The DAO, infamous for its 2016 hack that drained millions of ETH, has been relaunched as TheDAO Security Fund with about 75,000 ETH worth $220 million. This fund uses unclaimed ETH from the original exploit to support Ethereum network security through staking and grants. It generates around $8 million annually to fund security initiatives via DAO governance, including quadratic and retroactive funding methods. Ethereum co-founder Vitalik Buterin is among the fund's curators, aiming to sustainably protect the network while allowing original DAO token holders to claim their share of unclaimed ETH.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
