Drift, a decentralized finance (DeFi) platform built on the Solana blockchain, has raised $25 million in a Series B funding round led by Multicoin Capital. The new capital will support Drift’s expansion, focusing on developing a full suite of financial services, including spot and derivatives… Read More
OKX‘s investment arm, OKX Ventures, announced that it has become a founding member of SOFA.org, an open-source and non-profit decentralized autonomous organization (DAO) focused on developing a DeFi ecosystem that facilitates atomic, blockchain-based settlements of financial assets. Through its collaboration with SOFA.org, they seek “to… Read More
IOST is pleased to announce a collaboration with Professor Emil Chan, a Fintech visionary and digital transformation professional. Together, they will create NextEduDAO, a decentralized autonomous organization (DAO) dedicated to improving higher education “through innovation.” Their mission is “to establish a leading global education DAO… Read More
Beanstalk, which claims to be the “pioneering” monetary experiment built to address the inefficiencies of hard money, announces a series of protocol improvements voted in by the DAO. With the upcoming series of Mayflower Updates, the protocol and its DAO are focused on the task… Read More
Across Protocol and ShapeShift are now using oSnap for optimistic governance execution. After successfully passing through Snapshot governance voting rounds, the two projects “have integrated the UMA-powered solution.” With oSnap, the Across and ShapeShift DAOs can now “execute on-chain governance decisions optimistically based on off-chain… Read More
American CryptoFed DAO, LLC’s forthcoming administrative hearing, as demanded by the Securities and Exchange Commission (SEC), is scheduled to take place on January 18, 2023. The Hearing Day 4 is labeled as public on the SEC’s event page. It was previously reported that hearings were… Read More
The Securities and Exchange Commission (SEC) has commenced administrative proceedings against American CryptoFed DAO LLC. The company is based in Wyoming and was established under the state’s DAO law in July 2021. The Order, available here, outlines the interaction between American CryptoFed and the SEC…. Read More
Decentralized Autonomous Organization (DAO) Game7 and MetaMask announce HyperPlay, which is described as “an open-source desktop application where interoperability is the default for Web3 games.” HyperPlay claims it is “the world’s first Web3-native game launcher, built to make the user experience free of friction for… Read More
The Commodity Futures Trading Commission (CFTC) has filed and settled charges against bZeroX and founders Tom Bean and Kyle Kistner. The CFTC alleges that respondents illegally offered leveraged and margined retail commodity transactions in digital assets. The CFTC states that the activity can only be… Read More
Web3’s commerce layer Boson Protocol is partnering with Alterrage, a DAO-led fashion label leveraging blockchain technology, “to create interoperable collections across physical, augmented, and digital spaces.” The partnership will see Alterrage “open a phygital Web3 store where buyers will be able to purchase the unique… Read More
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
Waves Enterprise, a hybrid blockchain platform combining public and private chains, has announced its intention “to move to a decentralized governance model and open-source its entire codebase.” The Waves Enterprise stack and further development of WE ecosystem “will be managed not by a group of… Read More
ConsenSys, a blockchain tech firm, and LivePerson (NASDAQ: LPSN), a global firm focused on conversational AI, announced plans to create a “decentralized” customer care platform: VillageDAO. VillageDAO will focus on “empowering Web3 brands to self-service issue resolution by enhancing community engagement.” Community members will be… Read More
Digital asset firm Okcoin is now offering MAGIC, which is the native crypto token of Treasure DAO. According to Okcoin, here’s what MAGIC and Treasure are all about, in simple terms: You can now deposit MAGIC on Okcoin. This offer is for all Okcoin clients… Read More
Notifi, a messaging layer for Web3, has announced the launch of its SDK “to enable Web3 projects to drive communications at scale.” Solana’s SPL governance protocol is reportedly “the first to integrate and go live with the Notifi SDK, enabling DAO administrators to send real-time… Read More
The Kava DAO has reportedly voted to “allocate $750M to on-chain developer incentives, committing majority ownership of the network to the #BUIDLers.” As mentioned in a blog post, high-quality developers are “the most valuable asset to the long-term success of Layer-1 blockchains.” In recognition of… Read More
All venture capital is not created equal, especially when it flows into newer areas of technology such as blockchain, DAO Maker co-founder and CSO Hatu Sheikh cautions. DAO Maker creates growth technologies and funding frameworks for startups, while simultaneously reducing risks for investors. Sheikh said… Read More
Fans of the NFL’s Denver Broncos have a chance to own a piece of the team, and pay for it in cryptocurrency if the leader of a new movement gets his way. According to a report from the Denver ABC affiliate attorney Sean O’Brien is… Read More
Nahmii, a layer two scaling protocol for the Ethereum blockchain, this week announced a startup accelerator designed to bolster the Nahmii developer community and ecosystem. SkunkDAO is a Web3 incubator that allows Nahmii’s developer community to convert their ideas into real-world form and function projects…. Read More
Blockchain venture studio Draper Goren Holm recently announced an investment in Mavryk Finance, a decentralized, non-custodial, community-governed platform. Mavryk Finance allows users to borrow, earn, and unlock the world from legacy financial systems. “We’re thrilled to welcome Mavryk Finance into our family as Alex Davis… Read More
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