Ten years after the famous hack, the DAO Security Fund has decided to stake the untouched ETH and use the yield to fund Ethereum security initiatives, honor claims indefinitely, and professionalize governance and key management.
The firm’s fourth fund positions it alongside a16z and Paradigm even as blockchain VC fundraising contracts and investors pivot toward stablecoins and tokenized finance.
Compass Point and Canaccord call BitGo a potential acquisition target and defend the stock despite its weak debut, citing growth in institutional crypto infrastructure.
We are officially entering the ‘crypto tax enforcement era’, but the new rules, written by people who don’t understand crypto, could have some big repercussions for the industry as a whole.
Crypto exchange says Marshall Beard, Dan Chen and Tyler Meade are departing effective immediately; Cameron Winklevoss to take on COO duties as board names interim finance and legal chiefs.