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DAO, Decentralized Autonomous Organization News

February 22, 7:15 pm

Gauntlet Will End Contract With AAVE DAO
Aave, the popular decentralized lending platform belonging to the company now known as Avara, will have to look for a new company to provide risk management services following its recently announced split with Gauntlet. The decision was announced by Gauntlet co-founder John Morrow on the AAVE forums yesterday evening. Running The Gauntlet According to Morrow, the relationship between his company and the Aave DAO that oversees the protocol has become strained due to inconsistent guidelines and unwritten requests and objectives by the largest DAO stakeholders. Gauntlet has already started looking for companies that can replace their services and has stated that they are open to working together with Aave/Avara again in the future. With that being said, current circumstances have led Gauntlet to the decision to part ways. “We’re proud of our work […]. Almost everyone on our 60-person team has contributed to Aave or worked on the infrastructure supporting it. It is because of all this that it pains us to say that Gauntlet is no longer able to continue our work with Aave. We will be terminating our payment stream as soon as possible and working with other contributors to find a replacement for the Risk Steward.” Morrow cited incidents such as the AIP-371 fiasc... read More

February 17, 4:29 pm

Mercure DAO Raises $1.5M to Lead the Revolution in Web3 Incubation
[PRESS RELEASE - London, UK, February 17th, 2024] A Gateway to the Build the Future of Blockchain In a landscape where innovation meets expertise, MercureDAO emerges as the leading Web3 Incubator, standing ready to guide crypto projects towards success in this dynamic arena. Key Achievements: 30+ Project Incubated Helped to raise $20 Million 600+ ... read More

January 16, 1:12 pm

Injective (INJ) and Lido DAO (LDO) Reach New Price Mark as Everlodge (EL...
There has been significant bullish momentum for Injective (INJ) and Lido DAO (LDO) as both tokens gain new price heights. Meanwhile, Everlodge (ELDG) has continued to see an influx of new investors, having entered the 9th presale stage. New Presale Phase for Everlodge (ELDG) Sees More Investors After a successful 2023, Everlodge (ELDG) has started... read More

January 10, 7:00 pm

1inch DAO Makes DeFi History, Votes To Onboard Legal Counsel
In a historic move that sets a precedent for decentralized autonomous organizations (DAOs), 1inch DAO, the entity behind the 1inch Network, has voted to secure 'legal advisory services' from STORM Partners. Notably, this decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors. 1inch DAO Votes To Onboar... read More

January 05, 12:00 am

Analyst Predicts 76% Lido DAO Rally If This Ascending Triangle Break Hap...
An analyst has explained that Lido DAO (LDO) could rally toward a new all-time high of $6 if a sustained breakout above this pattern occurs. Lido DAO Has Been Forming An Ascending Triangle Recently In a new post on X, analyst Ali discussed an Ascending Triangle that has been taking shape in Lido DAO's weekly price chart. An 'Ascending Triangle' is ... read More

December 09, 8:00 pm

What Is A DAO
Decentralized Autonomous Organizations (DAOs) represent a revolutionary concept in the blockchain and crypto world, reshaping how we think about governance and collaborative decision-making. This article dives deep into the world of DAOs, providing a comprehensive understanding of ‘What is a DAO’, their meaning, mechanics, and significa... read More

November 15, 2:00 pm

Lido DAO (LDO) New All-Time High? One Analyst's Perfect Setup To $37
Lido DAO has grown over the years to become the leading liquid staking protocol on the Ethereum network and its native LDO token has enjoyed tremendous success on the back of this. The protocol’s continuous growth has been purported to be what will push LDO to new all-time highs and one crypto analyst has revealed how high the token’s p... read More

November 07, 6:48 am

Arbitrum DAO Passes Proposal to Allow ARB Token Staking
The decentralized autonomous organization (DAO) of Ethereum-based layer-2 scaling solution Arbitrum has passed a proposal enabling users to stake the network’s native token, ARB, in exchange for rewards. The proposal was released on October 30, and voting was concluded on November 6, with 66% of ARB holders voting in favor of the proposal and... read More

