Activist investment


Finance

Hector Network Fight Centers on Efficacy of DAO Governance

The Olympus DAO fork is debating whether to tack on some of the hallmarks of a conventional corporation – something critics view as antithetical centralization.

Debate has ensued over the proliferation of BRC-20 tokens on the Bitcoin blockchain. (Кусмарцева Дарья / Getty Images)

Finance

DeFi Project Hector Network Mulls Legal Wrapper to Shield DAO

A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community.

Hector brought back to Troy (Wikimedia Commons)

Finance

Polychain Snubs Lucrative Crypto Arbitrage, Prepares to Trade $6M of ROOK Token on Uniswap

After activist investors successfully lobbied for a major overhaul of ROOK, a potentially very lucrative trading opportunity opened up for token holders.

Polychain CEO Olaf Carlson-Wee (Danny Nelson/CoinDesk)

Finance

Aragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis

After a week of bickering cooler heads began to prevail. The market responded with gusto.

Luis Iván Cuende - Cofounder & core contributor - Aragon (AsturixLinux)

Finance

Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight

After attempting to thwart what it called a "coordinated" attack on its town square, Aragon reiterated its “code is law” position.

(Maxime Gilbert/Unsplash)

Finance

Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT

The leader of SpartacusDAO is barred from touching $35 million in investor funds until he starts working with the court.

Spartacus (Gautier Poupeau/Wikimedia)

Finance

Aragon Bans at Least 6 DAO Members During Treasury Discussion, Alleging ‘Coordinated’ Assault

Their banishment from Aragon’s Discord for asking “probing questions” and using “inappropriate language” highlights the disconnect between the censorship-resistant ideals of crypto governance and the reality that insiders hold considerable sway.

(Danny Nelson/CoinDesk)

Finance

ROOK Token Holders Poised to Collect $25M Payout

Rook Labs and activist investors reached a deal that returns millions of dollars to the former DAO.

The riot pepe became a calling card of Rook's activist investors. (Hazard/Rook)

Finance

ROOK Investors Aim to ‘Rage Quit’ Through Plan to Liquidate $25M Crypto Treasury

Their vote could hand ROOK token holders a big payout.

(DALL-E/CoinDesk)

Finance

ROOK Token Surges Ahead of $50M Treasury Split Between Community and MEV Tech Builders

A proposal would divvy up Rook’s nearly $50 million crypto treasury between Rook Labs, which builds MEV technology, and the new Incubator DAO.

(DALL-E/CoinDesk)

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