Two large entities effectively decided the Sushi DAO vote to direct all fees generated by the SushiSwap decentralized exchange to the protocol’s treasury. The move will mean that sushi token hol...
Tag: DAO
Lido DAO Price Prediction Is The Popularity Of LDO Crypto Not Helping To Gain Momentum?
Lido Dao is one of the biggest staker of Ethereum and has seen a surge of popularity. Technical Indicators of LDO are not supporting the upside momentum. LDO/BTC pair has seen a fall of more than 0.53...
Ren DAO to plan on minting new funding tokens
Ren DAO, at present, is deliberating on whether to go in for the minting of fresh funding tokens following the collapse of Alameda. According to their belief and understanding, with the aid of these m...
BZeroX Founders Are No Longer Part of Ooki DAO, Lawyer Says
“In particular, as you no doubt recall, the settlement between our clients states (at page 14, Section 3(3)f): ‘Respondents shall cease all participation in the governance, operation, or a...
Ren DAO to vote on plan to mint new funding tokens after Alameda collapse
The Ren community, which oversees a DeFi protocol that issues wrapped crypto assets, is considering the minting of new tokens to raise capital after the collapse of Alameda Research left the project w...
Ethereum Name Service DAO Votes on Stewards for Three Working Groups
Each working group oversees different matters. The meta-governance working group is in charge of oversight and governance issues, while the ENS ecosystem working group supports members and their issue...
Compound DAO faces class action lawsuit for allegedly selling unlicensed securities
A new lawsuit claims that investors experienced damages after purchasing COMP tokens. Compound DAO is suspected of selling unlicensed securities. Eight defendants named in the lawsuit The San Francisc...
SushiSwap Head Chef discloses $5.2M budget for DAO operation in 2023
SushiSwap Head Chef Jared Grey has disclosed that the DAO will spend about $5.2 million for its operating costs in 2023, with over 80% of the budget going to salaries. Grey said he was making SushiSwa...
SushiSwap DAO Budgets $5.2M, With 82% Going to Salaries
SushiSwap DAO CEO Jared Grey has disclosed the operation’s Budget Snapshot for 2023, with more than $5.2 million slotted to maintain the decentralized exchange (DEX) next year. The platform, stewarded...
Compound DAO sued by plaintiffs who held only $100 in COMP tokens
Three complainants. $100. A possible class action. Compound DAO is among eight defendants listed in a case brought by three complainants who claim they suffered damages after buying COMP tokens,...
The Market Bounces Back; Curve DAO Token Soars By 8.09%
Crypto Prices Today: The market had seen several days of trading in red this week. Today morning we woke up to greenly painted charts as all the major crypto tokens have made a comeback. Curve DAO Tok...
The Bear Market Shrinks Sandbox and Lino DAO While BudBlockz Aims To Boost Return
The crypto market has been a war between the bull and the bear, with the bear dominating the entire marketplace. While most cryptocurrencies are yet to get out of it, investors fear losing their funds...
Judge orders CFTC to sue Ooki DAO founders
A United States federal judge has mandated the Commodities Futures Trading Commission (CFTC) to file a suit against the two founders of the bZeroX’s crypto project as part of an ongoing lawsuit agains...
Federal judge orders CFTC to serve Ooki DAO founders
A federal judge ordered the Commodities Future Trading Commission (CFTC) to serve the decentralized trading platform bZeroX’s founders Tom Bean and Kyle Kistner as part of an ongoing lawsuit aga...
Judge Directs CFTC To Sue Ooki DAO Creators
An early complaint was served on the DAO using a support chat box; however, a federal court later ruled that the regulator “shall serve at least one identified Token Holder.” A lawsuit aga...
Judge orders CFTC to serve Ooki DAO founders with lawsuit
A United States federal judge has ordered the Commodities Future Trading Commission (CFTC) to serve its lawsuit to the two original founders of the Ooki decentralized autonomous organization (DAO). On...
US Judge in Ooki DAO Trial Orders CFTC to Serve Original Founders With Lawsuit
“At the hearing, the CFTC asserted it knew that some of Ooki DAO’s Token Holders reside and conduct business in the United States because the two founders of Ooki DAO’s predecessor entity, bZero...
Snowfall Protocol Stands Out With Its Presale Success While Curve Dao And Hedera Fail To Gain Traction
The crypto market is no stranger to volatility. In the past year, we’ve seen prices skyrocket and then come crashing down. While this can be frustrating for investors, it also presents opportunities ...
ENS DAO voting to elect stewards to helm three working groups
Members of ENS DAO, the decentralized community for the Ethereum Name Service Project, are currently voting to elect people who will lead smaller groups within the DAO from next year. The ENS DA...
Oryen Network Predicted To Be Ahead of PancakeSwap and Lido DAO In Terms of Staking Rewards
Join Our Telegram channel to stay up to date on breaking news coverage Oryen, a cryptocurrency project still in its ICO, has already achieved prominence among 2022’s top cryptocurrencies and altcoins ...
CRV Price Analysis: Bearish wave sweeps up the Curve DAO Token market
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Here’s What Investors Need To Know About SmarterWorx, Lido DAO, And STEPN
While scouting for good projects to invest in, investors ought to look out for projects with real-world applications and solve decentralization challenges. These projects normally rise to face fast as...
Bancor DAO mulls proposal for self-arbitrage bot to cover $26 million deficit
Bancor DAO, the decentralized community that oversees the Bancor DEX, is considering a proposal to create a self-arbitrage bot to profit off opportunities on its own protocol in an attempt to reduce t...
Nouns DAO $123K donation to ZachXBT blocked, vote to be repeated
A Nouns DAO’s plan to donate 100 ETH ($123,000) to ZachXBT has unexpectedly been called off, after the on-chain proposal to do so was canceled. The identity of the person responsible for doing so is s...
Ethereum Co-Founder Revealed Future Plans with DAO Stablecoins
Ethereum co-founder, Vitalik Buterin expressed his excitement about the Ethereum application ecosystem. He shared a blog post on December 5th, 2022 and detailed the same. As a part of their future pla...
Nouns DAO to donate $123,000 to on-chain sleuth ZachXBT
The Nouns DAO community voted to donate 100 ETH ($123,000) to crypto on-chain sleuth ZachXBT as a retroactive reward for their efforts exposing cryptocurrency scammers. Thursday’s vote was based...
This DAO is donating 100ETH ($123k) to crypto sleuth ZachXBT
Nouns DAO will donate 100 ETH ($123,000) to ZachXBT to fund his investigative journalism, according to a Dec. 8 tweet. Nouns will donate 100 ETH ($123,000) to @zachxbt to fund their investigative jour...
CFTC and crypto lawyers duke it out over service in Ooki DAO case
How do you sue a DAO? The question has been at the heart of the case the Commodity Futures Trading Commission is bringing against Ooki DAO, a decentralized autonomous organization that the agency alle...
Waves to launch DAO governance framework with token airdrop next year
The team behind Waves is set to launch a DAO governance framework called Power Protocol that will provide the tools for new or existing DAOs to manage their decentralized organizations. Power Pr...
Oryen Network Expected To Take Significant Market Shares from Maker and Lido DAO
Oryen is a revolutionary DeFi protocol that is getting the attention of investors and market spectators alike. With its incredible wealth-generating capabilities, it is expected to take significant ma...