decentralized autonomous organization – DIGIT INFO

Mango Labs sues DAO members for alleged embezzlement scheme

DIGIT — Thu, 10 Oct 2024 17:11:06 +0000

The drama around Mango Labs just never seems to stop. Its problems are with its own members, too.

Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments

DIGIT — Wed, 21 Aug 2024 05:30:10 +0000

Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling underscores the rule of law in Web3 operations and sets a significant legal precedent. The Mantra Chain Case A Hong Kong lawmaker, Johnny […]

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DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom

DIGIT — Mon, 25 Mar 2024 18:15:53 +0000

Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1, 2023, the collective value of DAO treasuries has expanded by more than $20 billion across a period […]

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Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs

DIGIT — Sat, 09 Mar 2024 01:45:36 +0000

The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous organizations under existing financial laws. The enactment of this law is also viewed as an effort to attract blockchain firms to Wyoming. New Law Reinforces Wyoming Crypto-Friendly Reputation Mark Gordon, the Republican governor of Wyoming, […]

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AI to reinvent DAOs while tokenized models will become valuable: VC firm

DIGIT — Wed, 06 Sep 2023 06:15:03 +0000

Framework Ventures co-founder Vance Spencer sees AI as being the missing piece for DAOs and shared his outlook for the tokenization of AI models.

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DAO treasuries top $25 billion for the first time: DeepDAO

DIGIT — Fri, 31 Mar 2023 03:13:46 +0000

Assets held in DAO treasuries have more than doubled since the beginning of 2023, according to DeepDAO.

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Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop

DIGIT — Sat, 25 Mar 2023 17:30:18 +0000

Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury holds 3.52 million or 35.27% of the airdropped supply. Over the […]

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ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset

DIGIT — Thu, 23 Mar 2023 07:50:02 +0000

A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and when people get their coins on exchanges, the token’s value may turn […]

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Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model

DIGIT — Fri, 17 Mar 2023 05:30:11 +0000

The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company behind Arbitrum), Offchain Labs investors, […]

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LinksDAO likely to put in ‘compelling offer’ to buy Scottish golf course

DIGIT — Wed, 22 Feb 2023 05:43:17 +0000

If the final tally remains in favor of the purchase, the LinksDAO acquisition committee will officially put out a “compelling offer” to purchase the golf course.

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