CFTC Is Suing a DAO. Here’s Why DeFi Users Should Be Alarmed
In the lawsuit, the Commodity Futures Trading Commission claimed that “DAOs are not immune from enforcement and may not violate the law with impunity.” CFTC Sues Ooki DAO in Landmark...
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Vitalik Lists 3 Reasons Why DAOs Are Better Than Corporations
Ethereum co-founder Vitalik Buterin published a lengthy blog post on Monday defending the usefulness of decentralized autonomous organizations (DAOs). He outlined 3 reasons that DAOs have unique advantages compared to…
Panda DAO says it will dissolve and return investor’s assets due to internal strife
"Too much time in governance, too little time in development, too many voices in price. Too tired and refund it all," a core team member wrote.
Waves founder: DAOs will never work without fixing governance
Decentralized autonomous organizations have too many attack vectors that affect important projects. That needs to change for them to become practical governance models.
Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia
Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the…
DApp activity rises 3.7% in August for the first time since May: Finance Redefined
DeFi token finally broke out of two-week-long bearish price dominance to trade in the green, where several tokens in the top 100 registered double-digit gains over the past week.
DeFi protocol token NFD crashes by 99% after a flash loan attack
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols.
MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization."
Fei Protocol founder proposes ghosting Tribe DAO following hack repayment
Refuting TIP-121, members of the community questioned the lack of timelines and hard numbers within the proposal.
Tornado Cash DAO goes down without explanation following vote on treasury funds
Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions.
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