Decentralized autonomous organization

Avraham Eisenberg, a trader involved in a staggering $110 million cryptocurrency theft, will stand trial in a New York court on Dec. 4. U.S. District Judge Richard Berman in Manhattan announced the trial date for Eisenberg, who faces charges including commodities fraud, commodities...

Whale activity has surged as major crypto holders continue to accumulate an Ethereum (CRYPTO: ETH) Layer 2 governance token, Arbitrum (CRYPTO: ARB). On-chain analysis shows that Andrew Kang of Mechanism Capital recently acquired an additional 1.51 million Arbitrum tokens at $1.23, using...

UNICEF, the United Nations' children's relief and humanitarian aid organization, is exploring the development of a decentralized autonomous organization (DAO) concept. "We are in the process of creating a DAO prototype to ensure equitable distribution of power and communication in the...

The Arbitrum Foundation, which is the major player in Ethereum's (CRYPTO: ETH) Layer 2 scaling landscape, announced the launch of a new token called ARB (CRYPTO: ARB). This token will be distributed to community members via an airdrop on March 23, marking the official transition of...

Cryptocurrency group ConstitutionDAO has failed in its bid to buy a rare first-edition copy of the United States Constitution at a public auction by Sotheby's on Thursday.  What Happened: ConstitutionDAO, a decentralized autonomous organization, took to Twitter to announce that it did not...