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Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit
15.6.2022
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized...
Sunrise Gaming by Dao Is Dedicated to Make Casino Games Decentralized and Trackable on Its Native Blockchain
15.6.2022
SUNRISE GAMING BY DAO is dedicated to make casino games decentralized as well as make all the games trackable on its native blockchain. We have listed our native tokens, $SUNC and $xSUNC, on Uniswap in Aug 2021. We are about to launch the beta version of Casino games soon. What Is SUNRISE GAMING...
Tron DAO Reserve to Deploy Another USDC 500M to Protect Stablecoin as Depeg Extends
15.6.2022
The Tron DAO Reserve (TDR), the entity in charge of managing Tron-based stablecoins, aims to deploy another USD 500m worth of the stablecoin USD coin (USDC) to defend the peg of its algorithmic stablecoin USDD.
The move comes as USDD, despite being overcollateralized, has plunged to USD 0.96...
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
15.6.2022
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement
Nifty News: Lacoste’s luxury DAO, Bill Gates slams Bored Apes and more…
15.6.2022
Bill Gates has slammed “expensive digital images of monkeys” while an NFT trader made a 921.12 ETH profit on a BAYC NFT overnight
Gaming DAO Merit Circle, YGG ‘Terminate Relationship’
14.6.2022
Merit Circle members initially proposed to cancel YGG’s investment in Merit Circle because of a lack of perceived value added. Now the two are parting ways
Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token
14.6.2022
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows...
Dohrnii DAO Crypto Giveaway: Ready to Win $100K in Bitcoin?
14.6.2022
Do you want to win $100,000 in BTC? Yes, that’s right – Dohrnii DAO has recently announced a major crypto giveaway! In celebration of the DHN token launch, and the promise to give back to their community, they’re offering this unique opportunity to whoever buys DHN from June...
Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity
13.6.2022
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital...
USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg
13.6.2022
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD
What are investment DAOs and how do they work?
11.6.2022
Investment DAOs where crypto-rich buyers team together to back startups or make investments work based on governance rights enforced through smart contracts
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
10.6.2022
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged over 8X with increased protocol activity
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries
10.6.2022
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022...
ApeCoin DAO officially favor to remain within Ethereum ecosystem
9.6.2022
Following a six-day snapshot voting period, the final results narrowly reveal that 53.59% of ApeCoin participants advocate to remain on Ethereum for the mid-term future, with 7.1 million APE tokens cast in total
‘Data DAO’ Delphia raises $60M Series A led by Multicoin Capital
8.6.2022
Decentralized autonomous organizations continue to gain traction. In the case of Delphia, retail traders will be rewarded for contributing their personal data
French Lawmaker Releases New Report to Push for Crypto Legislation
8.6.2022
Pierre Person, a lawmaker from France’s ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament. ...
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Outgoing French Lawmaker Calls for Fossil-Based Crypto Mining Ban, DAO Legal Status
8.6.2022
Europe needs to stop dithering and capture the crypto opportunity, Pierre Person says
Leaked copy of US draft bill shows DeFi and DAOs under regulatory lens
7.6.2022
The draft bill proposes to eliminate anonymous crypto projects, with DAOs, DeFi and exchanges required to legally register in the U.S
MetaBrewSociety to offer voting rights over a brewery via NFTs and DAO
6.6.2022
Brewing could soon be getting the Web3 treatment, with tokens giving holders a choice in how their favorite brewery is run
Finance Redefined: Maker founder proposes endgame, Singapore explores DeFi and more
3.6.2022
Top DeFi tokens broke out of the month-long bearish pressure to trade in the green and the total value locked in DeFi protocols saw a minor recovery amid continuous price volatility