Australian senator Andrew Bragg has laid down a proposed regulatory framework for the crypto industry. He announced the legislative proposal titled Digital Services Act (DSA) at the Australian blockchain week conference currently online. The comprehensive proposal touches on almost every aspect of the crypto industry. Senator Bragg calls for laws to protect crypto customers At…
He’s the DAO hacker, doxxed in new book
There are hacks and there are hacks, some are quickly forgotten even though much money was stolen, others stay in the collective memory of the crypto space for a very long time, gaining almost mythical status. The Mt Gox and The DAO hacks are definitely of the latter kind. In a brand new book, and…
DAO 101: Everything you need to know about decentralized autonomous organizations
While the crypto industry never had a shortage of innovation, it’s safe to say that the past couple of years has been turbocharged. Beginning with the DeFi summer, the industry has seen an unprecedented pace of growth that culminated last November when the market reached its peak. To read the rest of this article, sign…
Build Finance DAO hostile takeover, treasury drained
In what seemed to be a hostile takeover of the governance of the Build Finance DAO, the attacker was able to drain the funds of the DAO. But calling this incident an attack is a matter of definition; the attacker, while obviously not playing along the intents and purposes of the DAO, did not break…
LinksDAO just raised $10.5 million and is looking to decentralize the golfing experience
LinksDAO, a decentralized autonomous organization founded by Mike Dudas, has sold out its debut collection of NFTs raising $10.5 million. The funds, according to Dudas, will be used to shake things up in the real world by reimagining the country club. The goal of the DAO is to buy a Top 100-caliber golf course in…
Gas DAO drops GAS tokens, becomes gas guzzler of the day
Gas fees, the fees users pay to transact and to use applications on the Ethereum blockchain, has been on the rise for quite some time, both in monetary terms and in terms of the ire of the users. However a sign of the popularity of the second-largest blockchain by market cap, few enjoy paying the…
DeFilm streaming: A new DAO is looking to buy Blockbuster and revive the iconic brand
A new decentralized autonomous organization called BlockbusterDAO is looking to revive the iconic Blockbuster brand and bring it into the Web3 era. The popularity the brand still enjoys in the US makes it a perfect foundation to revolutionize the decision-making and financing of the film and TV industries, BlockbusterDAO said. An ambitious plan to bring…
Facebook’s Meta plans on exploring NFTs and DAOs in 2022
Facebook’s parent company Meta is reportedly looking to achieve “deep compatibility” with blockchain technology, a New York Times report revealed this week. In a note to employees, Meta’s new CTO Andrew Bosworth laid out a vision for the social network to adopt and work with various blockchain and crypto technologies. Facebook’s parent company is jumping…
Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge
Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming. November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network….