DAOs
US’s SEC Finds Anomalies in CryptoFed DAO’s 2021 Registration.
The American CryptoFed DAO seems to have caught itself in a nasty net and risks losing its registration. The US Securities and Exchange Commission has found some anomalies in the…
MakerDAO Risk Core Unit Proposes to Change Collateral Parameters for Dai.
MakerDAO Risk Core Unit wants to make urgent changes to collateral parameters for the decentralized autonomous organization’s stablecoin Dai. Primoz, a member of its team, proposed the changes in light…
LUNC DAO Defends Do Kwon’s Stance.
A crypto influencer and validator runner named LUNC DAO used Twitter to correct any misconceptions the previous LUNA community may have had about Do Kwon’s position during the TerraForm Labs…
No Noted Foul Play in Death of MakerDAO Co-Founder Nikolai Mushegian.
There is no evidence of foul play in the death of Nikolai Mushegian, the co-founder of MakerDAO, says police in Puerto Rico. The body of the 29-year-old was found last…
DAOs Adopt Legal Structures To Tackle Regulators.
Several DAOs are turning to legal structures to overcome regulators asking “tough questions” about their legal liability. SushiSwap now has a new three-part legal structure for its DAO and developer…
Alien Worlds Introduces In-Game DAOs Under Planetary Syndicates Model.
Alien Worlds, a play-and-earn NFT game, has launched in-game DAOs under a new Planetary Syndicates model. Saro McKenna, Alien Worlds co-founder, said after more than two years of development and…
MakerDAO Revenue Plummets 86% From Previous Quarter.
MakerDAO recorded a fall in revenue in the third quarter of 2022 because of a drop in loan demand and a few liquidations amid high expenses. Its revenue fell to…
MakerDAO to Invest $500mn in U.S. Treasury Bonds.
The world’s largest decentralized finance lending protocol, MakerDAO, wants to invest $500 million in short-term US treasury bonds and investment-grade corporate bonds. This was approved by MakerDAO members in a…
DeFi Governance is Actually Worse Today, says Kain Warwick – Synthetix Founder.
The founder of Synthetix Kain Warwick believes DeFi governance is actually worse today than a year ago. He said governance just gets thrown out the window during a bull market.…
Tribe DAO to repay affected users of $80 million exploit on Rari Capital.
Tribe DAO has passed a vote to repay affected users of the $80 million hacking incident on DeFi platform Rari Capital’s liquidity pools. After several rounds of voting and governance…
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