Ethereum's most infamous experiment is back. Not as a venture fund, but as something the ecosystem arguably needs more: a permanent security budget. On Jan. 29, a group of Ethereum veterans announced plans to convert roughly 75,000 ETH in decade-old recovery funds into a staked endowment whose yield will finance smart contract security work across […]
The post TheDAO’s leftover rescue money sat for a decade now it’s becoming Ethereum’s permanent $220M security budget appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Some funds that were initially sequestered to help refund “edge case” victims of The DAO hack will fund a new Ethereum security effort.
According to the report, $13.5 million will be allocated to security grants distributed through DAO-style mechanisms
The plan could redirect millions of dollars worth of Optimism protocol revenue "to align the OP token" with the Superchain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on every weekday.
He called for a new wave of DAOs that focus on critical functions, like data maintenance and dispute resolution, with more sophisticated governance.
Buterin said new DAO models should address issues of privacy and decision fatigue, for which he suggested the use of ZK and AI technology.
Aave founder Stani Kulechov says Aave Labs may share non-protocol revenue with AAVE token holders amid governance debate.
The battle for control of Aave, the $52 billion decentralized lending giant, has escalated from a debate over interface economics into an open civil war regarding governance legitimacy. What began as a dispute over $10 million in annualized swap fees and brand ownership has, in the last 24 hours, mutated into a bitter procedural fight […]
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A dispute over who controls Aave’s brand and online assets has moved to a vote, sending the token sharply lower.
An AAVE token holder proposed that Aave DAO commandeer Aave Labs' IP and equity, essentially turning it into a DAO subsidiary.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cayman foundation formations climbed more than 70% year over year to exceed 1,300 by the end of 2024, extending a multi-cycle shift toward offshore structures. According to a Cayman Finance report, early 2025 data showed that more than 400 additional registrations indicate the trend has continued despite recent moves by the United States to recast […]
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Aave, the largest decentralized lending protocol, has historically taken a maximalist approach towards deploying on new blockchains.
Uniswap founder Hayden Adams and key Uniswap Foundation leaders proposed a plan to burn UNI tokens and merge the organizations.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ether.fi has proposed a $50 million ETHFI buyback program, joining Aave and OpenSea as token buybacks surpass $1.4 billion in 2025.
MetaMask Director of Product Christian Montoya previously told The Block that the hot-wallet platform is “launching a new loyalty program.”
Aave DAO is considering a proposal from Marc Zeller’s Aave Chan Initiative to create a permanent $50 million annual token buyback program.
The Arbitrum Foundation has hired Brendan Ma, formerly of Immutable and Goldman Sachs, as its head of investment strategy.
Under the restructuring plan, the DAO is set to report to the Scroll Foundation, which will retain veto authority where necessary.
The measure replaces the current unlimited issuance model, which minted 120 million DOT annually without a supply cap.
World Liberty Financial’s community is throwing near-unanimous support behind a new governance measure aimed at strengthening the value of its native token, WLFI. The proposal, introduced earlier this month, would direct fees collected from protocol-owned liquidity (POL) to repurchase tokens on the open market and permanently destroy them. The vote, which opened on Sept. 11, […]
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Aave, the largest decentralized lending protocol, has proposed reducing its exposure to governance risks within the Ethereum layer-2 network, Scroll’s ecosystem. The initiative, submitted on Sept. 11 by the Aave Chan Initiative (ACI), comes amid mounting instability in Scroll’s decentralized governance model. The proposal outlines several defensive measures to protect Aave’s users and liquidity pools. […]
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Scroll DAO will pause its governance mechanism amid a redesign and leadership exits, according to a delegate.
The Uniswap Foundation spearheaded a coalition of 18 major cryptocurrency organizations in petitioning Treasury Secretary Scott Bessent for federal guidance on decentralized autonomous organization (DAO) compliance. In a Sept. 2 letter, Uniswap Foundation cites persistent legal uncertainty that has driven innovation offshore. The document advocates for federal recognition of Wyoming’s Decentralized Unincorporated Nonprofit Association (DUNA) […]
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The Wormhole Foundation is looking to counter an offer made by cross-chain messaging rival LayerZero to purchase Stargate.
Ethereum’s evolution has followed a trajectory many analysts predicted, from a high-growth utility asset powering decentralized applications, to a maturing store of value that institutions and long-term holders are beginning to recognize. How Ethereum Enters Traditional Finance Ethereum’s journey as a store of value has followed a predictable but powerful curve, and ETH’s rise has been less of a surprise than a confirmation of history. Analyst Cas_Abbe has highlighted on X that since the ETH launch in 2015, what began as an experiment among cypherpunks and developers slowly found its footing in ICOs, DAOs, and retail adoption. By 2020, ETH had taken on a far more serious role, serving as the core collateral layer of Defi, drawing in funds, family offices, and crypto-native VCs. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records Then in 2022 was the year the conversation changed and ETH reached its milestone, of Macro funds, corporates, and eventually ETF issuers. The financial advisors also started to pay attention to ETH, recognizing that its role is extended far beyond utility. Presently, ETFs are live, and large institutions are building positions, pension funds, and global allocators are beginning to engage. According to Cas Abbe, this is the real inflection point, where finance runs on cycles, and history has shown a clear pattern that once pensions and institutions normalize an asset class, central banks are never too far behind. ETH is no longer a niche tech bet; it is evolving into a recognized monetary asset. The curve is slow at first, followed by early adopters, speculative capital, and then institutional adoption. However, the history shows that ETH is now firmly on that trajectory, and the final stages have accelerated rapidly. ETH Becoming The Era Of Tokenized Assets Crypto investor known as Ted on X has mentioned that Ethereum would power the next era of finance, and currently, trillions are flowing through its ecosystem. Institutions are building on it, and ETH has transformed into a yield-bearing reserve asset. Related Reading: Ethereum Is ‘The Biggest Macro Trade Over The Next 10–15 Years,’ Says Tom Lee The Ethereans have always known that ETH would scale, while rollups have turned congestion into capital, and reliability will matter as nearly a decade online without interruption has proven critical. Transactions are now cheap, measured in mere cents, not dollars, which is allowing value to move globally with efficiency. Everything is becoming tokenized: stablecoins, real-world assets, NFTs, corporate treasuries, it’s all on-chain. ETH is the foundation upon which companies from nimble startups to Fortune 500 giants are building as the default. Decentralization will be valued as a global neutral settlement layer for the world. ETH is no longer just a technological experiment, with companies buying and staking it. Institutions now recognize it as productive collateral. Ethereum is powering the future of finance, and what was once considered a bold prediction has become an inevitability. Featured image from Getty Images, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.