“The internet is civilization’s town square, and the economic contract is now obsolete,” wrote Sam Ragsdale on an a16z Crypto blog on Sunday.

Crypto exchange Gemini is facing a proposed class-action lawsuit over what a complaint alleges is an “abrupt corporate pivot to a prediction-market-centric business model” after its IPO.

The World Gold Council says it will develop a platform to connect physical gold to the systems used to issue and manage tokenized gold products.