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Public blockchain network Terra has confirmed an ongoing scam attack via an official governance poll on Mirror, an in-house synthetic assets protocol. According to Mirror, the attacker launched a public poll on Mirror’s official website, which proposes a freeze on the community pool in case of a scam. NEW MIRROR POLL!
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“There are fundamental decisions here: Should there be restitution, step one. Step two, should it be immediate or over time? If immediate, what percentage? And if it’s over time, via what mechanic? Governance tokens, maybe a vault-type product that pays back over time versus interest generated … there’s a lot
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Contributors to FreeRoss DAO were airdropped FREE tokens this morning as the collective decides on how to use its treasury to advance prison reform and free Ross Ulbricht, founder of the now-defunct influential darknet marketplace Silk Road.the $FREE token has been distributedhttps://t.co/t4vrKhNUnT— FreeRossDAO (@FreeRossDAO) December 16, 2021FREE tokens were distributed
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Members of the Messari research team add new proposals to the platform as they’re posted, rank them based on importance and type of proposal, and also gauge how warmly a community has received the proposal. The platform also contains links to both voting portals and the governance forums for the
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The latest salvo in the multibillion-dollar “Curve Wars” might be the most daring yet, and the protocol’s response has revealed deep ideological fissures in the decentralized finance (DeFi) community.Curve.Finance is currently the largest DeFi protocol with $20.8 billion in total value locked (TVL) per CoinGecko. The protocol holds a vital
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The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates to propose their views to
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While bitcoin and the broader crypto market appear to be in stasis at press time, FXS, a governance token of a lesser-known fractional algorithmic stablecoin protocol Frax, has jumped 80% in 24-hour. You read it right; in a single day, the token has gained nearly twice more than what bitcoin
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The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in 2021 but has also provided nefarious actors with numerous exploits in siphoning profits and tokens away from unsuspecting investors. In the past few days, KeeperDAO (ROOK), a DeFi
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Revolut’s former growth lead is turning his crypto project, Gro, into a DAO.Sep 28, 2021 at 1:08 p.m. UTCUpdated Sep 28, 2021 at 1:20 p.m. UTCHannes Graah, former Revolut exec and president of Spotify Japan, is now working on Gro. (Akio Kon/Bloomberg via Getty Images) Source
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Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level. The building momentum also had a positive effect on altcoins and a handful of tokens posted double-digit gains.Top 6 coins with the highest
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