Coinbase founder Brian Armstrong has decided to reduce his stake in the firm by two percent by selling part of a 16 percent stake before the end of this year. At the same time, he remains the head of the business and has more than 50% control of votes.
All proceeds from this deal will go towards ResearHub's biotechnology and research activities.
Most likely, Brian Armstrong is looking for a topic similar to the discovery of cryptocurrencies, which made him a billionaire. But there is an option that the company may go bankrupt due to crypto winter and pressure from regulators in the end. By the end of the 3rd quarter, the firm had lost 82 percent of its capitalization.
Uniswap developers proposed to launch the third version of the site in the L2 zkSync solution. This Ethereum scaling protocol - in seventh place in the L2beat list, which is compiled by using the level of TVL investments, blocked by users. By early November, with the launch of the zkSync 2.0 network, this may change.
A future update will introduce users to the first Ethereum L2 add-on with ZkRollap that is compatible with the EVM virtual machine. This move will interest smart contract creators and expand the list of DeFi platforms, thereby increasing the number of exchanges that most users prefer to do on Uniswap.
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