Charles Hoskinson goes all-in on Cardano and Midnight after $250 million hospital shutdown

Charles Hoskinson, Cardano's founder, is turning his public focus back to the blockchain network, and Midnight, one of his largest ventures outside crypto, prepares to close. The shift comes at a difficult moment for the Cardano founder. His Wyoming health care project is winding down after years of investment, while the blockchain he helped build […]

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Aave says creditors are trying to seize stolen ETH before victims get their $71M back

Aave filed an emergency motion last week to free millions in frozen ETH from a restraining order issued against the Arbitrum DAO, turning what began as a coordinated exploit recovery into a court dispute. Aave LLC said the restraining notice was served on Arbitrum DAO on May 1 and seeks to seize approximately $71 million […]

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The DAO dream is over? Billion dollar crypto company shuts down, kills token launch citing ‘no users’

Crypto governance company, Tally, processed more than $1 billion in payments, served more than a million users, helped secure over $80 billion in protocol assets, completed a 60-day US ICO registration process, and then decided to kill the token sale and shut down anyway. The company stated that the market for venture-backed governance tooling does […]

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If the SEC stays softer, Aave’s DAO could start capturing $100M+ annualized revenue

Aave Labs posted a governance proposal on Feb. 12 asking tokenholders to endorse a strategic package that would direct 100% of Aave-branded product revenue to the DAO treasury, formalize brand protection, and center the roadmap on Aave V4. The initiative was named the “Aave Will Win Framework.” The proposal hasn't been implemented yet, as an […]

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