Co-founder Fernando Martinelli said he considered winding down the entire protocol but decided the team deserved a chance to restructure, with the DAO targeting zero emissions, fee restructuring, and a BAL buyback to offer holders a fair exit.
Balancer Labs will shut down as corporate entity became ‘a liability’ after $110 million exploit
Co-founder Fernando Martinelli said he considered winding down the entire protocol but decided the team deserved a chance to restructure, with the DAO targeting zero emissions, fee restructuring, and a BAL buyback to offer holders a fair exit.
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HashSphere is designed to allow highly regulated institutions such as payment providers and asset managers to transact stablecoins and tokenized assets.
ECC's CEO, Josh Swihart, claims the team was forced to leave because of changes that made their work untenable.
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The next trillion-dollar payments network won't have a checkout page. No card number, no CVV, no human at the keyboard. Just machines paying machines, thousands of times a second, for