FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a splinter group called FloorkDAO that was controlled by activist investors and comprised of dozens of disaffected holders who opted to join their exodus. The splinter group quickly initiated a redemption that paid nearly $5 per FLOOR, close to this year’s high water mark for the struggling asset, which is currently trading at $3.88.
Binance Boosts Compliance Workers by 34% Yr-Over-Yr, Citing Business’s ‘Speedy Maturation’
Although Teng’s brief tenure as CEO has actually accelerated Binance’s compliance efforts, the trade started making an effort to be...