November 01, 5:30 am

Blockchain Governance — A Look at the Top 5 DAO Treasuries in 2023
Over seven years ago, on April 30, 2016, the first decentralized autonomous organization (DAO) emerged, marking a significant shift in the digital world. However, just three months later, a cyberattack brought it down, leading to its unfortunate collapse. Today, the landscape has transformed dramatically, with numerous DAOs thriving, and 179 treasu... read More

October 18, 4:24 am

Lido DAO Votes to Sunset the Lido on Solana Project
The Lido on Solana project will wind down following the inability of the P2P team to sustain the project due to financial constraints. According to the team, the sunsetting of the project will happen over the coming months, with stSOL token holders given until February 2024 to unstake through the Lido on the Solana frontend. Lido Discontinues Liqui... read More

September 29, 10:30 am

CRV Price Surges 16% – What's The Next Move For Curve DAO Token?
Curve Finance's native token, CRV, has recently experienced a notable uptick in value, driven by a sudden surge in whale accumulation. As the decentralized finance (DeFi) platform's token rebounds from its November 2022 low of $0.4, crypto enthusiasts are left wondering whether this momentum is sufficient to initiate a sustained bullish trend for C... read More

September 25, 12:40 pm

69 Million ARB Tokens Transferred to Arbitrum DAO Treasury from Unclaime...
A stash of 69.5 million unclaimed Aribtrum (ARB) tokens has been moved to the Arbitrum DAO Treasury. The decision was made by the DAO to transfer the unclaimed tokens - worth around $57 million - to its Treasury instead of letting them remain locked indefinitely as part of the Arbitrum Improvement Proposal AIP-7. Arbitrum Deadline Concludes The Arb... read More

August 19, 6:30 pm

US Court Classifies Tornado Cash as 'Person' in Verdict Echoing Ooki DAO...
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.' This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner.U.S. Judiciary Designates Tornado Cash as 'Person' in OFAC Case In a legal face-off with the ... read More

August 17, 9:37 am

TRON DAO Ventures Invests $2 Million in CRV and Curve to Launch on TRON ...
[PRESS RELEASE - Geneva, Switzerland, August 17th, 2023] TRON DAO Ventures, the investment arm of TRON DAO, has recently bought $2 million worth of CRV tokens. As part of this strategic partnership, Curve will launch on both the TRON and the BTTC networks. Curve is a decentralized exchange acclaimed for its automated market makers (AMMs) tailored f... read More

August 16, 6:00 pm

Shiba Inu DAO Gets Serious With New Advisory And Investment Firm
Shiba Inu, an Ethereum-based cryptocurrency, is bolstering its commitment to driving its ambitious goals in the crypto industry by appointing a new tech advisor. The move will see Alpha Transform Holdings (ATH) providing expertise and advice to the Shiba Inu DAO Foundation.  Strategic Partnership with Alpha Transform Holdings In a Twitter post... read More

August 11, 7:00 pm

Will Curve DAO (CRV) Recover? Here's What On-Chain Data Says
Curve DAO (CRV) has continued to decline recently. Here's what on-chain data says regarding if a rebound is probable for the coin anytime soon. What Curve DAO Metrics Hint At Regarding Futures Price Action In a new insight post, the on-chain analytics firm Santiment has recently discussed how the underlying metrics related to CRV have looked. The f... read More

August 11, 2:00 am

Curve DAO Scores $5 Million Boost From Binance, Eyes BNB Chain Expansion
In a strategic move to bolster the decentralized finance (DeFi) sector, Binance Labs, the venture capital and incubation arm of Binance, has committed a substantial $5 million investment in Curve DAO Token (CRV).  The Ethereum-based CRV token is the backbone of the Curve ecosystem, which has established itself as the largest stable swap and se... read More

