Market by building infrastructure that makes the market more transparent and accessible.
US securities regulator moves to stop the sale of American CryptoFed DAO tokens
The U.S. Securities and Exchange Commission says that the DAO’s registration last year for Locke and Ducat tokens failed to contain required information about its business, a claim the DAO refutes.
Japan’s digital agency delves into DAOs, seeks to explore their ‘functions and roles’
The Digital Agency of Japan follows a Wyoming legislation that conferred legal status on a DAO, recognizing it as a legal entity in a trailblazing move.
How to build an NFT game without selling out
For a game to develop real value, players must have an equal balance and skill component as a factor of winning. Without these, the game is nothing more than a complex slot machine.
US first legally recognized DAO goes legal route to release utility tokens
American CryptoFed DAO LLC, which became the first legally recognized DAO in July, has filed a new S-1 to use two tokens to establish its secondary market.
The first legally recognized DAO in the USA
The American CryptoFed DAO is the very first decentralized autonomous organization to be legally recognized and protected in the USA.
Wyoming Senate passes DAO law
Wyoming's Senate has passed a bill that will legally recognize Decentralized autonomous organizations (DAOs) as legitimate businesses.
Ethereum devs plead for hard fork to retrieve lost funds
Another controversial proposal is sparking a word war within the Ethereum community.
Another slip-up: “accidental” kill command freezes $285 million in Ethereum multi-sig wallets
Ethereum smart contracts suffer one expensive bug after another, raising the question as to whether they should be deploying at industry-wide scale at all.