# The DAO News
July 31, 2018 by Eric Czuleger at
Altcoins, Business, Development, Ethereum, Finance, Mining, News, Platform
On July 30, 2015, Ethereum was launched by co-founders Vitalik Buterin and Joe Lubin. Three years on it has become the second biggest cryptocurrency in the world as well as creating an extensive blockchain landscape for all newcomers. A Constellation of Value Ethereum created a constellation of businesses branching off...
At around 14:30 UTC today, the 192,00th block of the Ethereum blockchain was mined, signalling a switch to a new blockchain in which the misappropriated DAO funds are returned to the original investors. It is an important milestone for the nascent blockchain, but the implications over the long run have...
ETH-USD is currently down over 3 percent on the Kraken exchange, trading at $12.04536 at the time of writing. Even though a ‘hard-fork’ has been proposed to address the attack on The DAO, uncertainty over the outcome of this solution has plagued the market and seen sellers dominate. Exchanges will hold...
The developers of Ethereum, a decentralized platform for applications, have given the community a chance to decide whether the Ethereum network should temporarily freeze the funds handled by the DAO in its version 1.4.7 of Geth (“Dao Wars”). The DAO, also known as the distributed autonomous organization, had more than...
Following the attack on one of Ethereum’s main applications, the DAO, where $50 million worth of ether (ETH) was moved to another entity, a debate about the proposed solutions has raged on in the community. The DAO is a digital pool of funds governed by code and the latest responses...