August 08, 4:05 pm

Is Curve DAO (CRV) Price On Track To Reach Or Exceed $1 This Month?
Curve DAO (CRV) encountered notable obstacles in reestablishing its market equilibrium subsequent to a recent breach in its network security. After a network intrusion that jeopardized a portion of Curve DAO's (CRV) smart contracts and caused a monetary setback of $50 million, the value plummeted drastically. This occurrence prompted numerous inve... read More

August 02, 8:15 am

Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic S...
Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an unfortunate security breach occurred over the weekend, causing a significant decrease in both the total funds entrusted to Curve and the value of its native token, CRV, which serves as a means of tra... read More

July 28, 9:45 am

Ethereum Price Will Skyrocket Due To AI-Driven DAO Revolution: Arthur Ha...
In a thought-provoking blog post titled 'Moai,' Arthur Hayes, co-founder of the renowned crypto exchange BitMEX, delves into the potential impact of Artificial Intelligence (AI) on the future of economic organization and the role of Ethereum. Hayes argues that the rise of AI-driven Decentralized Autonomous Organizations (DAOs) will revolutionize th... read More

June 11, 6:00 pm

Notions of DAO Immunity Sink as CFTC Lawsuit Declares Ooki DAO a 'Person...
On June 9, 2023, the Commodity Futures Trading Commission (CFTC) declared victory in a lawsuit against Ooki DAO, a decentralized autonomous organization. According to the CFTC, the judge's ruling that the Ooki DAO is a 'person' under the Commodity Exchange Act sets a new legal precedent. This decision could be quite significant as it's the first ru... read More

June 07, 8:39 am

TRON DAO Honors Top HackaTRON Qualifiers for Completing Blockchain Deplo...
[PRESS RELEASE - Geneva, Switzerland, June 7th, 2023] Just over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition. A portion of the prize pool, 500,000 USDD, was shared among the top projects. The final milestone payment is currently being processed for judge-selected qualifiers, conting... read More

June 04, 8:48 am

Lido DAO (LDO) Soars 17% Weekly, Bitcoin (BTC) Maintains $27K (Weekend W...
Bitcoin has remained stuck during the weekend amid the lower trading volumes but still stands above $27,000. The altcoins are also quiet on a daily scale, but several - such as LDO, INJ, and QNT, have produced massive weekly gains. BTC Flat at $27K It was less than a week ago, on Monday when the primary cryptocurrency initiated a massive leg-up tha... read More

May 20, 3:30 pm

DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% In...
According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February 19, 2023, the treasuries dwindled to $8.8 billion. However, during the past 90 days, there has been a significant surge, with the funds held by DAO treasuries increasing by 144% t... read More

May 16, 8:51 am

TRON DAO Announces Results of HackaTRON Season 4
[PRESS RELEASE - Geneva, Switzerland, May 16th, 2023] The TRON DAO team, community representatives of the TRON blockchain platform, revealed the results for the fourth season of their popular HackaTRON competition. 500,000 USDD, a TRON-based decentralized, overcollateralized, multi-chain stablecoin, will be shared among the top projects. Judge-sele... read More

May 02, 10:11 am

The Elon Musk Effect: Cult DAO (CULT) Spikes 70% Following Tesla's CEO T...
CULT - the native token of the blockchain project Cult DAO - soared by over 70% shortly after Elon Musk dropped a mysterious tweet containing the same name. The CEO of Twitter, Tesla, and SpaceX is known as one of the most influential individuals in the world of crypto. His previous comments have caused price swings in other digital assets in the p... read More

April 19, 1:12 pm

DeFi Platform JustLend DAO Unveils Staked TRX and Energy Rental Features
[PRESS RELEASE - Singapore, Singapore, April 19th, 2023] JustLend DAO has announced the launch of two new features – 'Staked TRX' and 'Energy Rental,” aimed at providing users with more flexible and streamlined options while reducing energy rental costs. This major upgrade, released on April 16, expands the reach of JustLend DAO’s... read More

