[ad_1] A recent ruling by a US judge stated that Tornado Cash had legal status as a “person”. This development follows the previous ruling in June, which recognized the decentralized autonomous organization…
Category: Governance
Ethereum developers to debut new testnet ‘Holesky’ next month
[ad_1] Published 1 minute before on In an effort to improve the test environment and address supply challenges for ether on the testnet, Ethereum core developers plan to launch a new testnet…
CFTC wins Ooki DAO case, setting precedent that DAOs can be held liable
[ad_1] A federal judge ruled in favor of the Commodity Futures Trading Commission after Ooki DAO failed to respond to enforcement actions taken by commodity regulators. The ruling set a precedent…
Arbitrum proposal to return 700 million ARB fails by overwhelming majority
[ad_1] A controversial Raised Arbitrum Proposal that aimed to return 700 million of ARB’s governance tokens, AIP 1.05, has failed with a majority vote. 118 million ARBs voted against the proposal,…
Arbitrum’s backtrack raises questions about nature of DAO governance
[ad_1] Arbitrum was forced to back away from a major proposal earlier this week after token holders in an Ethereum Layer 2 scaling project that controls the protocol’s decentralized autonomous organization staged…
Arbitrum whales mostly holding through governance drama, on-chain analysis shows
[ad_1] Arbitrum’s governance was in the limelight over the weekend before its self-titled foundation withdrew the problematic AIP-1 proposal and a “ratification” vote for the financial action it had taken. Acknowledging…
Crypto Exchange Aggregator 1inch Proposes Diluting Some Insiders’ Voting Power
[ad_1] In a community call Friday attended by CoinDesk, Jordan Reindl, community member and governance team at 1inch, proposed the protocol weaken the power of the insider vote who had received the…
Coinbase will soon support the ARB-USD trading pair
[ad_1] Prior to the Arbitrum airdrop, Coinbase tweeted that it will support trading for governance tokens on March 23. “Once there is sufficient supply of this asset, we will announce the…