On Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management, and its partner Mirana ventures announced the creation of EduDAO with eight of the world's top universities including University of California Berkeley, MIT, Harvard and Oxford University.EduDAO is financed by the BitDAO treasury, and will … [Read more...] about Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3 innovations, financed by BitDAO treasury
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FreeRoss DAO Distributes Governance Tokens to Control $5.5M Treasury
Contributors to FreeRoss DAO were airdropped FREE tokens this morning as the collective decides on how to use its treasury to advance prison reform and free Ross Ulbricht, founder of the now-defunct influential darknet marketplace Silk Road.the $FREE token has been distributedhttps://t.co/t4vrKhNUnT— FreeRossDAO (@FreeRossDAO) December 16, 2021FREE tokens were distributed … [Read more...] about FreeRoss DAO Distributes Governance Tokens to Control $5.5M Treasury
Chatex Users Ask US Treasury to Release Crypto Frozen by Sanctions
Chatex says that it had over 370,000 registered users. Among them is Alexander, a 35-year old crypto trader who asked that his surname not be used, (“They don’t like crypto traders here in Russia,” he explained.) Chatex had multiple traders selling and buying crypto peer-to-peer, and a user-friendly interface and API, he said. Chatex also added new coins faster than most … [Read more...] about Chatex Users Ask US Treasury to Release Crypto Frozen by Sanctions
Bitcoin Under Pressure, Two-Year Treasury Yield Rises to 21-Month High as US Inflation Report Looms
“Like any financial asset, crypto will suffer from broad market moves. But in particular, crypto (proxied by bitcoin) this year seems to do better during periods when tech is outperforming,” Solot said in an email. “We can see this using a ratio of Nasdaq/S&P500. This correlation may be driven by some overlap of the investor base, or simply because both assets tend to be … [Read more...] about Bitcoin Under Pressure, Two-Year Treasury Yield Rises to 21-Month High as US Inflation Report Looms
Digital dollar needs broad consensus among authorities, says US Treasury Secretary
U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. Yellen said on Thursday that she had not formed a view on whether the Federal Reserve should create a digital version of the dollar, but such a move would require broad consensus among Congress, the U.S. … [Read more...] about Digital dollar needs broad consensus among authorities, says US Treasury Secretary