Abu Dhabi pioneers DLT regulation for DAOs, Web3 innovations
Abu Dhabi aims to become a crypto hub alongside Dubai in a move that’s part of a larger goal to foster initiatives in the blockchain and digital asset realm.
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Superdao to Cease Operations Citing Lack of Profitability
Superdao, a platform founded to help with the development of decentralized autonomous organizations (DAO), said it would shut down operations due to unprofitable returns and would refund investors. The platform…
Future of DAOs limited by lack of regulatory framework: ECB Occasional Paper
Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank occasional paper.
DeSci-focused DAO community funds cancer research
VitaDAO community agreed to fund an early-stage cancer research through the launch of a biotech company named Matrix Biosciences.
BarnBridge DAO votes to comply with SEC order
The voting ended with a unanimous decision to comply with the SEC’s potential demands and pay fines if necessary.
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull
A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021, but some commentators have raised doubts.
September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August.
UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank
Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government.
JPEX crypto exchange launches asset-lock-up plan, as some users cry foul
JPEX has pushed ahead with its DAO Shareholder Dividend Scheme. However, some users claim their assets are being converted without their knowledge.
DAOs can help scientists find funding and community, says Nature science journal
Decentralization could help bring scientists in underfunded fields and locations to the table without requiring relocation or reemployment