News list for " centrification"

Data: DAO treasury value fell by $12.60 billion in half a year

According to Bitcoin.com News, the latest data shows that the total treasury value of decentralized autonomous organizations (DAOs) fell from $37 billion at the end of March to $24.50 billion in October, shrinking by $12.60 billion in half a year. The current top five DAO coffers are: Optimism ($3.80 billion), Uniswap ($2.90 billion), Mantle ($2.70 billion), Arbitrum ($2.40 billion) and GnosisDAO ($1.70 billion). These coffers are mainly composed of their respective governance tokens, mainstream...

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2024-10-05 09:27:57
Chaos Labs Launches Edge, a Decentralized Oracle Protocol

On September 13th, Chaos Labs announced the launch of the decentralized oracle protocol Edge to provide support for the Solana ecosystem DEX Jupiter. For the past two months, Edge has provided its services for the $30 billion trading volume on Jupiter. Edge consists of three components: Price: Provides high-precision price data through an integrated risk engine provided by Chaos' advanced outliers and anomaly detection algorithms. Risk: According to current market conditions, real-time parameter...

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2024-09-13 10:52:49
The UK Law Commission believes there is no need for a DAO-specific law

On July 12, the UK Law Commission believes that decentralized autonomous organizations (DAOs) do not require separate legal oversight and should be integrated into existing financial regulations and taxation frameworks. The Commission said that in its current form, it is not feasible to implement a one-size-fits-all law for DAOs, as different ecosystems will tend to adapt their operations to local judicial requirements. In addition, the Commission recommends that the Companies Act 2006 be review...

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2024-07-12 16:26:28
Report: DePin Network Could Decentralize Law Enforcement

Zee Prime Capital released a report stating that a decentralized physical infrastructure network (DePin) can transform law enforcement into a community enterprise and increase transparency. Decentralized security (DeSec) involves building distributed surveillance and law enforcement systems such as ballistic triangulation systems and community patrol decentralized autonomous organizations (DAOs). Author Luffistotle said that blockchain and decentralized architectures are essential for security r...

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2024-07-05 02:31:52
The Farcaster deal brought in nearly $1.90 million

On June 23rd, Dune data showed that the total revenue of the decentralized social protocol Farcaster exceeded 1.88 million US dollars, currently 1887,175 US dollars, and the total number of users reached 537,376. A few days ago, Vitalik Buterin responded to economist Joe Weisenthal in a post on X, saying that many idealized open Internet projects have actually made important progress, such as Farcaster, Lens, quadratic and retrospective financing, Zupass, privacy-protected ETH delivery methods, ...

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2024-06-23 15:11:28