Search Results for: decentralized autonomous organization

May 14, 2023 @ 4:42 pm By Omar Faridi  |  

Aragon, the platform for building and running decentralized autonomous organizations (DAOs), has implemented a number of safeguards to protect its treasury in response to a coordinated attack focused on draining value from the project. In the wake of the attack and in order to mitigate… Read More

October 9, 2022 @ 1:47 pm By Omar Faridi  |  

Geode Finance, a liquid staking infrastructure provider for DAOs, has successfully deployed on Avalanche Mainnet, partnering with Yield Yak “to launch their own liquid staking solution and token, yyAVAX.” With Geode’s infrastructure, DAOs can “unlock new revenue streams and capture the full value of PoS… Read More

March 11, 2024 @ 12:17 pm By Omar Faridi  |  

Digital asset firm OKX is pleased to announce their strategic investment, through our investment arm, OKX Ventures, in DeBox, a decentralized social networking platform for Web3 communities and Decentralized Autonomous Organizations (DAOs). Over the past two years, DeBox has committed itself “to serving the Web3… Read More

March 10, 2024 @ 8:43 pm By Omar Faridi  |  

Wyoming Governor Mark Gordon recently signed a bill into law that allows for the development of a complete legal framework for the establishment and management of so-called decentralized autonomous organizations or DAOs. The latest bill has reportedly been sponsored by the legislature’s Select Committee focused… Read More

July 18, 2023 @ 10:40 pm By Omar Faridi  |  

The DFINITY Foundation, a not-for-profit science and technology organization and major contributor to the Internet Computer blockchain (ICP), announced the launch of a $5 million decentralized artificial intelligence (DeAI) grant to support projects leveraging AI on ICP. The Internet Computer blockchain is reportedly “the only… Read More

May 9, 2023 @ 7:53 am By Omar Faridi  |  

MakerDAO, which claims to be the “longest-standing” DeFi lending protocol and creator of DAI, the original decentralized stablecoin, has announced the official launch date of Spark Protocol, a MakerDAO-centric decentralized application. Starting from May 9th, Spark Protocol will “serve as the underlying infrastructure for Spark… Read More

July 12, 2022 @ 4:52 pm By JD Alois  |  

Morpho Labs, a French research and software development firm, has raised $18 million to pursue its vision of a new decentralized lending protocol. The funding round was led by Andreessen Horowitz (a16z) and Variant. The company states that approximately 100 investors participate in the funding… Read More

April 28, 2022 @ 2:53 pm By Omar Faridi  |  

Ondo Finance has finalized a $20 million Series A to accelerate the adoption of DeFi “among mainstream investors.” This latest investment round was led by Founders Fund, the venture capital firm founded by Peter Thiel, and Pantera Capital. The funding will “allow Ondo to build… Read More

February 13, 2022 @ 11:44 pm By Omar Faridi  |  

The past few years have seen the crypto and blockchain space impact just about every industry in one way or another. However, one innovation in particular is leveraging blockchain or distributed ledger technology (DLT) in order to “fundamentally disrupt how organizations are structured, codified and… Read More

December 30, 2021 @ 8:42 am By Omar Faridi  |  

Ontology Network, which claims to be a high performance, open-source blockchain specializing in digital identity and data, notes that VC firm a16z is entering the DAO field via strategic investments into various DAO initiatives, like the recent investments in social DAO project, FWB. Since last… Read More

November 26, 2021 @ 3:32 pm By Omar Faridi  |  

The decentralized finance sector has truly achieved a lot in the past few years, but it has an exposed Achilles heel in security issues. To address this issue once and for all, we need a robust blockchain network and ecosystem built from scratch with security… Read More

October 20, 2021 @ 3:13 pm By Omar Faridi  |  

MODA DAO, a decentralized autonomous organization (DAO) created to bridge the legacy music industry into the latest Web 3.0 entertainment world, announced that they’ve acquired $5 million via a private sale of their MODA token, with musicians Joel Zimmerman (deadmau5) and Richie Hawtin joining the… Read More

July 14, 2021 @ 9:00 am By Omar Faridi  |  

Mettalex, a decentralized cryptocurrency and traditional commodities derivatives trading platform that is powered by Fetch.ai, reveals that it has launched DEX Yield Farming for commodities, adding new markets to the decentralized finance (DeFi) ecosystem. Liquidity providers are now able to generate a “highly-competitive” yield by… Read More

May 27, 2021 @ 7:29 pm By Omar Faridi  |  

Decred (DCR), a digital currency that focuses on and prioritizes security and scalability, has announced (on May 27, 2021) the initial integration of its decentralized exchange, DCRDEX, into its Decrediton wallet. DCRDEX, which was first available via the command line interface (CLI), has managed  to… Read More

May 3, 2021 @ 3:30 pm By JD Alois  |  

Qredo, a decentralized digital asset management platform, has raised $11 million in seed funding, according to a note from the company. Investors in the company include Amnis Ventures, Artus, Borderless Capital, Celsius, CMS Holdings, Connect.Capital, Deribit, G1, GSR, Gumi Cryptos, Kenetic, Kronos, Maven 11, 1kx,… Read More

March 15, 2021 @ 9:03 pm By Omar Faridi  |  

During the past month, the total value locked (TVL) in the Bancor Protocol has more than doubled, surpassing the $1.6 billion mark. Bancor, which serves as a liquidity protocol that enables automated, decentralized exchange, reveals that it managed to break into the top 10 projects… Read More

January 8, 2021 @ 4:03 pm By Omar Faridi  |  

1inch, a decentralized or non-custodial crypto exchange aggregator service, has launched a new liquidity mining program. Liquidity mining, also referred to as yield farming, is the act or process of offering liquidity through digital currencies to decentralized exchanges (DEXs). Since the main goal of an… Read More

December 10, 2020 @ 9:26 pm By Omar Faridi  |  

High-performance blockchain platform Ontology has introduced an “Inclusive Pool” – which is the platform’s first (decentralized finance) DeFi product based on OScore. Since recently launching OScore, the “decentralized” credit system implemented on Ontology’s DeID, the team at Ontology has been working towards adding a new… Read More

November 13, 2020 @ 7:00 pm By Omar Faridi  |  

We recently caught up with Humayun Sheikh, CEO of Fetch.ai, an organization that’s focused on developing machine learning and AI-enhanced solutions for the emerging decentralized finance (DeFi) sector along with offering services that may be compatible with traditional financial platforms. Sheikh commented on the recent… Read More

November 7, 2020 @ 6:25 pm By Omar Faridi  |  

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, will be integrating Bluzelle’s decentralized database (Bluzelle DB) into future products like the KARMA rating protocol. Bluzelle is powered by… Read More