Multi-signature crypto wallets are the safest bet for DAOs
You can’t hang the fate of your decentralized autonomous organization (DAO) on a single point of failure if you want it to succeed. Go to Source Powered by WPeMatico
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SushiSwap to create three DAOs in Panama and Cayman in business restructuring
The proposal received 100% votes, establishing the DAO Foundation, the Panamanian Foundation, and the Panamanian Corporation. Go to Source Powered by WPeMatico
UNI tokens delegation was a “misunderstood situation” according to Binance’s CZ
CZ replied to users on Twitter about Binance’s becoming the second-largest voting entity in the Uniswap DAO. Go to Source Powered by WPeMatico
Binance delegates 13.2M UNI tokens, becoming Uniswap DAO’s second largest vote-holder
This move will allow Binance to propose governance votes, but is not enough to meet the quorum 4% requirement. Go to Source Powered by WPeMatico
ShapeShift moves closer to full decentralization with open-source mobile app
The organization transitioned to a DAO in July 2021 as part of a broader pledge to decentralize its operations. Go to Source Powered by WPeMatico
Shoppers in India can now order a sneaker in Metaverse for a week
Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world in the metaverse. Go to Source Powered by WPeMatico
Barely halfway and October already the biggest month in crypto hacks: Finance Redefined
Blockchain analytics firm Chainalysis has labeled October 2022 as “the biggest month in the biggest year ever for hacking activity.” Go to Source Powered by WPeMatico
TempleDAO exploit results in $2M loss
The hack was allegedly caused by “a missing onlyMigrator check.” Go to Source Powered by WPeMatico
DAOs are in era 3.0 thanks to an infrastructure renaissance: Report
There are over 4,000 active DAOs, with treasuries totaling around $20 billion, which has many speculating that DAOs may still be a growing trend. Go to Source Powered by WPeMatico
MakerDAO goes ahead with $500M investment in treasuries and bonds
$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield. Go to Source Powered by WPeMatico
