Wyoming Grants DAOs New Legal Structure

Wyoming Grants DAOs New Legal Structure

[ad_1] Miles Jennings, general counsel at a16z Crypto, called it a “major breakthrough” that will give the groups “much-needed protections and empower them to keep blockchain networks open,” according to a blog entry posted Friday. This new recognition as “decentralized unincorporated nonprofit associations” (DUNAs) will help the blockchain stewards ensure “that the network remains open, … Read more

Appeals Court Revives Aspiring Class Action Lawsuit Against Binance

Appeals Court Revives Aspiring Class Action Lawsuit Against Binance

[ad_1] In a statement, plaintiffs’ attorney Jordan Goldstein, a partner at Selendy Gay, said, “On behalf of investors who traded on Binance, we are pleased that a Second Circuit panel has unanimously acknowledged the strength of our claims and permitted this action to proceed. We look forward to prosecuting this class action against Binance and … Read more

Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock

Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock

[ad_1] Fees on layer 2s, designed to scale the Ethereum network, also surged, with transactions costing as much as $1 on Arbitrum, the highest since 2022, the report said. This issue has a quick fix though with the Dencun upgrade coming up next week, which is expected to lower transaction costs on layer 2s to … Read more

Dogecoin To $100? Crypto Analyst Reveals The Key

Dogecoin To $100? Crypto Analyst Reveals The Key

[ad_1] Dogecoin has seen a number of bullish predictions over the last month, especially with the recovery of the crypto market. The latest in this long line of bullish predictions is that of one crypto analyst who goes by southofearth on TradingView. According to the analyst, the DOGE price will rally higher than expectations. Dogecoin … Read more

BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund

BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund

[ad_1] “The Fund may acquire shares in exchange-traded products (“ETPs”) that seek to reflect generally the performance of the price of bitcoin by directly holding bitcoin (“Bitcoin ETPs”), including shares of a Bitcoin ETP sponsored by an affiliate of BlackRock. The Fund will only invest in Bitcoin ETPs that are listed and traded on national … Read more

Wyoming's New DAO Bill Gives Crypto a Boost to Sweep Out Internet Incumbents

Wyoming's New DAO Bill Gives Crypto a Boost to Sweep Out Internet Incumbents

[ad_1] Today’s internet is dominated by an oligarchy of large tech companies like Amazon, Apple, Meta and Google. These companies control the closed networks through which we experience the internet (social media, search engines, online shopping, etc.) and they’ve used this control to do what corporations are legally designed to do: maximize profits. [ad_2] Source … Read more