6 stories mentioning it. Newest first.
A DAO is an internet-native organization with no boss — run by code and member votes. Here's how DAOs work, what they're used for, and where they struggle.
A quorum that cleared by 0.3% of supply handed an attacker 99.9% of one vote and 4.43 trillion BONK tokens, the cheapest legal theft the sector has seen.
A decade after the most consequential smart-contract breach in crypto history, the Ethereum ecosystem has channelled the lesson into a $130 million security fund — a direct institutional response to…
October's $50M+ loss proved unrecoverable: no new financing, no growth, and no path back — the protocol will keep running for user exits but stops building.
The point isn't whether chains are immutable in theory — it's whether governance can move fast enough when it isn't.
In 2016, an attacker drained $50M from The DAO and split Ethereum in two. Here is what happened, who chose what, and why it still matters.
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