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After the attack, the Aragon Association canceled plans to give ANT holders DAO voting rights. Aragon, an open-source platform for decentralized autonomous organizations (DAOs), has canceled plans to offer its native Aragon (ANT) token holders voting powers over the organization’s future. In a May 9 tweet, the Switzerland-based Aragon Association claimed it performed its “fiduciary duty” by “repurposing the Aragon DAO as part of a new grants program” to protect its treasury and mission. After the “Risk Free Value (RFV) Raiders” attacked the recently formed Aragon DAO with a 51% attack, the decision was made to manipulate ANT for financial benefit. Today, the Aragon Association fulfilled its fiduciary duty to secure its money by converting the DAO into a grants program. Today, the Aragon Association acted on its fiduciary duty to secure its treasury by repurposing the Aragon DAO into a grants program. This is a respo...

AXS price has formed a "gravestone" doji on its daily chart that coupled with its recent token unlock event hint at a potential bearish reversal ahead. Axie Infinity (AXS) has rallied 135% month-to-date to reach approximately $14 on Jan. 23, its highest level in two months. Nonetheless, the AXS/USD pair could suffer major losses in the coming weeks owing to a flurry of negative technical and fundamental indicators. Axie Infinity price prints "gravestone" doji The AXS price formed a "gravestone doji" candlestick on Jan. 23, which technical analysts view as a bearish reversal pattern. A gravestone doji appears when an asset's opening, closing, and the lowest price comes to be nearly identical except for the highest price, as shown in the chart below. The long upper wick shows that the bears pared all of the gains printed by the candle during the given session. AXS/USD daily price chart featuring gravestone doji. Source: TradingView AXS seems to have b...