While the hacked project investigates the attack, early estimates reveal the scope of the damage, with one of the most affected users losing roughly 900 Bitcoin.
Venture capital cannot just stick to its existing structures and processes if it wants to remain relevant in the new Web 3.0 era.
AnubisDAO, a new DeFi project that launched last Thursday in a bid to capitalize on the dog-meme crypto craze, lost 13,556K Ethereum (ETH), worth roughly $60 million.
Democracy has been a hot topic for the last few years. For some, it’s a right that is appreciated and cherished. For others, it is a dream they someday hope to experience.
One of the latest new NFT projects, Next Earth, was created with a dual purpose in mind: To create the first blockchain-based replica of our planet, and to contribute to the environment in the process.
Abracadabra Money enables users to provide collateral via interest-bearing bearing tokens and borrow the Magic Internet Money stablecoin against their holdings.
The decentralized nature of DAOs and their dependence on vibrant, committed communities can be at odds with investors who are just in it for the virtual Benjamins.
The decentralized nature of DAOs and their dependence on vibrant, committed communities can be at odds with investors who are just in it for the virtual Benjamins.
Vlad Tenev, CEO of financial services company Robinhood, said that crypto is vital to the app’s future and that a wallet may be in the works
This is a major step for the project and decentralized governance initiatives. It shows that the U.S. is open to recognizing organizations with innovative structures, even if they lack a centralized hierarchy.
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