Blockchain dev says DAOs don’t work, elected leaders are the answer
Martin Krung wants to replace DAOs with decentralized hierarchical organizations, including elected leaders and hierarchical decision-making.
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Allegedly decentralized ‘credit market’ shutters after attorney Discord post
DeFi protocol BarnBridge DAO immediately halted operations after a lawyer warned that token-holders could be personally liable.
California lawmaker wants to legitimize the incorporation of DAOs
Unless revised, proposed bill AB 1229 would allow any non-profit group in California to claim ‘decentralized’ status as a non-profit DAO.
Opinion: Arbitrum misunderstands the definition of ‘proposal’ and ‘DAO’
Arbitrum’s first Arbitrum Improvement Proposal was shot down by the community, but implementation has already begun.
Judge says token holders could be liable for DAO hacks
A California judge has ruled that DAO token holders may be liable for the actions of the DAO as part of a general partnership.
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Binance invested heavily in lobbying before guilty plea—by Protos Staff
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Top Binance exec Noah Perlman’s ties to Epstein, Moonstone, and Gemini—by Protos Staff
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CFTC demands Coinbase user data in suspected Bybit probe—by Protos Staff
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Tether gives FBI peek behind the curtain—by Protos Staff
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Binance card withdrawals have been down for a week—by Protos Staff
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HTX hacked week after Poloniex — now Justin Sun only posts as AI—by Protos Staff
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Binance and CZ plead guilty but SEC lawsuit remains—by Protos Staff
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Tether sent $1B to UK firm owned by prominent Conservative donor—by Protos Staff
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M2: Did Mr. Wonderful endorse the next FTX?—by Protos Staff
