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Sunday, June 30, 2024
bitcoin
Bitcoin (BTC) $ 61,533.49
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Ethereum (ETH) $ 3,391.18
tether
Tether (USDT) $ 0.999513
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BNB (BNB) $ 575.94
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tron
TRON (TRX) $ 0.125271
HomeFinanceBankless controversy forces founders to burn tokens and separate from DAO
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Bankless controversy forces founders to burn tokens and separate from DAO

Amid the continuing controversy round cryptocurrency media Bankless and the related decentralized autonomous group (DAO), BanklessDAO, the founders of Bankless have advised separating the model from the DAO.

Bankless co-founders David Hoffman and Ryan Sean Adams plan to submit a governance proposal to BanklessDAO to separate the 2 entities. The co-founders took to X (previously Twitter) on Nov. 26 to announce that additionally they plan to burn all of their BanklessDAO (BANK) tokens on the again of this proposal.

BanklessDAO’s training and onboarding marketing campaign for Arbitrum. Supply: Arbitrum Basis

Proceed Studying on Cointelegraph

See also  Central banks wish to look below crypto’s hood — Is that this a optimistic signal?
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