Voting news
The Agenda podcast explores how DAOs can strengthen workers’ rights
Collective action, labor struggle and protest go hand in hand, and it’s no secret that unionizing and organizing to fight for workers’ rights is a tedious task. But is there a way to simplify and boost the efficiency of the process? On this week’s episode of the newly launched podcast The Agenda, Cointelegraph senior copy editor Jonathan DeYoung and head of markets Ray Salmond sit down with Larry Williams Jr., co-founder of TheLaborDAO, and Daniel Carias and Dustin Tong, co-founders of theCaféDAO, to discuss the state of workers’ rights in the United States and how blockchain can strengthen labor movements. …
Blockchain / Dec. 28, 2022
'Metaverse’ a top 3 contender for Oxford’s Word of the Year
The word “Metaverse” is one of three in the running to be crowned the Oxford "Word of the Year” (WOTY) in a competition run by the Oxford University Press (OUP), the publisher of the Oxford English Dictionary. OUP officially announced the launch of the competition and its three finalist words for 2022 on Nov. 22 with this year marking the first time the public can participate in voting for the WOTY. “Metaverse” will compete against the terms “#IStandWith” and “Goblin Mode”. 1️⃣ metaverse Usage increased as we discussed #hybrid working, debated the ethics, and wondered about the feasibility of an …
Adoption / Nov. 23, 2022
Election tally: Does blockchain beat the ballot box?
In October, Greenland was reported to be exploring the feasibility of an online voting platform for its national elections. Among the options being considered is a blockchain-based system. That isn’t entirely surprising. Electronic voting, or e-voting, has long been viewed as a promising use case for blockchain technology. “It’s time for online voting,” wrote Alex Tapscott in a New York Times opinion piece in 2018. “Using blockchain technology, online voting could boost voter participation and help restore the public’s trust in the electoral process and democracy.” It seems especially timely now as large swaths of the world’s population are raising …
Adoption / Nov. 21, 2022
MakerDAO Risk Core Unit makes urgent parameter change request in light of recent market events
The MakerDAO Risk Core Unit, a key group within the MakerDAO governance system, submitted an urgent request today to change collateral parameters for the DAOs stablecoin, DAI. Primoz, a member of the Risk Core Unit team, posted the request to the MakerDAO Forum. “In light of recent events in the crypto ecosystem and surrounding uncertainty regarding financial stability and asset liquidity of various entities and their possible relations with token governed protocols, we are proposing following temporary emergency measures” The message proposed that the debt ceiling for MATIC, LINK, YFI, renBTC vaults should be reduced by the following amounts: MATIC: …
Technology / Nov. 11, 2022
Single-issue crypto voters weigh in on midterms before US Election Day
On Nov. 8, registered voters across the United States will cast ballots for political candidates to represent them at the local, state, and federal level — and for some people, crypto is the main issue. Voters took to social media amid early voting in certain U.S. states and ahead of Election Day to proclaim that despite many of the issues driving people to the polls — including ensuring free and fair elections, gun control, and abortion — digital assets were at the forefront of their decision-making process. President Joe Biden's term doesn't end until January 2025, but the future majority …
Regulation / Nov. 8, 2022
Crypto and decentralization could influence voters in 2022 US midterm elections: Report
A poll of 800 likely midterm voters in four U.S. swing states suggested that the overwhelming majority favored ideas around decentralization, and many were HODLers. According to a Sept. 29 report from venture capital firm Haun Ventures conducted by business intelligence company Morning Consult, roughly 1 in 5 voters polled in New Hampshire, Nevada, Ohio, and Pennsylvania said they owned cryptocurrency or nonfungible tokens. In addition, 91% of respondents supported a “community owned, community governed” internet that “gives people greater control over their information.” “Significantly, and reflective of how the values that voters associate with Web3 will drive electoral behavior, …
Regulation / Sept. 30, 2022
US lawmaker hints at calling for Republican votes in 2022 Midterms over crypto policies
North Carolina Representative Patrick McHenry may have used his virtual appearance at a cryptocurrency conference as a soapbox for calling for votes in the 2022 United States midterm elections. In a prerecorded message for the attendees of the Converge22 conference in San Francisco on Sept. 29, McHenry suggested that the goal of a “clear regulatory framework” for digital assets could drive U.S. lawmakers to develop legislation. The Republican lawmaker used terms including “bipartisan consensus” and support from both major political parties over certain regulatory frameworks related to digital assets and stablecoins before seemingly encouraging crypto users to vote red in …
Regulation / Sept. 29, 2022
Aave devs look set to receive $16.3M via retroactive funding
The DAO behind the decentralized finance (DeFi) platform Aave has accepted a proposal to reward members from Aave Companies with $16.28 million in retroactive funding for their role in the development of Aave Protocol V3. Voting for the proposal began on Sept. 6, and at the time of writing has already passed 667,000 votes in favor of the funding, more than doubling the 320,000 required. The vote is set to end on Sept. 8. According to the initial proposal, which was first pitched on Aug. 10, the Aave Request for Comment (ARC) seeked “retroactive funding” for work in developing the …
Blockchain / Sept. 8, 2022
Coinbase, whose CEO called most politics a 'distraction', launches voter registration tool
Coinbase, a crypto exchange whose chief executive officer previously said doesn’t “advocate for any particular causes or candidates internally that are unrelated to our mission,” has launched a voter registration portal as part of a crypto policy education initiative. In a Thursday blog post, Coinbase chief policy officer Faryar Shirzad said the crypto exchange will offer users the opportunity to register to vote in the United States through a Capitol Canary website. According to the policy head, the voter registration tool was part of an initiative aimed at giving the crypto community “tools to participate in the critical policy discussions …
Business / Aug. 25, 2022
Aave calls on members to commit to Ethereum PoS chain
Aave token holders have been asked to take part in an Aave Request for Comment (ARC) that would require them to "commit" to Ethereum’s proof-of-stake (PoS) consensus. The ARC, proposed on Aug. 16, comes in light of Ethereum's upcoming transition to proof-of-stake. It calls for members to select the Ethereum Mainnet running under PoS consensus as the new “canonical” governance system, while also giving power to an authority to shut down any Aave deployments on any alternative Ethereum forks. ARC for the Aave DAO to signal support PoS ETH upon The Merge https://t.co/0A4YkpHLdq — stani.lens @ ETHLatam (,) (@StaniKulechov) August …
Ethereum / Aug. 17, 2022
Tornado Cash DAO goes down without explanation following vote on treasury funds
The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury Department’s Office of Foreign Asset Control. At the time of publication, the Tornado Cash DAO was offline reportedly following a discussion in which community members voted unanimously to add its governance layer as a signatory to its treasury’s multisig wallet, which manages a reported $21.6 million. It’s unclear what was responsible for the decentralized autonomous organization (DAO) going dark, but it followed a series of actions taken by different authorities and private entities in …
Business / Aug. 12, 2022
Number of DAOs increases 8x along with spike in votes and proposals
The total number of decentralized autonomous organizations (DAO), the number of governance proposals put forward and the number of votes cast have all seen astounding 8-times growth over the past 12 months. Data compiled by Snapshot Labs and shared by Electric Capital Engineer Emre Caliskan in a Thursday tweet highlighted that DAO numbers have increased by 8.8 times, from 700 in May 2021 to 6,000 now. The number of proposals has increased by 8.5 times, and the number of total votes has increased by 8.3 times over the past 12 months, from 448,000 to 3.7 million. 1/ DAO governance activity …
Decentralization / June 10, 2022