Ethereum's Future: Governance, DAOs, and Digital Identity

Exploring the future of Ethereum with a focus on governance, DAOs, and digital identity use cases. (Read More)

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Japanese Prime Minister reaffirms strong support for Web3 industry

Japanese Prime Minister Fumio Kishida said the country plans to become a leader in web3 innovation and reaffirmed the government’s strong support for the blockchain and crypto industry. Kishida made the remarks during his keynote address at the WebX2024 conference on Aug. 28. He also emphasized Japan’s proactive approach during the talk, noting that the country […]

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Curve founders $6.3 million funding request under fire for lacking clarity

Curve DAO members have raised concerns over a recent proposal by Curve Finance founder Michael Egorov, who has requested 21 million CRV tokens, valued at approximately $6.3 million, to support ongoing development efforts. The proposal has sparked debate within the community, with many calling for greater transparency and detailed information on how the funds will […]

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Hong Kong Lawmaker Pushes for DAO Regulations Amid $6B Legal Battle

Hong Kong lawmaker Johnny Ng has called on the city’s government to take a pivotal moment in moving forward with enhancing the Web3 investment landscape by sealing a legal framework for decentralized autonomous organizations (DAOs). According to the report, Ng’s suggestion comes after the landmark verdict of the High Court of Hong Kong which obliged […]

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Understanding DAOs: The Future of Decentralized Governance

Explore how Decentralized Autonomous Organizations (DAOs) utilize blockchain for transparent and democratic governance, supported by Sui's tools like zkLogin and Sponsored Transactions. (Read More)

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Hong Kong court orders financial disclosures in multi-million dollar MANTRA DAO case

The High Court of Hong Kong has ordered key figures involved in the MANTRA DAO project to disclose financial records in response to allegations of asset misappropriation and unauthorized control. The decision came in the ongoing legal battle between RioDeFi and MANTRA DAO over who owns the latter entity. The case, brought forth by RioDeFi […]

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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.

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UK Law Commission sets roadmap to identifying legal status of DAOs

The UK Law Commission has released a scoping paper addressing the potential legal characterization of Decentralized Autonomous Organizations (DAOs) in the country. DAOs are blockchain-based communities created for a shared goal, like investing in start-ups or purchasing a historical document like the Constitution. Market observers see these organizations as the future of corporate governance. Key […]

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Nomic and Osmosis waive BTC bridging fees in landmark DAO-to-DAO partnership

Following a successful DAO vote with 99.6% approval, Nomic, which offers a decentralized, non-custodial Bitcoin bridge to IBC-enabled chains like Osmosis, aims to enhance Bitcoin liquidity on the Osmosis platform. This proposal involves waiving Bitcoin bridging fees for transactions originating or terminating on Osmosis. In exchange, a portion of the taker fees from trading nBTC […]

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Web3 Governance: Studying Political Systems at Scale Using DAOs

Exploring how DAOs are used to study political institutions through large-scale experiments. (Read More)

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Why Swiss and Hong Kong crypto regulations will lead the DeFi revolution

The following is a guest post from James Davies, CEO of Crypto Valley Exchange. Regulators worldwide, international organizations, and market participants have published many consultation papers, recommendations, and opinions. The writers include groups like the Global Financial Markets Association, the Institute of International Finance, the International Swaps and Derivatives Association, the Futures Industry Association, the […]

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Hong Kong invites global opinions on web3 and virtual assets future

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks.

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Hong Kong invites global opinions on future of Web3 and digital assets

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal and regulatory frameworks.

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Lido proposes dual governance upgrade to empower stETH holders in decisions

Lido’s governance community is reviewing a new proposal to give staked Ethereum (stETH) holders more influence in protocol decisions. The May 8 proposal, dubbed Lido Improvement Proposal 28 (LIP-28), introduces a Dual Governance framework. Presently, only LDO token holders can vote on changes to the Lido protocol. This gives them complete control over decisions that […]

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World Liberty Financials USD1 stablecoin nearing airdrop as community vote aligns

World Liberty Financial (WLFI), the DeFi project partly owned by the Donald Trump family, has opened a community vote to decide whether to proceed with an airdrop of its new stablecoin, USD1. As of press time, 99.98% of voters backed the proposal, representing roughly 4 billion WLFI tokens. Only a small fraction, equating to 0.02% […]

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Bitcoin DeFi protocol Liquidiums rebrand and staking model propel LIQ token to new heights

Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking model tied to the platform revenue. The protocol’s native token LIQ has climbed over 73.3% since the proposal was approved earlier this week. It was trading at roughly $0.25 as of press time, based on CoinGecko data. Liquidium introduces staking On […]

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TRON DAO Adds Google Cloud as a Super Representative Candidate on the TRON Blockchain

Geneva, Switzerland, May 14th, 2024 TRON DAO today announced that Google Cloud has joined its roster of Super Representative candidates on the TRON blockchain. Super Representatives are responsible for producing blocks and packing transactions to help ensure blockchain governance on the TRON network.  This initiative builds on TRONs collaboration with Google Cloud to make […]

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User spends $10k to control $6.5M in votes on Arbitrum DAO, sparks governance concerns

A recent vote-buying incident within Arbitrum DAO has raised concerns about the viability of decentralized governance as investors exploit on-chain mechanisms to acquire influence through borrowed voting power. According to an April 8 report by crypto analyst Ignas, a user identified as hitmonlee.eth spent 5 Ethereum (ETH), approximately $10,000, to obtain 19.3 million ARB tokens’ […]

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SushiSwap proposes shift to Labs model in DAO shake up amid social drama

SushiSwap’s head chef, Jared Grey, said the ongoing controversy surrounding the protocol’s proposed transition to a Labs model is primarily driven by “former contributors who like to propagate endless FUD and misinformation.” The controversial proposal On March 26, a proposal titled Evolving SushiBur no Shinka was submitted to allow Sushi to adopt a Labs model […]

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Polkadot considers $160,000 bike branding proposal for Paris Olympics sponsorship

Polkadot’s governance forum is considering a $160,000 proposal to promote the network at the forthcoming Olympic Games in Paris through a fleet of branded bikes. The Olympic Games is the world’s foremost sports competition, occurring every four years and involving athletes worldwide. The last Olympic Games in Tokyo had over 3 billion viewers, and the […]

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