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
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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
Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) … Read more
Pro sports league Karate Combat to launch DAO for fan, athlete governance
Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. Go to Source Powered by WPeMatico
Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined
A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy. Go to Source Powered by WPeMatico
Panda DAO says it will dissolve and return investor’s assets due to internal strife
“Too much time in governance, too little time in development, too many voices in price. Too tired and refund it all,” a core team member wrote. Go to Source Powered by WPeMatico
DAOs will never work without fixing governance
Decentralized autonomous organizations have too many attack vectors that affect important projects. That needs to change for them to become practical governance models. Go to Source Powered by WPeMatico
