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Aiccelerate DAO will add vesting structure in response to criticism of launch

Aiccelerate DAO faces criticism for token distribution to insiders, leading to quick sales post-launch. The organization plans to implement a vesting structure for greater fairness.

theblock.co • 11/01/2025 - 20:12 PM

The Daily: World Liberty Financial teams up with Ethena, Polygon rejects $1.3 billion stablecoin proposal and more

World Liberty Financial, the fledgling DeFi project supported by President-elect Donald Trump, announced a “long-term collaboration” with synthetic dollar project developer Ethena Labs, starting with the implementation of sUSDe as a collateral token on the WLFI protocol. Polygon community members rejected a recent preliminary proposal to deploy $1.3 billion in stablecoins from the PoS Chain bridge for yield generation, citing security and user consent concerns. Ethereum Name Service (ENS), which simplifies address resolutions on blockchains, selected Consensys-backed Linea’s zkEVM technology to build its Namechain Layer 2 network as part of the ENSv2 upgrade. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 18/12/2024 - 19:53 PM

The Daily: Pudgy Penguins' PENGU token goes live, LastPass exploiters drain millions of dollars in crypto and more

Pudgy Penguins launched its PENGU token while LastPass breach-related hacks continue. Lido phases out Polygon staking, and Tether invests in StablR for European stablecoin adoption.

theblock.co • 17/12/2024 - 19:11 PM

The Daily: Binance unveils reward-bearing asset BFUSD, Movement introduces the MOVE token and more

Binance is set to launch BFUSD on Nov. 27, a reward-bearing margin asset that generates passive rewards by simply holding it or trading futures with it. Movement developers have unveiled plans for its native MOVE token as an ERC-20 on Ethereum, with a total supply of 10 billion tokens. Talus Network has raised $6 million in a strategic funding round led by Polychain Capital at a $150 million valuation. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 26/11/2024 - 19:24 PM

Aiccelerate DAO will add vesting structure in response to criticism of launch

The Daily: World Liberty Financial teams up with Ethena, Polygon rejects $1.3 billion stablecoin proposal and more

The Daily: Pudgy Penguins' PENGU token goes live, LastPass exploiters drain millions of dollars in crypto and more

The Daily: Binance unveils reward-bearing asset BFUSD, Movement introduces the MOVE token and more

Binance Labs makes first foray into DeSci sector with investment in BIO Protocol

'Not your keys, not your blockchain': DEGEN L3 can't switch 'rollup-as-a-service' providers from firm holding its keys

Just four entities account for nearly all the votes to keep MakerDAO's rebranding to Sky

TON Foundation launches Society DAO to drive decentralized governance and ecosystem growth

US government trades Aragon’s ANT tokens for ETH ahead of planned token burn

GnosisDAO is launching a new $40 million venture fund targeting real-world assets, crypto infrastructure and payments

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