BarnBridge DAO Settles with SEC: Fixed Yield Protocol Resolves Case for $1.7M
The US Securities and Exchange Commission and BarnBridge, the governing body of the decentralized finance protocol, have reached a settlement.
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Latest firstAnubisDAO rugpulled for 13.5K ETH On Tornado Cash
key takeaways: In the fast-paced world of decentralized finance (DeFi), innovation and opportunity often go hand in hand with risks and uncertainties. An unfortunate recent event has yet again surfaced as AnubisDAO, a decentralized autonomous organization (DAO), fell victim to…
BarnBridge DAO to halt operations citing SEC probe
The SEC has initiated the probe to examine potential violations of securities laws and regulatory compliance related to BarnBridge DAO and individuals associated with the organization
Crypto Bot Generates $3.24 Profit from $200M Flash Loan
An arbitrage bot exploited MakerDAO's 'DssFlash' contract, generating a $200 million flash loan for a profit of $3.
Ooki DAO to shut down as CFTC wins Lawsuit
Judge ruled that Ooki DAO operated an illegal trading platform and unlawfully acted as an unregistered futures commission merchant.
SecretDAO votes to restructure foundation following leadership feud
According to the proposal, the DAO plans to have the new Secret Foundation up and running within 90 days of passage.
BonqDAO suffers $120 Mln exploit, Allianceblock tokens worth $12 Mln stolen
The hacker changed the update price function of the oracle in one of BonqDAO’s smart contracts leading to price manipulation of the wALBT token.
The CFTC pursues default for Ooki DAO due to missed court deadlines
The CFTC's request for a default judgement follows the decentralised autonomous organisation's failure to reply to the lawsuit by the given deadline
Lido DAO Rejected a $14m Deal with Dragonfly Capital
Key Takeaways: Lido intended to offer Dragonfly Capital 10 million LDO tokens for a fixed price of $1.45 each. The proposition was defeated with nearly a two-thirds majority in the final vote. With 43M LDO tokens, 600 Lido DAO members…
DAO Gets Recognized as Legal Entities by the Marshall Islands
Key Takeaways: The Marshall Islands accepts DAOs as legal entities. RMI passes the Non-Profit Entities (Amendment) Act 2021. MIDAO will help organisations get registered within the country. On February 15, the Republic of the Marshall Islands has announced the registration…