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Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to defend itself from legal actions against the organization and
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A pioneering female in the male-dominated realm of crypto, Moy co-founded Onyx by JPMorgan, a business unit focused on digital assets and blockchain built using a permissioned version of Ethereum. She was also an early advocate for JPMorgan to bank crypto companies including Coinbase and Gemini. Source
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Andreessen Horowitz’s (a16z) late-stage venture fund has received a green light from the U.S. Federal Trade Commission (FTC) for a transaction involving Coinbase. It is unclear at press time whether the approval is for the fund’s previously disclosed purchase of shares in the cryptocurrency exchange or for a new purchase. Source
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