ArkotNews

The DAOs native token, VITA, rose 3% on news the community was considering the proposal.

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.

South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.

Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,” and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.

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 price increase addresses the question of whether ether would rise or fall following the completion of the hard fork.

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.

The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services.