PeopleDAO
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Overview of important developments in the evening of March 12
12:00-21:00 Key words: US FDIC, Silicon Valley Bank, PeopleDAO, Powell Interpretation of this information: The message suggests a significant development in the banking sector in the United States. The United States Federal Deposit Insurance Corporation (FDIC) has reportedly granted a deposit insurance coverage to a Silicon Valley- based bank known as the Silicon Valley Bank. This is an important regulatory milestone for the Silicon Valley Bank, which serves as a major financial institution in the technology and innovation hub. Moreover, the message also mentions the engagement of PeopleDAO, a decentralized…
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PeopleDAO multi-signature wallet was attacked and 76 ETHs were lost
On March 12, PeopleDAO tweets showed that when PeopleDAO’s community vault on the digital asset management platform Safe (formerly Gnosis Safe) issued a monthly contributor award on March 6, it was stolen 76 ETHs (about $120000) by hackers through social engineering attacks. This event has nothing to do with the PEOPLE token contract. PeopleDAO collects monthly contributor reward information through Google Form. The accounting principal mistakenly shared a link with editing rights in the public channel of Discord. After the hacker obtained editing rights through the link, he inserted a…
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PeopleDAO cooperates with WTF Academy to try the Soulbound protocol on the Goerli test network
On February 21, PeopleDAO cooperated with WTF Academy, the Web3 open source learning community, to try out the Reputation NFT protocol Soulbound on the Goerli test network. Use cases are similar to obtaining course credits. When the students of WTF College complete the course, they will receive a non-transferable certificate, namely the education certificate. Interpretation of this information: The message is about a collaboration between two entities – PeopleDAO and WTF Academy – to test the Reputation NFT protocol Soulbound on the Goerli test network. This technology is being used…
