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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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...