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100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao governance proposal passed by a…

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Legal battle avoided after YGG and Merit Circle DAO agree to a deal

The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement.

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Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries

During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members…

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Bored Ape Yacht Club’s Apecoin DAO Airdrops Millions of Apecoins to NFT Owners

During the last 24 hours, the cryptocurrency community has been discussing the launch of a new token called apecoin (APE), released by the newly-formed Apecoin DAO. At launch, the token…

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A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants

The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing…

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Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO

On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization…

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Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion

According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $650K. In addition…

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A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum

A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated Wikileaks founder and activist Julian Assange. So far, the DAO has…

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