The upgrade may in time attract a new group of investors, Brian Mosoff, said.
ArkotNews
Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.
Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
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.
Ether Price Swings Upward After Ethereum Upgrade, but What About the Future?
The price increase addresses the question of whether ether would rise or fall following the completion of the hard fork.
If Crypto OGs Are Being Hacked, Where Does That Leave the Rest of Us?
Highly skilled crypto users have reportedly lost an estimated $10 million in stolen funds since December, MyCrypto founder Taylor Monahan said.
DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand.Â
First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?
Happy 48th Birthday, Satoshi Nakamoto
We love you but we don’t miss you.
Japan Approves Web3 White Paper to Promote Industry Growth in the Country
The document proposes more tax reforms, clearer accounting standards and a DAO law.
Crypto Exchange Zipmex Files for Two-Month Moratorium Extension
The request comes after an investor failed to maintain payments to the exchange.