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Anonymous Turns to CultDAO for Support Against Unjust Government Actions | by The Capital | The Capital | May, 2022

by The Capital
May 12, 2022
in Cryptocurrency
Reading Time: 4 mins read
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Nameless, the worldwide activist group accountable for white-hat hackings, announced that it intensifies its struggle in opposition to Russia and different unjust nationwide governments. To this finish, it’ll supply funds from crypto tasks with “comparable conceptions,” similar to CultDAO.

The announcement comes within the wake of the cyber warfare between Nameless and Russia, which started shortly after the Russian invasion of Ukraine, on March fifteenth. The hacktivist group has typically supplied assist in opposition to governments and organizations, which, in its views, act unjustly in the direction of harmless individuals.

Shortly after the Nameless announcement on Wednesday, CultDAO reiterated its assist for the hacktivist group by “funding the revolution.”

CultDAO is a community-driven decentralized autonomous group looking for to empower people into acquiring extra monetary freedom. This could occur by accelerating the mass adoption of decentralized finance (DeFi), which transfers monetary management from centralized establishments into the arms of the individuals.

In its support-showing tweet, CultDAO mentioned:

“$CULT is totally decentralized & can fund these causes & revolutionaries that are ordered offline by governments & centralised entities, as we noticed in Canada.”

The assertion makes a reference to the notorious motion from Canada’s Prime Minister, Justin Trudeau, in February. Then, the Canadian authorities froze the financial institution accounts of these donating to Ottawa’s Freedom Convoy protest and compelled Simply Giving to refund 9 million in donations for the protest. In return, individuals turned to Bitcoin to proceed supporting the protests as the favored cryptocurrency can’t be topic to governmental or banking restrictions.

CultDAO features in keeping with its manifesto, which goals to assist initiatives favoring decentralized monetary techniques. Exhibiting assist for Nameless in opposition to unjust governmental actions aligns with the group’s final purpose. Thus far, CultDAO has agreed to donate 13 ETH to the trigger.

About CultDAO

Cult DAO is a blockchain-based DAO aiming to usher within the “decentalized finance revolution.” Its purpose is to empower individuals with the required instruments to “break free from societal, financial and different norms.” To this finish, its members can vote on funding for tasks specializing in decentralized functions.

The protocol makes use of CULT, a hyper-deflationary token for its a number of operations in assist of DeFi operations. For extra details about Cult DAO, please comply with the hyperlinks beneath:

|Web site |Cult DAO Manifesto | Twitter | Telegram | Discord|Medium|

Disclaimer: This text isn’t meant to be a supply of funding, monetary, technical, tax, or authorized recommendation. All of this content material is for informational functions solely. Readers ought to do their very own analysis. The Capital isn’t accountable, instantly or not directly, for any harm or loss precipitated or alleged to be attributable to reliance on any data talked about on this article.





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