Activist investment

Activist investment

Finance

For Crypto Investors Down Bad in Hector, the DAO Can’t Die Fast Enough

Hector Network will take six to 12 months to hold a liquidation. Token holders want their money back sooner.

(Getty Images)

Markets

DeFi Project Parrot Holds Contentious Vote on Future of $70M Treasury

The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.

Birds in Costa Rica

Finance

Hector Network Fight Centers on Efficacy of DAO Governance

The Olympus DAO fork is debating whether to tack on some of the hallmarks of a conventional corporation – something critics view as antithetical centralization.

Debate has ensued over the proliferation of BRC-20 tokens on the Bitcoin blockchain. (Кусмарцева Дарья / Getty Images)

Finance

DeFi Project Hector Network Mulls Legal Wrapper to Shield DAO

A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community.

Hector brought back to Troy (Wikimedia Commons)

Finance

Polychain Snubs Lucrative Crypto Arbitrage, Prepares to Trade $6M of ROOK Token on Uniswap

After activist investors successfully lobbied for a major overhaul of ROOK, a potentially very lucrative trading opportunity opened up for token holders.

Polychain CEO Olaf Carlson-Wee (Danny Nelson/CoinDesk)

Finance

Aragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis

After a week of bickering cooler heads began to prevail. The market responded with gusto.

Luis Iván Cuende - Cofounder & core contributor - Aragon (AsturixLinux)

Finance

Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight

After attempting to thwart what it called a "coordinated" attack on its town square, Aragon reiterated its “code is law” position.

(Maxime Gilbert/Unsplash)

Finance

Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT

The leader of SpartacusDAO is barred from touching $35 million in investor funds until he starts working with the court.

Spartacus (Gautier Poupeau/Wikimedia)

Finance

Aragon Bans at Least 6 DAO Members During Treasury Discussion, Alleging ‘Coordinated’ Assault

Their banishment from Aragon’s Discord for asking “probing questions” and using “inappropriate language” highlights the disconnect between the censorship-resistant ideals of crypto governance and the reality that insiders hold considerable sway.

(Danny Nelson/CoinDesk)

Finance

ROOK Token Holders Poised to Collect $25M Payout

Rook Labs and activist investors reached a deal that returns millions of dollars to the former DAO.

(Hazard/Rook)