ArkotNews

Rook Labs and activist investors reached a deal that returns millions of dollars to the former DAO.

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.

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

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

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

The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.

An industry report is expected to outline best practices in areas including due diligence and risk management.

Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.

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

Earlier this month, the floor price on the original Trump NFT collection jumped after the news of his indictment, but the new Series 2 release has sent the first collection’s price downward.