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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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Arbitrum decentralized exchange IAO cancelation draws controversy

On April 26, Xirtam token's scheduled initial airdrop offering (IAO) on the Arbitrum decentralized exchange AlienFi was canceled minutes before launch. It was not immediately clear which party was responsible for the cancelation. In a series of screenshots shared on Twitter, AlienFi alleged that, unbeknownst to the development team, Xirtam had conducted "a

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Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum (ARB) Blockchain

Vertex, which had been operating on a test network, combines an off-chain order book layered on top of an on-chain automated market maker on a decentralized, self-custodial exchange. The firm, which has bases in Singapore and the Cayman Islands, counts Jane Street, Dexterity Capital, Hudson River Trading, GSR, Collab+Currency, JST

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Decentralized exchange GMX votes to use Chainlink low-latency oracles

Chainlink’s (LINK) low-latency oracles will integrate with the decentralized exchange (DEX) GMX following a successful governance proposal that sought to provide more “granular” real-time market data to GMX v2. Voting ended on April 25 at 12:00 am UTC, with over 96% of participating GMX tokenholders voting in favor of the

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Decentralized Exchange GMX Connects to Data Provider Chainlink’s Low-Latency Oracles Following Community Vote

"The low-latency oracles will bring the industry one step closer to the performance level that currently exists outside of it, while our economic alignment helps set the foundation for a more sustainable ecosystem," said Johann Eid, vice president of Go-To-Market at Chainlink Labs. Source

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Abu Dhabi Global Market’s Financial Free Zone Publishes Consultation Paper for DLT Projects, Decentralized Autonomous Organizations (DAO)

"This Consultation Paper is of interest to any persons operating or planning DLT projects, persons engaging in digital asset related activities and their legal advisors, as well as DLT industry participants, associations, and stakeholders," the document said. Original Source

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Decentralized Database Firm Tableland Raises $8M Series A From CoinFund, Multicoin Capital, Others

"Tableland integrates a battle-tested database into EVM-based smart contracts for the first time," said Tabelland co-founder Andrew Hill in the press release. "The ease and familiarity of SQL combined with a network of pre-built, composable data models will make it possible for developers to turn ideas into dapps faster than

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