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JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks
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JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks

JPEX, a virtual asset trading platform suspected of illegal operations, has proposed a DAO stakeholder dividend scheme. While 70% of participating users have agreed, lawmaker Huang Junshuo warns of potential debt risks. The platform is also under legal scrutiny, with ongoing investigations into fraud.

CyberConnect Fully Responsible for Proposal Fueling CYBER Token Manipulation Rumors
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CyberConnect Fully Responsible for Proposal Fueling CYBER Token Manipulation Rumors

CyberConnect has retracted a proposal aiming to optimize CYBER liquidity across Ethereum, Optimism, and BNB Chain, citing rumors of CYBER token manipulation and market control. The revised proposal will focus on a bridge for free CYBER movement, undergoing a multi-day voting period and security audit.

World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink
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World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink

The World Economic Forum (WEF) has honored six blockchain companies on its list of 100 “early to growth-stage” firms Technology Pioneers for 2020, including MakerDAO and Chainlink.

Nexus Mutual Enters Bancor’s DAO Ecosystem to Generate Protocol-Owned Liquidity
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Nexus Mutual Enters Bancor’s DAO Ecosystem to Generate Protocol-Owned Liquidity

To gain durable decentralized liquidity, Nexus Mutual, an Ethereum-based insurance platform, staked treasury funds worth $2 million in the form of wrapped NXM (wNXM) tokens in decentralized trading protocol Bancor.

Blockchain.News Presents: State of DeFi Survey
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Blockchain.News Presents: State of DeFi Survey

Blockchain.News State of DeFi Survey

TemDAO World Heritage Project Helps the Cultural Sector through Democracy-Fueled Donations
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TemDAO World Heritage Project Helps the Cultural Sector through Democracy-Fueled Donations

TemDAO is a world heritage project that seeks to protect and preserve cultural assets through donations and democracy. The project, powered by the $TEM token, ensures the long-term sustainability of global cultural sites.

Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects
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Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects

Famed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform

Polygon Co-Founder Proposes zk-Powered ApeChain
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Polygon Co-Founder Proposes zk-Powered ApeChain

A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.

Dragonfly Capital Completes $3.5M Seed Round Funding For Debt DAO
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Dragonfly Capital Completes $3.5M Seed Round Funding For Debt DAO

Dragonfly Capital completed a $3.5 million seed round for crypto credit protocol Debt DAO, according to a press release.

How Does MakerDAO Stay Compliant on over 400 Global Partnerships?
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How Does MakerDAO Stay Compliant on over 400 Global Partnerships?

MakerDao has over 400 global partnerships active throughout the world. So how does Maker manage to remain compliant with users in over 120 separate and specifically financially regulated jurisdictions?

Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized
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Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized

Chainalysis research study shows that most DAOs are not actually decentralized as they are intended to be, instead, they are normally controlled by a few founder members. In fact, they are designed to prevent an accumulation of power by a few members.

SushiSwap CEO Proposes New Token Model
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SushiSwap CEO Proposes New Token Model

SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.

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