To DAO or Not to DAO: An Existential Question Looms for DeFi Networks
Decentralized autonomous organizations or DAOs are not legally considered persons or entities. So how do you catch a happy ghost?
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The Gemini-CFTC Feud Turned Love Fest
What started as a minor enforcement action now reads like a farce: hidden fee schemes, missing disclosures, and a CFTC that wants a do-over –minus the refund.
Aave, Arbitrum, DAOs & Trouble Ahead
A hack turns into a courtroom stress test: when “decentralized” systems reveal their control points, long-settled property law – not crypto norms – decides who gets paid, and who gets exposed.
Clarity Cuts Both Ways: The Digital Asset Market Clarity Act Exposes DeFi’s Legal Contradictions
Draft rules for the Digital Asset Market Clarity Act are exposing contradictions at the heart of web3 lobbying, as industry players push back against the very DeFi exemptions and developer protections they once demanded.
The Woeful State of Web3 Auditing, And What Can Be Done
Crypto audits have evolved from catching real bugs to listing quantum computing risks and noting that "code quality could be improved." As programmers got better at avoiding basic mistakes, auditors started padding reports with generic warnings, leaving the actual risks buried or ignored entirely.
Latest
The ENS DAO Treasury Mess
A simple, profitable protocol with little real governance is now facing a treasury fight it was always heading toward—ENS’s looming payout exposes how incentives, not ideals, have shaped its DAO from the start.
Twenty-Eight Banks Move Real Tokenized Money Across Borders in Largest BIS Test Yet
JPMorgan, Citi, UBS settle $1M in cross-border payments in ~80 seconds through shared ledger — a structural step toward programmable financial infrastructure
Strategy's $8.6B Loss Masks a More Fundamental Question: Is the Capital Model Broken?
Q2 print shows $122.4M revenue and $8.62 GAAP loss as Saylor faces first earnings call with bitcoin sales as an official capital tool.
Coinbase Misses on Both Transaction and Subscription Revenue – Diversification Story Faces a Test
Q2 revenue of $1.22B falls short by $70M as subscription services also disappoint in a lower-crypto-price environment