Prop16, which narrowly passed, highlights the complexity and risks of on-chain governance. Author: David Z Morris

Cryptocurrency exchange Luno has launched an investment arm, through which it plans to invest between $15-$75 million a year into early-stage crypto and fintech entrepreneurs. Author: Jamie Crawley

Stop orders were triggered in the morning low-liquid market, one observer said. Author: Omkar Godbole

Push past $40,000 comes as major Asian equity markets open in the green at the start of Wednesday’s trading session and the market awaits Fed decision. Author: Lyllah Ledesma, Sam Reynolds

The Redpoint Ventures alum will focus on “early-stage DeFi, Consumer, and DAO-focused applications and protocols” while at Bain. Author: Brandy Betz