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The DAO

The DAO is the first decentralized autonomous organization, which was created by a group of developers in April 2016.What Is the DAO?The DAO is the first-ever decentralized autonomous organization. It launched in April 2016 after an initial…

Badger DAO Appears to Have Lost Over USD 120M in an Attack

Badger DAO, a Decentralized Autonomous Organization (DAO) that allows Bitcoin (BTC) to be used as collateral in Decentralized Finance (DeFi) applications, has been the victim of an exploit. The project was originally thought to have lost…

Decentralized Autonomous Organizations (DAO)

A decentralized autonomous organization (DAO) is founded upon and governed by a set of computer-defined rules and blockchain-based smart contracts. What Are Decentralized Autonomous Organizations (DAO)?With the mass adoption of blockchain technology,…