The VC firms sued in a California case were active in DAO management, much like general partners, said the court. They could face hefty lawsuits.
DAO news
How DeFi can address the challenges posed by centralized market makers in the crypto market by promoting fairness and transparency.
The decentralized science DAO supports healthcare efforts that might otherwise not attract sufficient funding and gives stakeholders a say in their management.
Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe.
Rune Christensen proposes a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.
The newly launched Society DAO aims to address a wide range of issues related to decentralization and fair access to capital in the TON ecosystem.
Cardano Foundation chief technology officer Giorgio Zinetti told Cointelegraph that centralized authority is good for speed, but decentralized governance would give long-term sustainability.
Chainalysis faces a $650 million defamation lawsuit, the EU’s ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin.
The drama around Mango Labs just never seems to stop. Its problems are with its own members, too.