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Aragon repurposes DAO after 51% attack, pulls voting rights for ANT holders

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Swiss-based firm Aragon Association has abandoned plans to grant voting rights to native Aragon (ANT) token holders over various aspects of the organization’s operation, including its $200 million treasury. The latest development has significantly impacted the DAO-centric

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How OFAC’s Tornado Cash Sanctions Violate U.S. Citizens’ Constitutional Rights

OFAC's decision to sanction Tornado Cash is unprecedented, marking the first time that software has been targeted for sanctions. OFAC’s sanctioning authority extends only to persons or property. Yet, Tornado Cash is neither a person nor property: It is owned by nobody, controlled by nobody and functions automatically without human

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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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Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation

Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.In a Feb. 20 interview, Gladstein argued that the decentralized nature of Bitcoin (BTC) can act as a barrier against corruption

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Smart Contracts without Admin Rights Are Crucial for Trustless Decentralized Finance

The primary objective of decentralized finance is to create a world where no trust is needed.When people think of decentralized finance, they automatically assume there are no risks. After all, intermediaries don’t exist, and everything is trustless. However, smart contracts can still contain admin rights, which puts all users at

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