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.
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ROOK Investors Begin Swapping Tokens for $25M Crypto Treasury
Rook Labs and activist investors reached a deal that returns millions of dollars to the former DAO.
Safemoon Hacker Strikes Deal With Developers to Return $7.1M
The exploiter will retain 20% of the stolen funds as a bug bounty.
Privacy-Preserving Payments Shouldn't Be 'Niche', Monero Contributor Justin Ehrenhofer Says
Cake Wallet's vice president of operations discusses privacy in a post-Tornado Cash world, global data policies and Monero's "technical debt" ahead of Consensus 2023.
USDC Boasted Transparency but It Didn't Help When Silicon Valley Bank Got Into Trouble
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.
Ethereum's Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says
Max Williams, chief operating officer at Runa Digital Assets, noted the upgrade will allow developers to focus on improving users' experience.
Web3 Experiential Tokens and Asset Pricing
Web3 consumer engagement models are still in their infancy, but could have the potential to unlock incremental value and enable price discovery for creators and investors alike.
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
Hidden Inside MacOS, the Bitcoin White Paper
Satoshi’s vision exists in every version of MacOS from Mojave to Ventura, but is not in the older High Sierra (10.13) or earlier.
Ether Holds Near $1.9K as Shanghai Fork Approaches
ETH’s price slid 1.5% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is expected to occur April 12.