April 14, 3:46 pm

Stablecoins Worth $600k From 2021 DAO Maker Hack Sent Via Tornado Cash
Tornado Cash has, once again, found itself as the nexus of pilfered funds from a DeFi protocol. An Ethereum wallet address associated with the exploiter of the DAO Maker breach from 2021 sent $600,000 worth of DAI stablecoin through the controversial coin mixer. According to the blockchain security firm, PeckShield, the wallet had been dormant for... read More

April 12, 8:06 am

Ash Environmental DAO Announces Ash Token Sale to Champion Social Good
[PRESS RELEASE - Potomac Falls, United States, April 11th, 2023] Ash Environmental DAO has announced the dates of its token sale. The event will run from April 17 to May 7, giving participants the chance to purchase the Ash token and become part of a global ecosystem committed to funding high-impact innovations to address real-world challenges. The... read More

March 24, 2:09 pm

Onyx DAO and ApeSwap Celebrate Arbitrum Airdrop with ARB Liquidity Farms...
[PRESS RELEASE - Please Read Disclaimer] This past week has been full of excitement in the DeFi space; we’ve seen a mini market rally, ApeSwap and Onyx DAO both launch on Arbitrum, and most exciting of all, Arbitrum finally announced their fabled $ARB token airdrop. Current estimations are that over $1 billion USD worth of $ARB will be airdro... read More

March 23, 11:30 am

Sushi DAO to Set up Defense Legal Defense Fund; Project Receives Unspeci...
Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to defend itself from legal actions against the organization and its members. The organization disclosed i... read More

March 17, 5:30 am

Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Gov...
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), Off... read More

February 14, 11:26 am

Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focus...
[PRESS RELEASE - Abu Dhabi, Abu Dhabi, 13th February 2023] Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a partnership with DAO Maker, a leading blockchain growth solutions provider known for their Launchpad, to incubate promising Web3 startups focused on delivering real-world use cases... read More

February 13, 5:10 pm

DeFi Could Face Challenges Due to SEC's Crackdown on Crypto Staking: Lid...
Jacob Blish, the head of business development at Lido DAO, the decentralized autonomous organization behind the largest liquid staking protocol, believes the recent SEC crackdown on crypto staking services could cause new challenges for decentralized finance (DeFi). According to a Bloomberg report, Blish opined that the state of crypto staking in t... read More

February 09, 9:08 am

TRON DAO Establishes Artificial Intelligence Development Fund
[PRESS RELEASE - Geneva, Switzerland, 8th February 2023] TRON DAO is encouraging the blending of artificial intelligence technology with blockchain technology, announcing last week the establishment of a $100M USD Artificial Intelligence Development Fund. Four areas of focus have been initially identified: A.I. Service Payment Platform, A.I. Infuse... read More

January 27, 11:28 am

FLOKI Soars 15% After DAO Proposal to Burn $55M in Floki Inu Tokens
Floki Inu developers contemplate burning nearly 5 trillion FLOKI tokens (worth almost $55 million) to reduce the tax applied on each transaction. FLOKI's price reacted positively, surging 15% in a few hours. The team behind the popular memecoin Floki Inu might burn its bridge tokens (4.97 trillion assets) and thus shrink the tax levied on eac... read More

January 20, 12:41 am

SSV Network DAO Launches $50 Million Ecosystem Fund 
Open source and decentralized protocol DAO has launched a $50 million Ecosystem Fund dedicated to supporting the development of Distributed Validator Technology ('DVT') based applications. According to a press release shared with CryptoPotato, the project secured the funds from various industry investors, including DCG, OKX, HashKey, NG... read More

January 10, 8:00 pm

Lido DAO (LDO) Token Outperforms Market With 62% Weekly Gains
The crypto market is still highly unpredictable and volatile in January 2023. The market generally recorded a 0.3% decrease in the last 24 hours. But as most of the assets falter, some tokens record exponential gains. LDO, the governance token of the Lido DAO network, has increased in value in the past week. The token is up by 62.83% in weekly gain... read More

January 08, 8:40 am

Lido DAO Surges By More Than 57% in Just A Week – More Gains Up Ah...
Lido DAO (LDO), the native cryptocurrency of Lido Finance, significantly increased its total market capitalization which now stands at $1.25 billion. This no longer comes as a surprise as the crypto asset is in the midst of an incredible run that enabled it to post double-digit gains on its intraday, weekly, bi-weekly and monthly charts. At press t... read More

