While DAOs can’t precisely replace traditional VCs, they can potentially disrupt the crypto industry. What is a DAO? A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like Ethereum (ETH) and are owned and … Read more
Cardano-based accelerator program Genius X continues to attract ADA delegators after the launch of its ISPO. Cardano-based accelerator program Genius X has seen more than $105 million worth of ADA delegated to its initial stake pool offering (ISPO). This comes after the firm’s decentralized automated market maker and liquidity management protocol Genius Yield completed its … Read more
Casa simultaneously announced a new API designed to help its users interact with third-party services and the closing of a $21 million series A round. Casa has launched a new API that will enable third-party firms to interact with Casa wallets while users maintain full control of their private keys. The company also announced it … Read more
Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers. Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApps) built on the Near protocol, has launched a token fund worth $90 million. The fund was launched today … Read more