Golden Web3.0 Daily | UAE will introduce a legal framework for DAO

DeFi data

1. Total market value of DeFi tokens: US$77.835 billion

DeFi total market value data source: coingecko

< 2. The transaction volume of decentralized exchanges in the past 24 hours was 13.374 billion US dollars. .cn/7309939_watermarknone.png" title="7309939" alt="ZRpNy8qmWdQi4btJXRzt8wpyZDQz2uGRHYk3ASvr.png">

Data source for the transaction volume of decentralized exchanges in the past 24 hours: coingecko

3. Assets locked in DeFi: US$87.733 billion

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The top ten rankings of DeFi projects and locked-up data source: defillama

NFT data

1. NFT total market value: US$28.798 billion

2.24-hour NFT trading volume: 1.761 billionUSD

NFT total market value, market value ranking of the top ten projects data source: Coinmarketcap

3. Top NFTs within 24 hours

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The top ten NFTs with the highest sales growth in 24 hours. Data source: NFTGO

Headlines

UAE to introduce legal framework for DAOs

The United Arab Emirates is focusing on Ras Al Khaimah Digital Asset Oasis (RAK DAO), a free economic zone for digital assets, is about to introduce a legal framework for decentralized autonomous organizations (DAOs). Law firm NeosLegal and RAK DAO said the new system will be launched and discussed at the DAO Legal Clinic on October 25. NeosLegal partner Irina Heaver said the framework is expected to clarify how DAOs can remain legally compliant, which she believes will have a significant impact on the UAE’s The announcement stressed that the legal structure will clarify tax obligations and benefits. It will also enable property ownership of on-chain and off-chain assets and provide DAO founders, members, and Provide contributors with legal protection from personal liability. The legal framework will also enable the DAO to enter into legally binding contracts and establish guidelines for resolving internal and external disputes.

NFT Hotspots

1.Data: NFT on Telegram Activity surged 400% in the third quarter

Golden Finance reported that Web3 data provider Helika reported that in the third quarter NFT activity on Telegram surged 400%, with the number of unique wallets transferring NFTs in Telegram every day surging from less than 200,000 in July to more than 1 million in September. In September, 3 million active wallets were recorded in 9 Telegram games. In addition to increased NFT activity, Telegram players are also playing for longer periods of time. Helika said the average gaming time per user increased from 2.8 minutes in August to 6.7 minutes in early October.

DeFi Hotspots

1. The first phase of Karak V2 mainnet has been launched

Golden Finance reported that the re-staking layer Karak V2 mainnet will be launched soon, and it is expected to be launched in three phases The first phase has been launched. Karak V2 mainnet will support the migration of all assets and networks of V1, and the points acquisition will not be affected.

2. Jupiter opens query for active equity pledge rewards in the third quarter

Golden Finance reported that according to the official page, Jupiter's third quarter active equity pledge rewards (ASR) are now open for inquiry. ASR has a 30-day claim window, all Unclaimed ASR funds will be returned to the DAO Treasury, and the DAO can decide their future use.

3. EigenLayer X account suspected to be hacked, released fraudulent links

Golden Finance reported that EigenLayer X account suspected to be hacked, A tweet about the redistribution of the remaining EIGEN tokens from the Season 2 Stakedrop was published. It contains a scam link and users should interact with caution. Mudit reminds users not to click on any links and emphasizes that there are currently no new airdrop plans.

4. The DEX Ambient front-end on the Scroll chain is suspected to have been hacked Attack

On October 17, according to the announcement in the Discord channel of Ambient Finance, the DEX protocol on the Scroll chain, the front end was suspected to have been attacked by hackers. Users should not Sign transactions and avoid interacting with dApps.

5< BNB beacon chain will stop running on November 19th

Golden Finance reported that BNB Chain announced the BNB beacon chain hard fork It will take effect at 14:00 on November 19, 2024 (block height 384,544,850). Nodes on the BNB beacon chain mainnet must be updated to version 0.10.24. At that time, the BNB beacon chain will stop running and new transactions will no longer be processed.

6. Kaiko: Wash trading by DeFi issuers is still "widespread"

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.