VIDT goes decentralised and becomes a DAO

VIDT launches a new smart contract and a new token. Its battle-tested validation technology is now open source for any platform to be able to secure its data authenticity. A history of successful data...

Karate Combat DAO Will Change The Face of League Governance

One of the greatest sports leagues will introduce a DAO for their fans and athletes. Decentralized Autonomous Organizations eliminate central entities from the game. MakerDAO, DecentralandDAO, Constit...

Ooki DAO moves to raise funds to defend against CFTC lawsuit

Ooki DAO community members have commenced discussions to explore possible fundraising options to defend their case against the CFTC. The Commodity Futures Trading Commission (CFTC) had on Sept. 27 fil...

Poseidon DAO’s first AMA – The Cryptonomist

Poseidon DAO’s first Twitter space was held on Monday, 26 September, hosting artists Yu Cai and Niro Perrone. Guided by critic and curator Ivan Quaroni, the artists traced their artistic past, told th...

Karate Combat Announced DAO With an Aim to Transfer Control to Fans and Athletes

Karate Combat has announced plans to launch its Decentralized Autonomous Organization by the end of this year, making it the first sports league to transition the governance to the community of fans a...

The CFTC Served Ooki DAO Papers by Posting Them in an Online Discussion Forum

The lawsuit, announced last week, is the first to be brought against members of a DAO by the CFTC, and could have wide-ranging consequences for DAO regulation in the future. Charges were also filed an...

Web3 and How It Helps the Environment – Dave Uhryniak of TRON DAO Explains

TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of...

Interpreting the CFTC’s Lawsuit Against Ooki DAO

“A key bZeroX objective in transferring control of the bZx Protocol (now the Ooki Protocol) to the bZx DAO (now the Ooki DAO) was to attempt to render the bZx DAO, by its decentralized nature, enforce...

CFTC serves Ooki DAO members lawsuit via governance discussion forum

The Commodity Futures Trading Commission (CFTC) served a lawsuit against Ooki DAO via its website chat box and its online governance forum, according to a Sept. 27 court filing. According to the filin...

Crypto community criticizes the CFTC after “unprecedented” charges against the Ooki DAO – crypto.news

Members of the cryptocurrency industry are riling up against the U.S. Commodity Futures Trading Commission (CFTC) after the agency filed a civil enforcement action against Ooki DAO as part of its proc...

Here is Why CFTC Filed a Lawsuit Against Ooki DAO

CFTC enforces penalty of $250,000 against bZeroX, LLC and its Founders and Charges Successor Ooki DAO. The allegation includes the Illegal offering, Off-exchange digital-asset trading, Registration Vi...

Unpacking Recent ApeCoin Developments

September 26, 2022, 10:15AM EDT • 12 min read Quick Take ApeCoin aims to fuel innovation at the intersection of culture, gaming, and commerce. Governance is conducted through the synergistic relations...

Aragon community voting to transfer treasury funds after dissolving old DAO

The Aragon community is voting on what to do with its treasury funds after it transitions from its old DAO structure to one that incorporates delegated voting as part of its architecture. Aragon is a ...

Lawsuit against Ooki DAO Takes New Twist as CFTC Commissioner Dissents Ruling

The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against the Ooki DAO platform for engaging in activities that only regulated entities called futures commission merchants (FCM) can ...

New Precedents Emerge In CTC Lawsuits Against Ooki DAO

Ooki DAO is currently facing the force of the futures trading watchdog. The CFTC filed a lawsuit against the platform for offering services outside its authority. The Commodity Futures Trading Commiss...

What’s next for DAOs? Breaking down the CFTC’s latest enforcement action

On Sept. 22, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Ooki DAO in the U.S. District Court for the Northern District of California. The complaint alleged that the DAO was...

Maker DAO Shows Bullish Sentiment After A While, Eyes $800?

MKR trades below 50 and 200 EMA on the daily timeframe.  Price breaks out of a falling wedge with eyes set on key resistance of $800. The price looks strong on low and high timeframes. Maker DAO (MKR)...

