‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289. Go to Source
DAO
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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
How DePin Networks can decentralize law enforcement
Everything from radar arrays to acoustic networks that triangulate active shooters can be decentralized and community-owned. Go to Source
HectorDAO files for Chapter 15 bankruptcy in the US
The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses. Go to Source
Stablecoins to make up 10% of money in the next decade or so: Circle CEO
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before. Go to Source
Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets
South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews quarterly. The reputation of the issuers and user protection tools are among the factors related to virtual assets that … Read more
Remilia hacker moves $4.3M to Tornado Cash
On March 16, millions of dollars worth of non-fungible tokens and Ether was stolen from the Remilia DAO and transferred to an unknown wallet address. Go to Source
The Sandbox launches Sandbox DAO with 25M Sand Treasury
The new DAO will allow SAND and LAND owners to vote on platform projects, aiming to enhance transparency and community involvement. Go to Source
MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth
Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe. Go to Source
MakerDAO’s $MKR Faces Decline As Whales Make Moves
MakerDAO’s native token $MKR has experienced a 4% decline in the past 24 hours and a 6% drop over the course of the last 7 days, signaling a challenging period for the cryptocurrency. Recent on-chain reports reveal that MakerDAO Multisign 0xbba has deposited 421.985 MKR, equivalent to $1.29 million, to Wintermute Trading OTC at a … Read more
