Centralization Comes to DeFi as Group Behind MIM, SPELL Tokens Mull Legal Shakeup
A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens.
24H Price
The MAGIC price is $0.5485, a change of 0.49% over the past 24 hours as of 9:12 p.m. The recent price action in MAGIC left the tokens market capitalization at $130,651,368.40. So far this year, MAGIC has a change of 3.93%. MAGIC is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens.
A representative told CoinDesk that all BONK tokens used to mint the NFTs will be permanently burned.
Coronavirus is changing fintech as we know it while Magic Leap crashes. This is CoinDesk's Markets Daily Podcast.
Matter Labs is using "mathematical magic" to speed up transactions on ethereum. Now Placeholder VC and others are investing $2 million in the project.
CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
Diving in deeper on cryptocurrency.