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The ethos of crypto is “power to the people.” That’s usually just theoretical. Abstract. Here, in this one (big green) corner of the world it’s actually happening. There’s now less overhead. Less red tape. Easier applications. More community building. Most importantly, nonprofits are truly controlling where the money goes, something
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Dework, a startup that aims to be a combination of Trello and LinkedIn for Web3, raised $5 million in a seed funding round co-led by crypto investing giant Paradigm and early-stage venture capital firm Pace Capital. According to the founder and CEO of Dework, Lonis Hamaili, “The fresh capital will
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Dework, which aims to be a combination of Trello and LinkedIn for Web 3, raised $5 million in a seed funding round that was co-led by crypto investing giant Paradigm and early-stage venture capital firm Pace Capital. The fresh capital will help Dework expand from its current three-person core team
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Bitcoin (BTC) and the broader cryptocurrency market have provided very little comfort in recent weeks, as macroeconomic headwinds and the implosion of the Terra ecosystem continue to reverberate. But, if we look beyond the immediate price action, we observe an industry that continues to grow and evolve, as well as
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Merit Circle members want to refund Yield Guild Games' investment and cancel an agreement between the two, claiming there’s not been enough value-add by the gaming guild giant. Source
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What is a DAO?A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like Ethereum (ETH) and are owned and operated by the people who use them.There are many different
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Seven days ago, Cryptox.trade News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In
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President Nayib Bukele said El Salvador bought an additional 500 BTC on Monday The Central American Jurisdiction previously approved Bitcoin as legal tender in 2021 Justin Sun’s Tron DAO Reserve also purchased 500 BTC during Monday’s market tumble The massive buy could be earmarked for Tron’s USDD algorithmic stablecoin reserve El Salvador announced a
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On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as the project aims to
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That said, “We don’t want for someone to spill coffee and have all the DAO members vote for who cleans it up.” Original Source
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