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The brothers had tried to get outside investment, Bloomberg said.

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

Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.

The latest price moves in crypto markets in context for April 10, 2023.

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.?

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

ETH’s share of the total crypto market capitalization rose to a one-month high, according to TradingView data.

Zero-token value transfers will no longer be visible by default as a way of preventing “address poisoning” hacks.

Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.

The change aims to make Helium faster and cheaper to operate.