UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks. Go to Source
Month: July 2024
DWF Labs Partners With TrueFiDAO As $TRU Market Maker
In a significant move for the TrueFiDAO $TRU community, DWF Labs has been in continuous engagement with the platform, providing proposals and actively participating in community meetings. This collaboration has culminated in DWF Labs becoming the market maker for the $TRU token, a development expected to be officially announced in the coming days. The timeline … Read more
Investors Flee $BLAST, TVL Drops 24%, But Hedge Fund Sees Potential
Since its launch on June 26, $BLAST has seen a significant exodus of big investors, resulting in a near 24% drop in Total Value Locked (TVL). Address 0x663…268c4, linked to @General6316, recently redeemed 1,300 ETH from Blast, depositing it all into Binance, with a value of $4.06 million. This address began interacting with Blast eight … Read more
Staked ETH Hits Record High Amid ETF Speculation
Staked ETH has surged to an all-time high of 33.3 million ETH, accounting for 27.7% of the total supply, driven by growing anticipation of a U.S. ETF approval by July 26. This increase reflects heightened investor confidence in Ethereum’s future. STAKED ETH CLOSES IN ON ALL TIME HIGH Staked ETH has surged to a record … Read more
Bitcoin Whale And Shark Wallets Increase Amid Market Dip
Despite a market dip, Bitcoin whale and shark wallets are on the rise, while smaller traders sell off their holdings. In July alone, there has been a net increase of 261 wallets holding at least 10 BTC, signaling long-term bullish sentiment among larger investors. 🐳📈 Bitcoin whale and shark wallets are increasing in number while … Read more
SEC Ends Investigation Into Paxos: BUSD Declared Not A Security
The SEC has officially ended its investigation into Paxos, concluding that BUSD is not a security. Back in 2022, BUSD was a major player among stablecoins, boasting a market cap of about $23 billion. However, an investigation by the SEC led Binance to delist BUSD and remove it from all trading pairs. 🚨BREAKING: 🇺🇸 SEC … Read more
New bill suggests thwarting AI copycats, deepfakes with watermarks
A bipartisan group of senators has introduced a new bill aimed at tackling deep fakes, copyright infringement, and AI training on data it’s not supposed to. Go to Source
Unlock BlockDAG X1: Projected $200 Daily Gains by 2025 Amid Bitcoin and Hedera Market Shifts
Who’s Afraid of BlockDAG X1? Hedera and Bitcoin Cash Face New Challenges as $200 Daily Awaits by 2025 With the launch of BlockDAG’s X1 Miner App, your gateway to passive income is now fittingly in your pocket. This app, now downloadable from the Apple Store, operates on BlockDAG’s Development Network (Devnet), ensuring a secure environment … Read more
Kraken Becomes Official Crypto Partner of Spain’s Iconic Football Club Atlético de Madrid
Cryptocurrency exchange Kraken announced its partnership with Atlético de Madrid, one of Spain’s most iconic football clubs, on Wednesday. Starting with the 2024 season, Kraken will be the Official Crypto and Web3 Partner and the Official Sleeve Partner for all Atlético de Madrid men’s and women’s football shirts. This collaboration aims to merge the worlds … Read more
Moroccan AI Influencer Kenza Layli Wins Inaugural Miss AI Beauty Pageant
Kenza Layli, an artificial intelligence (AI) influencer from Morocco, has been crowned the world’s first Miss AI, defeating over 1,500 computer-generated models in a tough competition. Lalina Valina from France secured the second spot, while Olivia C from Portugal clinched third place. Layli, who reportedly does not experience emotions like humans, envisions fostering collaboration between … Read more