IMF sees climate change, DAOs, CBDC as threats to Marshall Islands, urges reforms
Entering the crypto economy is not a good idea for a country with “capacity constraints” and no central bank, the IMF thinks.
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Sweat Economy DAO votes to repurpose $10M of idle tokens
The move-to-earn platform had 2 billion $SWEAT tokens locked up in inactive user accounts which the community has voted to be returned to a governance contract.
Aave proposal to freeze alleged Curve founder’s loans draws controversy
The proposal suggests that a cap should be imposed on the use of CRV as collateral, preventing this wallet address from adding more loans.
Bancor DAO hit with class-action suit over impermanent loss protection promises
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses.
Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network
This week’s Crypto Biz explores Arbitrum’s latest proposal, Ripple’s two-year battle with the SEC and a large corporations’ coalition to build blockchain solutions for institutional investors.
BitDAO proposes to replace BIT token in branding revamp
After community approval, BIT holders will undergo a token conversion process for the new Mantle token. Governance and treasury management will remain unchanged.
Utah DAO Act: How the law was made and what it means for decentralized business
How the Utah DAO Act went from an idea to a piece of legislation — and the challenges along the way.
Blockchain and crypto leaders converged at DAO Tokyo as Japan increases adoption
Japan has taken strides of late to adopt and integrate decentralized technologies within both government and businesses.
Arbitrum proposal to return 700M ARB fails, whale calls it a “power play”
The AIP-1.05 was defeated by 118 million votes. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval.
Umami Labs founder: DAOs aren’t always the answer
Decentralized autonomous organizations suffer from a lack of oversight. Companies and founders should take that into account in their planning.
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