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” Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi “ A bi-partisan anti-money laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and DAOs will soon be reintroduced to Congress, according to United States Senator Elizabeth Warren. Warren, a vocal crypto critic, argued at the Feb….
” Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH “ The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury. A proposal was submitted on Feb. 14 by the…
” VC Roundup: ZK proofs, DeFi protocol and longevity DAO attract investment “ 2023 is off to a tepid start for crypto venture capital, as the industry continues to emerge from a prolonged bear market. But that doesn’t mean there aren’t deals. In January, Cointelegraph reported a $125 million raise from Blockstream, a $60 million…
” a16z votes against proposal to deploy Uniswap V3 on BNB Chain “ Venture capital firm Andreessen Horowitz (a16z) voted against a final proposal to deploy Uniswap V3 on the BNB Chain using the Wormhole bridge, shows the Uniswap DAO forum. The governance proposal to deploy the latest Uniswap iteration on the BNB Chain was…
” Japanese Prime Minister says DAOs and NFTs help support government’s ‘Cool Japan’ strategy “ Fumio Kishida, the Prime Minister of Japan, has come out in support of blockchain as a potential solution for technological issues facing the country. In response to questioning from Liberal Democratic Party member Masaaki Taira before the Budget Committee of…
” BonqDAO protocol suffers $120M loss after oracle hack “ A small-scale decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit leading to an estimated $120 million being stolen from its protocol. BonqDAO, which is behind the Bonq protocol, told its Twitter followers on Feb. 1 that its protocol was exposed to…
” MakerDAO launches $5M legal defense fund “ According to a new social post on Feb. 1, Maker decentralized autonomous organization, or MakerDAO, has approved the creation of a new fund dedicated to expenses related to legal defense. MakerDAO is the issuer of the DAI United States dollar stablecoin. As told by developers, Maker will…
” Keith Comito on the benefits of blockchain tech and decentralization in longevity research “ Lifespan.io President and co-founder Keith Comito was into longevity before longevity was cool. “We started our nonprofit back in 2014,” Comito said. “Back then, few credible researchers would be caught dead saying they were working on aging. It was still…
” Smart contracts to power day-to-day Web3 company operations “ Web3 firm MetisDAO Foundation launched Koris, a smart contract-based platform that allows decentralized organizations to operate and manage communities through an end-to-end operational infrastructure. In an announcement sent to Cointelegraph, the company said that Koris aims to turn decentralized autonomous organizations (DAOs) into DACs or “decentralized…
” WEF publishes new in-depth guide to DAOs to air issues, encourage development “ The World Economic Forum (WEF) released a “toolkit” for digital autonomous organizations (DAOs) on Jan. 17. More than 100 experts contributed to the document attempts to provide “a starting point for DAOs to develop effective operational, governance and legal strategies.” The…