Wednesday, March 29, 2023

A US court rules bZx protocol meets the definition of a general partnership and finds token holders of the DAO liable for losses from a $55M hack in 2021 (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk:
A US court rules bZx protocol meets the definition of a general partnership and finds token holders of the DAO liable for losses from a $55M hack in 2021  —  Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...