But these firms are simply creating more and more of their products shipped on-chain, said M^0 Labs CEO Luca Prosperi, who believes a centralized party should not mint stablecoins and should not continue to fractionalize liquidity. As such, M^0 takes some of the original ideas of MakerDAO, where Prosperi was a community leader, but makes that vision more institutional.
China’s Leading Blockchain Advocate Faces Investigation
Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The...