Thursday, April 17, 2025
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How the law was made and what it means for decentralized business

In March, the Utah State Legislature passed the Utah DAO Act, granting legal recognition and limited liability protections to decentralized autonomous organizations (DAO) in the state.DAOs by default are not recognized as legal entities, and giving these organizations legal status in Utah could help clear up regulatory concerns. David Lemke, chief

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African Blockchain Business Funding Rose 429% in 2022 — Report – Blockchain Bitcoin News

In 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the year earlier, the latest CVVC African blockchain funding report has revealed. The custody and exchanges category raised over $250 million, which is equivalent to more than 50% of funds raised

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HashKey Expands Its Business, Launches Wealth Management Platform

HashKey is looking to attract both private and institutional investors with its newly-launched platform. Digital asset firm HashKey Group has added wealth management services to its list of offerings. The Hong Kong-based firm shared the development via a Friday,  April 14 announcement. Per the announcement, there is presently a high demand

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MonkeDAO Plans to Buy Rights to Popular Solana Monkey Business NFT Collection for $2M

In February, decentralized Solana trading protocol Hadeswap acquired SMB from its original founders and transferred its ownership to HadesDAO, promising to respect the project's legacy. On Thursday, HadesDAO passed a proposal that would allow MonkeDAO to purchase the SMB intellectual property (IP) including "all rights, assets, accounts and keys from

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