Wyoming’s ‘DAO law’ passes State Senate in a 28-2 vote
The upper chamber of Wyoming’s legislature has passed a bill that, if approved, would clear the way for decentralized autonomous organizations, or DAOs, to become incorporated under state law.
The upper chamber of Wyoming’s legislature has passed a bill that, if approved, would clear the way for decentralized autonomous organizations, or DAOs, to become incorporated under state law.
The amount of Ethereum locked across decentralized finance protocols and smart contracts have hit a new all-time high of over 9 million.
Anthony Scaramucci, head of SkyBridge and its affiliated Bitcoin fund, believes that, over time, Bitcoin may bring returns comparable to those made by Amazon after twelve years of holding: 64x.
Earlier this week, the price of Bitcoin surged over $61,000, gaining more market dominance at the same time. While questions around its volatile price and potential to hedge inflation remain, experts like French economist, Marion Laboure concluded that Bitcoin is now “too important to ignore. Other than BTC’s trillion-dollar market cap, its “scope for a continued rise in prices,” play key roles in its growth.