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"The team examines the required regulation, including regarding the corporate status, the taxation aspects and other aspects of DAO in order to create legal certainty, reduce the risk factors in the activity through DAO and realize the potential for the Israeli economy," the notice said, adding that comments submitted by
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Hector Network will take six to 12 months to hold a liquidation. Token holders want their money back sooner. Original Source
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A decentralized autonomous organization (DAO) focusing on gaming has recently warned its users that some of its X accounts were compromised. The company reminded its community that they don’t have airdrops, new mints or anything else planned. In a tweet published on July 24, decentralized game publisher Treasure posted that their
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied AAVE, the native currency of Aave, a multi-chain decentralized money market, is firm, price action on July 12 reveals. The token is up 56% from June 2023 lows and continues to extend gains, shaking off weakness after the
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Structured products in traditional finance typically combine several products, such as stocks or bonds, into a single package. Should their use in crypto grow, they could be seen as evidence of the growing sophistication of the industry and its increasing ability to attract mainstream investors. Source
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GHO has been in the works for over a year and was issued on a testnet earlier this year. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to Douglas Park, a lawyer, the BarnBridge protocol should stop all operations due to an ongoing investigation by the US Securities and Exchange Commission (SEC). BarnBridge is a platform that builds infrastructure and protocols around
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BarnBridge DAO members have been told to pause “all work” related to the project after a reported probe by the United States Securities and Exchange Commission (SEC).In a July 6 post to the platform’s Discord channel, Douglas Park, a lawyer for the decentralized autonomous organization revealed the news to members.“I
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In a forum post, a project leader called on Abracadabra DAO to support a “transition of power” to a centralized entity complete with lawyers, jurisdictions and trustees. Those trappings of a traditional corporation are seemingly antithetical to the notion of a DAO, the form of crypto-based business governance in which
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The cryptocurrency industry has experienced notable progress since its inception, resulting in the emergence of several projects with extensive utility and promise. Consequently, investors have shown significant interest in cryptocurrencies due to their growth potential. Among these
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