DAO | ForkLog - Part 3

ForkLog 146 27.06.2025

Across Protocol Team Accused of Withdrawing $23 Million from DAO; ACX Token Falls 10%

The price of Across Protocol’s token (ACX) has dropped by more than 10% following accusations against the team of manipulating the DAO and engaging in insider trading prior to its listing on Binance. TLDR: Across Protocol/Bridge ($ACX) team used secret votes to extract ~$23m from the Across DAO’s treasury for their own private company’s benefit. […]

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ForkLog 85 20.06.2025

Jupiter Team Halts DAO Operations

The team behind the Solana-based DEX aggregator, Jupiter, has suspended DAO voting until 2026, according to Chief Operating Officer Kash Dhanda. This decision follows a wave of criticism from the community. Pausing DAO Voting to Focus on Jupiter & Jupiverse@JupiterExchange stands at the edge of an inflection point. The window to define the future of […]

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ForkLog 132 06.06.2025

Yuga Labs Proposes Dissolution of ApeCoin DAO

Yuga Labs has proposed the dissolution of the ApeCoin DAO, suggesting the creation of a new structure to advance the APE token ecosystem. Greg Solano, CEO of Yuga Labs, described the organization as a bold yet outdated experiment. He remarked that the promising initiative had turned into a “slow, noisy, and often unserious governance theatre.” […]

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ForkLog 55 01.05.2025

The distributed worker

May 1st is a fitting moment to examine how cryptocurrencies, Web3 and blockchain are reshaping work. Freelancers and salaried employees worldwide are increasingly paid not in roubles or dollars but in USDT or ETH. Some do so to sidestep blocks and banking hassles, some to capitalise on loyalty to an employer, others because there is […]

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ForkLog 39 21.04.2025

NFT Project Plans to Acquire Nuclear Bunker for DAO

The team behind Dead Bruv, developers of the NFT project Meatbags, has initiated a crowdfunding campaign to purchase a plot of land in England featuring a decommissioned Cold War-era bunker. Meatbags, grab your masks and your bug out bags. April 21, we’re kicking off #buythebunker—the weirdest crowdfunded property purchase on the internet ever ? pic.twitter.com/WV0WPyYbva […]

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ForkLog 38 18.04.2025

Liberland Celebrates Its Tenth Anniversary

From April 11 to 13, a conference was held to mark the tenth anniversary of the self-proclaimed microstate of Liberland. Among the speakers was its Prime Minister and TRON leader Justin Sun, reports Bitcoin.com. The event took place in the village of Liberland Ark in Apatin, Serbia. In his address, the TRON leader discussed how […]

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ForkLog 48 18.04.2025

HTX DAO Approves Initial Community Governance Proposals

On April 17, the decentralized autonomous organization HTX DAO announced the successful adoption of its first two governance proposals. The initiatives were approved through HTX token voting, according to a press release. HTX DAO initiated on-chain voting on TRON for HTX token holders on April 9. The proposals, adopted under the HIP (HTX Improvement Proposal) […]

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ForkLog 95 16.04.2025

HTX DAO Burns $19.2 Million Worth of Tokens in Q1 2025

On April 15, the decentralized autonomous organization (DAO) HTX DAO completed its latest quarterly token burn. During the first quarter of 2025, 11.3 trillion HTX tokens were destroyed, amounting to over $19.2 million, according to a press release. HTX DAO implemented the mechanism in early October 2024. As part of its deflationary model, the DAO […]

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ForkLog 57 11.04.2025

HTX DAO Launches On-Chain Voting on TRON for HTX Token Holders

On April 9, the decentralized autonomous organization (DAO) HTX DAO introduced an on-chain voting mechanism on the TRON blockchain. Now, all HTX token holders can vote on any active proposals on the DAO’s website, according to a press release. Representatives of the HTX crypto exchange state that HTX DAO will soon expand the scope of […]

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ForkLog 190 17.03.2025

DAO 3.0: the next-generation legal architecture

It is now hard to imagine blockchain without decentralised autonomous organisations (DAOs). They have revolutionised collective governance and helped the industry move markedly closer to genuine on-chain democracy. Yet as DAOs become more complex and expand in scale, they increasingly collide with legal systems rooted in national jurisdictions and the concept of natural and legal […]

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ForkLog 92 14.03.2025

Bancor DAO Loses Case Due to Court Absence

A federal court in Texas, USA, issued a default judgment against Bancor DAO, which managed the eponymous DeFi platform. The decision to close the case resulted from the defendant’s failure to appear in response to a summons posted in January 2024 on the decentralized autonomous organization’s forum. The court sided with the plaintiffs, who filed […]

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ForkLog 48 03.03.2025

Why consensus matters more than democracy

What is consensus not only technically but socially, and why does it extend far beyond democracy and assorted voting schemes? Web3 researcher Vladimir Menaskop shares his view with ForkLog readers. From the author In 2017 ForkLog ran an article about consensus, which, among other things, said: “Many anthropologists believe that consensus was a universal system […]

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