Three Arrows Capital receives notice of default from Voyager Digital
Three Arrows Capital (3AC) has received a notice of default from Voyager Digital for failing to make payments on BTC and USDC loans. Hedge fund Three Arrows Capital (3AC) has been issued a notice of default from cryptocurrency exchange Voyager Digital for failing to make payments on a loan for 350 million USD Coin (USDC) […]
Report: Less than 1% of all holders own 90% of DAOs voting power
Recent analysis says less than 1% of holders own 90% of the voting power in DAOs, emphasizing how concentrated decision-making authority is. To create a proposal, a user must own between 0.1 percent and 1 percent of the total amount of tokens in circulation, and to pass it, they must hold between 1 percent and […]