UPDATE: FactorDAO pseudonymous founder Kurapika told CoinDesk that some 5 bullet points were mistakenly left earlier in the protocol's docs, and corrected later on, addressing rumors floating on Crypto Twitter.
Arbitrum-based asset management protocol FactorDAO released its much-awaited staking service on Monday, days after ending a token sale on the decentralized exchange Camelot.
Factor has since hit back on those claims. The protocol's pseudonymous founder Kurapika further told CoinDesk in a Telegram message that the allegations were started by an anonymous Crypto Twitter user referring to minor documentation mistakes accidentally left in Factor's technical documents. Despite the tremors, Factor has focused on releasing its staking and vaults services for users in the past week.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Arbitrum-Based FactorDAO Releases Staking Service Amid Code ControversyIt's been a rollercoaster few days for FactorDAO as the Arbitrum-based project sees controversies and volatile trading for $FCTR tokens after one of the most hyped launches in recent weeks. By shauryamalwa.
Read more »
Crypto lawyers flame Gensler over claims that all crypto are securitiesSEC chair, Gary Gensler, stated all cryptocurrencies besides Bitcoin (BTC) are securities under his agency’s jurisdiction, but crypto lawyers have quashed the claim saying it's up to the courts to decide.
Read more »
Crypto Broker Voyager Digital Sends $121M in Crypto to Exchanges, Sells Ether, Shiba Inu HoldingsBlockchain transaction data by Arkham Intelligence shows that Voyager Digital transferred some $121 million of crypto assets to exchanges in February and received some $150 million in USDC stablecoins in the last four days, likely proceeds from sales.
Read more »
Coinbase to halt trading of Binance USD for not meeting listing standardsThe crypto exchange said the decision was based on its most recent review of the stablecoin.
Read more »
Twitter makes another round of layoffs, cuts 10% of workforce: NYTElon Musk's San Francisco based Twitter made another round of layoffs over the weekend.
Read more »
Twitter Blue head Esther Crawford is reportedly out at TwitterThe company’s team is getting smaller.
Read more »