PhoenixDAO’s Community Governed DAO Platform Has Launched. What Makes It Unique?

Community governance can make DAO projects some of the most lucrative investment opportunities. Collective governance allows for decisions to be made in a well-organized manner and facilitates peaceful resolutions to issues. In contrast, centralized governance often concentrates power in the hands of miners and core developers who sometimes monopolize for their own benefit. As a… Continue reading PhoenixDAO’s Community Governed DAO Platform Has Launched. What Makes It Unique?

DAO Maker crowdfunding platform loses $7M in latest DeFi exploit

Hackers have stolen funds out of more than 5,000 user accounts with crowdfunding platform DAO Maker, a site aimed at raising money for crypto projects. According to a report from DAO Maker CEO Christoph Zaknun, hackers were able to remove roughly $7 million in USD Coin (USDC) from 5,251 user accounts at approximately 1:00 am… Continue reading DAO Maker crowdfunding platform loses $7M in latest DeFi exploit

DAO Maker Suffers $7 Million Exploit

Key Takeaways DAO Maker was exploited today. An attacker stole $7 million after discovering a smart contract vulnerability. The attacker converted the loot to 2,261.45 ETH to prevent funds from getting blacklisted. The DAO token has plummeted 15% following the incident. Crypto launchpad DAO Maker was exploited for $7 million worth of USDC today.  DAO… Continue reading DAO Maker Suffers $7 Million Exploit

New DAO launches after $230M funding round including Peter Thiel, Alan Howard

BitDAO, a new decentralized autonomous organization, is launching after a $230 million funding round led by billionaire venture capitalist Peter Thiel. BitDAO announced its DAO launch on Tuesday in conjunction with completing a private sale from initial partners led by Thiel, Pantera Capital, Dragonfly Capital and Founders Fund. Other investors included billionaire hedge fund manager… Continue reading New DAO launches after $230M funding round including Peter Thiel, Alan Howard

DAO Weekly Recap Sunday March 7th

After another busy week for everyone on the DAO Maker team, we would like to summarize all the developments in a weekly summary! Find out what happened and stay tuned!  DAO Maker Narratives: $YIELD Token Successfully Listed! Aluna Social: SHO Merit Round Started! HAPI: SHO Announced and Community Round Started! Dafi Protocol: SHO Announced and… Continue reading DAO Weekly Recap Sunday March 7th

xSigma Prepares to Launch Its Stablecoin DEX With Major Backers – Press release Bitcoin News

PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs. The project is gearing up for its public launch, when early adopters will have the opportunity to earn rewards for providing liquidity and… Continue reading xSigma Prepares to Launch Its Stablecoin DEX With Major Backers – Press release Bitcoin News

MANTRA DAO Hosts One Million OM Incentive for DOT and KSM Stakers

Decentralized Autonomous Organizations (DAOs) are platforms entirely run by the community, something MANTRA DAO is transitioning to with its continued release of OM governance tokens. To further decentralize the network, MANTRA DAO will be incentivizing stakers in the Polkadot economy with one million OM, with half going to DOT nominators and the other half going… Continue reading MANTRA DAO Hosts One Million OM Incentive for DOT and KSM Stakers

DAO Maker’s New Token Finds a Home

For years, DAO Maker has been a force within the blockchain and cryptocurrency industry, providing insights and software for some of the biggest names in the space. These include the LTO Network, Elrond Network, Harmony Protocol, and the Orion Protocol amongst their projects.  Now, DAO Maker is taking a new direction in their business model,… Continue reading DAO Maker’s New Token Finds a Home

xSigma Announces Its ETF-Like Decentralized Fund and Platform – Press release Bitcoin News

PRESS RELEASE. ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN“, “ZK International” or the “Company”), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, is pleased to announce its ETF-like decentralized fund and platform, which is the second DeFi project in… Continue reading xSigma Announces Its ETF-Like Decentralized Fund and Platform – Press release Bitcoin News

xSigma Announces Its ETF-Like Decentralized Fund and Platform – Press release Bitcoin News

PRESS RELEASE. ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN“, “ZK International” or the “Company”), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, is pleased to announce its ETF-like decentralized fund and platform, which is the second DeFi project in… Continue reading xSigma Announces Its ETF-Like Decentralized Fund and Platform – Press release Bitcoin News

A new DAO wants to bring sanity to the tipsy world of DeFi

PrimeDAO, a decentralized prime broker, hopes to bring stability to the wild world of DeFi. To learn more about this new initiative, we interviewed one of PrimeDAO’s members, Alon Goren — a co-founder of the Draper Goren Holm venture fund. He said that as an investor he is very excited about the explosion of the… Continue reading A new DAO wants to bring sanity to the tipsy world of DeFi

Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway

On Thursday, an anonymous DeFi user deployed Curve Finance’s Decentralized Autonomous Organization (DAO) and token smart contracts without the team’s permission, but the Curve team is adopting it anyway. Since launching, the token contract already has roughly 3,500 active addresses and has seen some 31,000 transactions. Following the deployment, Curve Finance tweeted it had “no… Continue reading Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway

MakerDAO’s First Debt Auction of MKR Tokens Is Successfully Underway

MakerDAO hopes to fill the multi-million dollar gap in the collateral backing its DAI stablecoin following last week’s Ethereum market volatility, as Cointelegraph reported. Today the organization successfully launched its first debt auction to that end. The first lot became available at 10:38 EST on March 19, and just over one hour into the auction,… Continue reading MakerDAO’s First Debt Auction of MKR Tokens Is Successfully Underway

Will Ethereum Classic Fail?

