Decentralized Autonomous Organizations

Decentralized Autonomous Organizations

Markets

'Gensler and Biden were just better for crypto,' says Tally CEO as DAO governance platform shuts down

End of DAOs? Firm behind Uniswap and Arbitrum governance says easing regulation made decentralization optional

CoinDesk

Markets

Across's acx rockets 80%, massively beating bitcoin, on plans to dump its DAO structure

The bridging protocol's team wants to exchange ACX tokens for equity in a new U.S. C-corp or buy holders out at a 25% premium, in what would be one of the first major reversals from token to traditional corporate structure.

corporate governance, power balance

Finance

Is There a Future for DAOs?

Two major decentralized autonomous organizations ceased to exist last month, raising existential questions about the DAO model of governance.

(John Mack/Pixabay)

Tech

DAO Infrastructure Provider Tally Raises $8M to Scale On-Chain Governance

Tally is used by decentralized autonomous organizations (DAOs) to manage the governance process.

(Joshua Woroniecki/Unsplash)

Policy

Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities

The island nation cuts processing time for registration, provides immunity for DAOs using open-source software.

(Danny Nelson/CoinDesk)

Tech

FloorDAO Sends $2.5M to Splinter Group After Months of Fighting Over Financial Commitments

The NFT-focused fork of OlympusDAO failed to follow through on critical promises about asset buybacks, according to investors.

FloorDAO traders were looking for a payout – and got it. (Edgar Degas/Metropolitan Museum of Art, modified by CoinDesk)

Tech

Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist

First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies.

(Desirae Hayes-Vitor/Unsplash)

Policy

Treat Crypto as Securities by Default, European Parliament Study Says

Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says.

(Guillaume Périgois/Unsplash)

Policy

Finnish Minister Calls for EU Law to Recognize DAOs

Brussels must act to enable smart contracts to take off across the bloc, communications minister Timo Harakka said.

Timo Harakka at the 2022 World Economic Forum in Davos (Manuel Lopez/WEF)

Policy

DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views

A consultation published today looks at issues like governance, structure, money laundering and taxes.

The U.K. body is probing the legal status of DAOs. (alengo/Getty Images)