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Max Williams, chief operating officer at Runa Digital Assets, noted the upgrade will allow developers to focus on improving users' experience.

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.

Ronit Ghose says increasing use blockchain technology will be driven by digital financial instruments.

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

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 brothers had tried to get outside investment, Bloomberg said.

Robin Vince said the lender won't be as aggressive as other banks have been in trying to gain crypto deposits.

The firm started its fund as more crypto projects seek non-U.S. jurisdictions.

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

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