Ethereum co-founder Vitalik Buterin says DAOs must move beyond simple token-voting treasuries and be redesigned to power core infrastructure like oracles and onchain courts. Ethereum co-founder Vitalik Buterin has called for new decentralized autonomous organizations (DAOs) designs, arguing that the sector needs more than token-voting treasuries if it wants to improve on traditional corporate and political structures. In a Monday X post, Buterin said that current DAOs often amount to “a treasury controlled by token holder voting.” That model is widely copied but it is “inefficient, vulnerable to capture and fails utterly at the goal of mitigating the weaknesses of human politics,” he said. Read more
Despite Ether’s rejection from $3,400, data suggested that ETH price could see a sustained recovery over the next few weeks, as long as a key support level held. Ether’s (ETH) price had dropped 7% since being rejected from the $3,400 mark last week, falling to key support levels. Data suggested that increased staking demand, coupled with renewed ETF inflows and strong technical support, could lead to a sustained recovery. Key takeaways: Ether queued for staking goes parabolic, with a 44-day wait time Read more