— Abracadabra, DAO
Abracadabra breaks its DAO to shut down protocol
Abracadabra DAO, which once held over $6B in TVL, is to be shuttered after a second vote on a “wind down” proposal with reduced quorum.
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Compound Foundation accused of ‘misappropriating’ DAO funds
The Compound Foundation has been accused of misusing funds to boost its voting power on two key proposals.
Single address votes 99.9% to drain BONK treasury of $21M
A vote was put to BONK holders last week, with one voter making up 99.9% of the turnout and sending 4.4T tokens to an unknown address.
DeFi drama: ENS governance battle, EF cuts and Gnosis reboot
Last week, the Ethereum Name Service DAO faced an attempt to “steal its treasury,” and the Ethereum Foundation announced a 20% staff cut.
Tornado Cash DAO faces ‘malicious’ governance attack, researchers warn
The DAO behind notorious privacy protocol Tornado Cash has received a proposal that would replace key addresses with spoofed lookalikes.
‘RFV Raiders’ target Gnosis DAO for treasury redemption proposal
A group known for targeting DAOs whose token trades below its net asset value has set its sights on Gnosis DAO.
Aave developer BDG Labs to ‘cease contribution’ after DAO drama
The latest in a string of Aave DAO disputes sees BGD Labs quit, citing Aave Labs’ behavior around v4 and centralization concerns.
Is Aave Labs’ proposal ‘extractive’? DAO debate heats up
Aave Labs’ latest proposal looks to be a step in the right direction after two months of debate. But the sums requested are considerable.
Aave brand dispute rumbles on as founder buys £22M London property
The DAO vs Labs brand ownership debate is still to be settled. Meanwhile, founder Stani Kulechov spent $30M on a new London mansion.
AAVE whale crashes token 10% amid ‘disgraceful’ governance vote
The author of a proposal on Aave DAO’s ownership of brand assets branded Aave Lab’s unilateral initiation of the vote “disgraceful.”