Ethereum classic, if you didn’t already know, is a result of the hard-fork that Ethereum conducted July 20, 2016. The hard-fork happened due to issues relating to the DAO hack. Now that there are two chains where Ethereum classic is plagued by the occasional replay attacks and similar issues,but the question is will Ethereum classic survive on… Continue reading Will Ethereum Classic Fail?

The DAO Hack

There has been an attack on the DAO! The attacker is currently siphoning the Ether in the DAO into a “child DAO”. Simply put, this person saw a weakness in the platform and exploited it thereby emptying about 40 million dollars worth of Ether. The hack was aimed at the re-entrancy problem in the Split DAO… Continue reading The DAO Hack

Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months

Decentralized autonomous organization (DAO) Maker will launch a new type of Dai (DAI) stablecoin today. Known as Multi-Collateral Dai (MCD), the new type of the DAI will be backed by several types of collateral in contrast to the existing Single-Collateral Dai (SCD), which will now be called Sai (SAI).  While Maker previously announced the new… Continue reading Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months

StableCoins by Platinum Q DAO Engineering (QDAO Governance token v1.0/QDAO) – ICO rating and details

Platinum Q DAO Engineering has developed a family of fully decentralized Stable Coins. There are 2 types of tokens: collateral for Bitcoin which are pegged to national currencies (USDQ coin, second KRWQ coin, and CNYQ and JPYQ will be soon ), and governance Q DAO coin to pay fees. There are also 2 ways of… Continue reading StableCoins by Platinum Q DAO Engineering (QDAO Governance token v1.0/QDAO) – ICO rating and details

The Startup Behind Ethereum's Infamous DAO Has Been Acquired

Blockchains.com, a blockchain incubation and investment firm, announced today the acquisition of slock.it, a German company with roots in the original development of ethereum. Blockchains was primarily interested in slock.it’s Incubed project which enables human and machines secure participation in the economy of things through the ethereum blockchain. The merger will allow both companies to… Continue reading The Startup Behind Ethereum's Infamous DAO Has Been Acquired

Vitalik Buterin, Joseph Lubin Each Donate 1,000 Ether to Moloch DAO

Ethereum founders Joseph Lubin and Vitalik Buterin and their respective organizations ConsenSys and the Ethereum Foundation are each donating 1,000 ether (ETH) to the Moloch decentralized autonomous organization (DAO). This donation brings the organization’s total funds up to $1 million, a Cointelegraph correspondent learned at the Ethereal Summit on May 10. The stated objective of… Continue reading Vitalik Buterin, Joseph Lubin Each Donate 1,000 Ether to Moloch DAO

SEC: DAO Tokens are Securities, Subject to Federal Regulations

In a move that brings cryptocurrencies one step closer to official regulation, the U.S. Securities and Exchange Commission has declared DAO Tokens to be securities, and thus subject to federal securities laws. The SEC has also stated that issuers of ICOs must register and provide necessary disclosures. This declaration is in response to an investigation… Continue reading SEC: DAO Tokens are Securities, Subject to Federal Regulations

Aragon Wants You! (To Help Decentralize Its Governance Process)

Aragon wants to offer a neutral, decentralized digital jurisdiction for DAOs. As it stands, it appears plenty of folks are hungry to build organizations on Aragon’s stack, but there is less interest in participating in the governance of the network. If decentralization is to be achieved, that needs to change. On January 17, the Aragon… Continue reading Aragon Wants You! (To Help Decentralize Its Governance Process)

EOS Arbitrator’s Ruling Prompts More Debate About Decentralization

Yes, EOS is still a blockchain. But its leadership seems more interested in practicality than decentralization. The recent decision by an EOS arbitrator, Ben Gates, to intervene in a dispute over stolen keys calls into question whether EOS is on board with the fundamental tenets of blockchain technology. Last month, an EOS account owner claimed… Continue reading EOS Arbitrator’s Ruling Prompts More Debate About Decentralization

Ethereum Hard Fork

The DAO (Distributed Autonomous Organization) was supposed to be an innovative and exciting new organization. The first corporation with NO legal paperwork, where all shareholders have say equal to their share of the company decided by how many DAO tokens they held (think stocks). When the DAO was first released and offered their DAO tokens… Continue reading Ethereum Hard Fork