ArkotNews

The upgrade may in time attract a new group of investors, Brian Mosoff, said.

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.

Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.

Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.

The change improves support for exchanges and may bring faster development, Avalanche says.

Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.

The Arbitrum Foundation has pledged not to move 700 million ARB tokens until the DAO passes a budget for handling the controversial sum.

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”

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.

Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.