CFTC Sues a DAO, Raising Legal Questions for DeFi Founders and Users

The regulatory crackdown on crypto continues. The Commodity Futures Trading Commission on Thursday announced settled charges against the founders of bZeroX, the company behind the bZx protocol. The CF...

CFTC Slaps First Lawsuit on DAO Over Rules Violation – crypto.news

The United States Commodity Futures Trading Commission (CFTC) has moved against a decentralized autonomous organization (DAO) and holders of its tokens. In a surprising move, the agency has sued the D...

CFTC Lawsuit Against Ooki DAO, $250,000 Settlement with bZx Creates New Precedents

The Commodity Futures Trading Commission (CFTC) has filed an enforcement action lawsuit against Ooki DAO, a crypto margin trading and lending platform for engaging in digital asset margin trading that...

The Moshnake Platform Is The Gaming Blockchain Crypto Has been Waiting For Along With Other Crypto-assets Like Solana And Mantra DAO

The crypto market is expanding with various blockchain industries spawning and evolving. The crypto gaming industry, currently worth billions of dollars, is a financial nest for many crypto enthusiast...

Poseidon DAO presents Yu Cai and Niro Perrone

Poseidon DAO is pleased to announce that, starting with the AMA to be held on Monday, 26 September at 7 PM (CET), it will host a series of meetings to be attended by ever-changing NFT personalities, w...

CTFC slammed for ‘blatant regulation by enforcement’ over Ooki DAO case

The United States Commodities Futures Trading Commission (CFTC) has sparked strong criticism from the community after filing a federal civil enforcement action against members of the decentralized aut...

The CFTC fined Ooki DAO

The CFTC, which stands for Commodity Futures Trading Commission, fined Ooki DAO and its members because it was illegally offering a leveraged and margin trading service to retail, according to the age...

CFTC Files Its First Case Against A DAO, bZeroX, For Operating Illegally

The U.S. Commodity and Future Trading Commission (CFTC) has filed a case against an autonomous decentralized organization (DAO) protocol, bZeroX, and its founders, Tom Bean and Kyle Kistner, for opera...

CFTC Is Suing a DAO. Here’s Why DeFi Users Should Be Alarmed

Key Takeaways The CFTC has filed a lawsuit against the decentralized autonomous organization behind the Ooki Protocol, Ooki DAO, for allegedly running an illegal derivatives trading platform. The laws...

CFTC Files First Lawsuit Against DAO

The Commodity Futures Trading Commission (CFTC) has filed its first lawsuit against a decentralized autonomous organization (DAO). The holders of governance tokens have also been sued alongside the ac...

Tribe DAO Proposes Repayment For Victims Of Rari’s $80 Million Attack

Following an April hack attack that affected many Tribe users, the Tribe DAO community has proposed compensation. The tribe is a decentralized autonomous organization (DAO) that controls three project...

CFTC levies $250K fine on bZeroX, charges Ooki DAO for regulatory violations

The Commodity Futures Trading Commission (CFTC) imposed a $250,000 fine against bZeroX, a blockchain trading protocol, and its two founders. Simultaneously, the CTFC filed a federal civil enforcement ...

CFTC Pursues First Case Against a DAO

bZeroX’s protocol facilitated unlawful margined and leveraged retail commodity transactions on its platform between 2019 and 2021, the CFTC said Thursday Its DAO was operating without having first reg...

Ryan Breslow’s ‘truth seeking’ healthcare DAO releases its litepaper: Exclusive

Ryan Breslow, the co-founder of U.S. fintech Bolt, has released more details of his ambitious bid to upend the $1.4 trillion pharmaceutical industry — with a promise to “unlock the power and mom...

Tribe DAO votes in favor of repaying victims of $80M Rari hack

After months of uncertainty, the Tribe DAO has passed a vote to repay affected users of the $80 million exploit on decentralized finance (DeFi) platform Rari Capital’s liquidity pools. Following sever...