Researchers Plan 'Unstoppable' DAO to Help Whales Save Themselves
In an attempt to better understand the technical, legal and sociological impact of decentralized autonomous organizations (DAOs) a group of researchers is planning to launch a DAO that would seek to "save the whales". Far from an elaborate trolling, the early-stage effort is backed by big universities and researchers seeking to develop a new understanding of how leaderless organizations, powered by a collection of global stakeholders and enabled blockchain technology, could have a real-world impact on wildlife. To date, the effort is being led by researchers at the University of....
Related News
On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding gives Unstoppable Domains a post valuation of $1 billion, pushing the blockchain startup up to unicorn status. Unstoppable Domains Joins the Growing List of Crypto Unicorns, Raising $65 Million Unstoppable Domains, the company that’s issued more than 2.5 million non-fungible token (NFT) domains, revealed it has closed $65 million in a Series A funding round at a $1 billion valuation. The....
Accenture, a $75 bln consulting and professional services firm, revealed in its report that the implementation of Blockchain technology could save investment banks up to $12 bln a year. The report entitled “Banking on Blockchain, a Value Analysis For Investment Banks” released by Accenture Consulting in collaboration with Aon, is based on a survey which the firm’s researchers conducted with eight major investment banks. According to the report, the utilization of Blockchain in supplementing manual processes and operations of banks can save organizations up to 30 percent in annual savings....
India's largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban. India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs.Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected to reduce remittance costs and simplify the transaction process for the exchange’s 1.2....
The number of Bitcoin whales is increasing as the price of BTC continues to rise. The number of whale addresses holding Bitcoin (BTC) have hit a new all-time high, the latest data shows. This can be considered bullish, particularly as the price of BTC is showing staying power above $50,000.The increase in the number of whales indicate that high-net-worth investors are actively accumulating Bitcoin as the bull market continues.Number of addresses holding $1m Bitcoin. Source: GlassnodeWhy is the rising number of whales important?During bull cycles, the price of Bitcoin could be at risk of a....
Terra’s CEO, Do Kwon, reappeared early Wednesday to present an emergency plan to save UST and LUNA. To protect against network governance attacks, the business proposes burning all UST in the community pool, burning the remaining 371 million UST cross-chain on Ethereum, and stakeing 240 million LUNA. Terra Plans To Save LUNA And UST The […]