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The document proposes more tax reforms, clearer accounting standards and a DAO law.

The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.

The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.

ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.

The goal of the proposal is to let Euler users redeem their funds as soon as possible.

Highly skilled crypto users have reportedly lost an estimated $10 million in stolen funds since December, MyCrypto founder Taylor Monahan said.

Developers asked users to revoke contracts as a security measure early Sunday.

‘White hat’ hackers are working to recover more of the stolen funds as of Monday.

The PFP project will release (RED)-themed merchandise to raise funds for The Global Fund to Fight AIDS, Tuberculosis and Malaria.

ALSO: Asia-Based Traders Push Bitcoin Past $30K