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TON-based XDAO protocol grants legal status to 367k DAOs


XDAO, a protocol based on The Open Network (TON), has enabled over 367,000 decentralized autonomous organizations (DAOs) to achieve legal status through its initiative that automates legal recognition for such organizations. In an announcement, XDAO said it had streamlined the DAO creation...

Texas court issues judgment against Bancor DAO after it ignored summons


A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons. Judge Robert Pitman issued the judgment after Bancor DAO did not appear to defend itself following a summons that...

The State of DAO M&A


M&A could be critical for building resilient and scalable decentralized organizations. But, after 65 deals and counting, we’re not there yet, say Joshua Tan, Jillian Grennan and Bernard Schmid

TWAP Orders on Cow DAO Cross $1 Billion Mark


Cow DAO, a decentralized autonomous organization focused on Ethereum-based trading, has processed more than $1 billion in Time-Weighted Average Price (TWAP) orders, marking a significant milestone for the decentralized finance (DeFi) platform’s adoption. Cow DAO Hits $1B in TWAP Order Volume...

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