ArkotNews

The upgrade may in time attract a new group of investors, Brian Mosoff, said.

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.

The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.

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.

Lido needs to complete security audits of its V2 upgrade before it can allow withdrawals.

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

The European Commission raised the risks to privacy, openness, cybersecurity and equality in online virtual worlds.

‘White hat’ hackers are working to recover more of the stolen funds as of Monday.

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

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