Many members of the Ethereum Name Service’s decentralized autonomous organization have voted in favor of allowing recently removed director of operations Brantly Millegan to stay on as the ENS Foundation director. According to a tally of roughly 2.4 million ENS DAO users recorded as of Thursday, more than one million are against removing Millegan as director of the ENS Foundation. The users account for more than 42% of the vote, with 28.61% voting in favor of removing the ENS director and 29.29% abstaining with two days remaining to submit. “The DAO shall decide whether Brantly Millegan is deemed capable, or …

Reports emerged on Mar. 3 of an exploit discovered on the TreasureDAO Marketplace NFT trading platform that allows a user to buy items at zero cost no matter the listing price or floor price of the collection. Security specialist for Metamask and MyCrypo harry.eth tweeted on Mar. 3 around 1 am UTC, confirming that there is a flaw in the code on Marketplace which allows a user to purchase nonfungible tokens (NFTs) for 0 MAGIC. At least 28 Smol Brains and Smol Brains Land NFTs appear to have been taken using this exploit so far at the time of writing. …

Radio Caca (RACA) is a decentralized autonomous organization, or DAO, that has partnered with top global universities to build a metaverse for students to study and play. Its blockchain ecosystem, powered by its native token RACA, consists of the United States of Mars (USM) metaverse, a nonfungible token, or NFT, marketplace and a play-to-earn, or P2E, game called Metamon. Cointelegraph spoke to the RACA team about its plans for user growth within the DeFi, NFT and P2E game spaces. At the time of publication, RACA ranked among the top 20 metaverse tokens on CoinMarketCap with a $327 million market capitalization. …

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century. Jack Dorsey, Twitter’s ex-CEO and Bitcoin (BTC) aficionado, is not a big fan of Web3 — or at least of what its grand vision is shaping up to be. Users won’t own the next iteration of the internet, he asserts again and again. Instead, venture capital funds pumping millions into blockchain and Web3 projects will be the ones to hold the reins. But, will they, …

The metaverse still sounds like a concept straight out of a science fiction novel to many. But many are shaping the development of this online realm without even knowing it, through their participation in immersive video games like Fortnite. On a larger scale, over the last two years, the world has witnessed entirely new communities moving to online interactions, including work, socialization and exercise in a hybrid experience. These early online activities were later met by gamers and blockchain leaders working together in strategic alliances. The intention is that rather than disjointed online and offline experiences, the world will become …

“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which decentralized autonomous organizations (DAOs) have the most potential in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up, the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which DAO has the most potential. Will it be Bourgi’s pick of MonkeDAO, with its …

Within the first week of the Russia-Ukraine war, the Ukrainian government has reached out to the crypto community on Twitter for raising funds to support its civilians and troops. Ukraine has now started accepting Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) as donations. As Russia threatens to take over Ukraine’s capital city of Kyiv, the government of Ukraine sought help from numerous international organizations to overpower the imminent threat. However, considering time is of the essence, the official Twitter account of Ukraine extended its call for help to Crypto Twitter. Stand with the people of Ukraine. Now accepting cryptocurrency donations. …

The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced. In the last couple of years, the DeFi and NFT industries have experienced immense levels of growth and, currently, metaverses and Web3 are the technologies making the digital space light up. It is not yet clear where these disruptive technologies will lead us, but we are sure that there will be much value up for grabs. At the convergence of Web3 and NFTs lie many platforms looking …

DAO startups Given the unconventional administrative structure of a DAO, it’s more likely that new startups will adopt it than existing companies, which would have to spend enormous resources and funds to make the transition. The simple, secure and transparent way to raise investments through the funds pooling DAO mechanism gives investors the chance to support early-stage decentralized startup projects while sharing risks and profits collectively. This is why DAOs are particularly suitable for new businesses. Their straightforward initiating process allows new companies to focus on growing the organization rather than complicated bureaucratic hurdles. Furthermore, startups can quickly scale their …

There are now more art collectors than ever before, who are coincidentally the wealthiest in history. The result is a global industry, defined by luxury and attracting only the ultra-rich to compete for a select few brand-name artists. However, art is much more than a luxury good; it can be an investment with little research. Hence why most high-end art purchasers buy with the intent that their pieces will rise in value. Unfortunately, owning a work of art at this caliber is not realistic for the everyday buyer. Fortunately, with the emergence of blockchain technology, physical assets can be fractionalized, …

Laura Shin, a cryptocurrency journalist and host of the Unchained Podcast, claimed to have discovered the identity of the individual behind an exploit which drained more than 3.6 million Ether from Germany-based startup Slock.it’s The DAO in 2016. According to a Tuesday Bloomberg report, Shin claimed that she had “extremely strong evidence” that Mimo Capital co-founder Toby Hoenisch was responsible for removing more than 3.6 million Ether (ETH) from The DAO in June 2016 — roughly $50 million at the time. An unknown hacker used an exploit to drain roughly a third of The DAO’s ETH supply, forcing developers to …

A new proof of concept decentralized autonomous organization, or DAO, called FriesDAO wants to democratize access to the fast food industry. Cointelegraph spoke to FriesDAO advisors Brett Beller and Bill Lee about their mission to be a "part of something that will connect crypto and virtual ownership to real-world assets.” FriesDAO aims to acquire and scale fast food restaurant franchises like Popeye's, Burger King and Taco Bell by inviting FRIES token holders to run a decentralized network of Quick Service Restaurants, or QSR. Starting with Subway franchise owners, the FriesDAO team hopes to guide their partners about the blockchain space. …