MakerDAO, the issuer of DAI stablecoin, is reportedly moving forward with a proposal to onboard an account to Coinbase prime and transfer about $1.1 billion (33% of its USDC) into custody. The platform could earn around 15 million USDC in annual revenue by moving assets to Coinbase, MakerDAO says. Porter Smith, an a16z deal partner,…

Breaking crypto news from the last week (Oct. 15 – 21, 2022): Oct. 15: TRON founder Justin Sun announced a merger between the TRON network and the Heco Chain. In his words, the TRON and BitTorrent chain network will merge with developers from Heco. Sun made this announcement a day after revealing his Huobi tokens…

Top investment deals across the crypto sector over the last week (Oct. 15–21, 2022): BofA survey: Younger investors are 7.5 times more likely to hold crypto in their portfolios Bank of America’s survey of wealthy Americans revealed that younger wealthy Americans are 7.5 times more likely to hold crypto in their portfolios than investors aged…