Meta, Microsoft, and Others Launch Metaverse Standards Group

Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech.

Indian Crypto Advocacy Body Press for Restoration of Instant Retail Payments Service – UPI (Report)

The local crypto-focused organization has sought time for a meeting to discuss the issue and understand the regulator’s concerns.

Maker cuts off Aave's DAI supply as fallout from Celsius continues

The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH. MakerDAO has voted to cut off lending platform Aave’s ability to generate DAI for its lending pool without collateral as the risks of Celsius’s liquidity crisis loom large over the entire crypto ecosystem.The decentralized autonomous organization (DAO) made the decision as a means of mitigating the Maker protocol’s exposure to the beleaguered staking and lending platform in case Celsius goes belly up and implodes the stETH peg as well.stETH is a token representing an amount of ETH that is staked on the Lido staking platform.

Kraken reiterates hiring targets as CEO denounces 'woke activists' in corporate culture

"We recognize that hurt feelings are inevitable in a global organization that is optimizing for team outcomes above individual sentiment," said the team at Kraken.

Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse

Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse.

What are investment DAOs and how do they work?

Investment DAOs where crypto-rich buyers team together to back startups or make investments work based on governance rights enforced through smart contracts. What is an investment DAO?A decentralized autonomous organization (DAO) that raises and invests capital into assets on behalf of its community is an investment DAO.

Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries

During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory.

xtingles Expands its Effort to Bring Wellness into Web3 Through Deep Life Labs

[PRESS RELEASE – New York, USA, 9th June 2022] xtingles, the premier launchpad for ASMR NFT collectibles, has announced it is expanding its effort to bring ASMR into Web3 by forming Deep Life Labs (DLL), a parent organization that will help create even richer, more meaningful ASMR experiences and collectibles on the xtingles platform.

Al Jalila Foundation Sets the Ball as First Charity Organization in the UAE to Accept Crypto Donations

To bridge the gap between physical and digital currency regarding giving, Al Jalila Foundation has become the first healthcare charity in the United Arab Emirates (UAE) to accept crypto donations.

UAE Charitable Foundation Receives Approval to Accept Crypto Donations

Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations.

Utopia Labs Raises $23m in Series A Led by Paradigm Capital

Utopia Labs, a Decentralized Autonomous Organization (DAO) management startup has announced it has raised $23 million in a Series A funding round led by Paradigm Capital (Read More)

One Crypto Project Could Gain Unbelievable Influence Over Ethereum, According to Coin Bureau

A widely-followed crypto analyst says one decentralized autonomous organization (DAO) may amass a monumental influence over leading smart contract platform Ethereum (ETH).