Blockchain News

Confirmed: Aave Abandons New Token Plan for Horizon Project Amidst Community Concerns

In a significant development for the Aave ecosystem, Aave Labs founder Stani Kulechov has officially confirmed that the proposed Horizon project will not involve the creation of a new token. This announcement comes after considerable debate and strong community feedback regarding the initial proposal, which had suggested a potential token issuance for the initiative focused […]

Blockchain News

Shocking Default Judgment: Bancor DAO Faces Securities Violation in Texas Court

In a dramatic turn of events for the decentralized finance (DeFi) space, Bancor DAO, the entity behind the popular Bancor platform, has been hit with a default judgment in a Texas federal court. This ruling intensifies the ongoing debate about crypto regulation and the legal responsibilities of Decentralized Autonomous Organizations (DAOs). For those deeply involved […]