ArkotNews

The FTT exchange token is up 17% on the news.

Speculative NFT project Nakamigos has recently broken into the NFT spotlight, spawning copycat projects such as Magamigos and Nakamigas that capitalize on the trend. But while meme projects may offer short-term gains, they rarely offer long-term value and ought be scrutinized.

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.

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

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 staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.

The production of the so-called Blocksale chips was announced about a year ago.

Under a new proposal Lido would accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.

The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand.