Browsing: DAO

The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. A group of investors has filed a class-action suit against the Bancor decentralized autonomous organization (DAO); its operator, BProtocol Foundation; and its founders in the United States District Court for the Western District of Texas. The

Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas? Using cryptocurrencies for employee compensationSeveral companies have already started paying employees in crypto. There are several advantages to using cryptocurrencies for employee compensation, especially for companies with a global workforce. First, cryptocurrencies are borderless,…

The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation. Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part of CityCoins last year, allowing…