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The sale, which began September 2020, ended Monday over concerns of the stability of the DAI stablecoin.

Core Scientific had stopped paying Priority Power Management in May 2022.

DefiLlama is not planning a LLAMA token, the decentralized finance platform said on Twitter after an internal conflict spilled into public view over the weekend. 

“There is no LLAMA token currently planned, and any airdrop will be discussed with the community, as every important decision is,” DefiLlama said in a Twitter thread. 

A pseudonymous DefiLlama employee, 0xngmi, forked a version of the blockchain data platform over the weekend after accusing the company’s founders of launching a token without support.  A day earlier, DefiLlama hinted about a token airdrop on Twitter, something that some contributors said would go against much of the team’s wishes.  

“We would like to put what happened behind us,” DefiLlama wrote on Monday. “The DeFiLlama team would like to apologize for the events that unfolded yesterday, as a result of poor communication and a misunderstanding within the team.”

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin mining stocks tracked by The Block were mixed on Monday, with 11 gaining and the other eight declining.

Bitcoin fell 1.6% to $27,927 by market close.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The U.S. Supreme Court will hear arguments in its first ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class action lawsuits against the exchange.

The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.

The director of The Graph Foundation and a speaker at this year’s Consensus festival, on why NFT artists should get royalty payments and why online pseudonymity matters.

The data may reflect investors’ need for liquidity during the banking crisis, a CoinShares report says.

If crypto and financial developments move overseas, it could be a threat to U.S. national security, Carole House, co-author of President Biden’s executive order on crypto, said.

The strategic partnership is aimed at simplifying the process of onboarding game studios and developers into Web3.