January 07, 9:43 am

Weekend Watch: Lido DAO Soars to 2-Month High, BTC Touched $17K
After failing to challenge $17,000 for several straight days, bitcoin finally touched that level, marking a multi-week high. The altcoins also turned green on Saturday, with impressive gains from Ethereum Classic and Lido DAO. Bitcoin Touches $17K The end of 2022 was quite calm for the primary cryptocurrency, and the first day of the new year didn'... read More

December 28, 8:33 am

TRON DAO Joins The Enterprise Ethereum Alliance
[PRESS RELEASE - Geneva, Switzerland, 27th December 2022] TRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps, today announced that it has joined the Enterprise Ethereum Alliance (EEA). As an EEA member, TRON DAO will collaborate with EEA and its members, the leading ... read More

December 20, 12:43 pm

TRON DAO Ventures to Empower Elite Blockchain Startups
[PRESS RELEASE - Geneva, Switzerland, 20th December 2022] TRON DAO Ventures (TDV) exists to discover elite startups, invest profoundly, optimize strategically, then exit at an empowering moment. The TRON DAO Ecosystem Fund intends to define decentralization, and TRON DAO recently announced the launch of TDV as part of that effort. TRON DAO has been... read More

November 23, 12:00 am

NFT Sale Starts on December 17th! NFT Sale Details of Entertainment DAO ...
PRESS RELEASE Financie Inc. pleased to announce that the 'SUPER SAPIENSS NFT' sales conducted by 'SUPER SAPIENSS', an entertainment DAO project active on FiNANCiE. About SUPER SAPIENSS 'SUPER SAPIENSS' is an unprecedented entertainment project that brings together three directors (Yukihiko Tsutsumi, Katsuyuki Motohiro, and Yui... read More

October 24, 11:00 am

SUPER SAPIENSS First Japanese Entertainment DAO Project 'Movie X Charact...
PRESS RELEASE. It is with much pleasure that Finance Inc announces the launch of its SUPER SAPIENSS NFT website, run by the entertainment DAO project, which is active on FiNANCiE. About SUPER SAPIENSS This project is being spearheaded by the noted and prominent Japanese movie directors Yukihiko Tsutsumi, Katsuyuki Motohiro, and Yuichi Sato; along w... read More

October 21, 6:30 pm

Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO
On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract's 'BondFixedE... read More

October 21, 11:00 am

Eunoia – a Knowledge Community DAO Platform for Professionals
PRESS RELEASE. DemandCircle is delighted to announce the official launch of Eunoia, Web 3.0’s very own decentralized business knowledge platform. With the goal of bringing industry professionals together in expertise-centric communities, Eunoia incentivises meaningful participation with rewards in the platform’s native token. Eunoia's e... read More

October 17, 7:00 pm

Maker DAO Trends Higher As 50 EMA Holds As Support, Can The Price Breach...
MKR's price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1,200.  MKR bounced from a low of $600 as the price rallied to a high of $1,000, preparing for a rally as the price eyes $1,200 key resistance. The price of MKR continues to trade above 50 Exponential Moving Average (EMA) on the daily timefra... read More

October 14, 10:00 pm

Lido DAO Shows Strength To Breakout; Will The Downtrend Line Be Invalida...
LDO price shows strength for the first time after post-merge. LDO bounces from the downtrend, hoping to end its bearish run as the price eyes a possible breakout from the downtrend line.  The price of LDO shows bullish signs as price trades below 50 and 200 Exponential Moving Averages (EMA) with good volume.  The price of Lido DAO (LDO... read More

October 01, 2:00 pm

Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million ...
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today's $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous orga... read More

September 28, 5:00 pm

Web3 and How It Helps the Environment – Dave Uhryniak of TRON DAO ...
TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development at TRON DAO. He recently joined the News Podc... read More

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