Acquired by Metal. Syed Jafri Now Works For the Company that Acquired Lynx.

This is a developing story. More information will be included as it becomes available.

Via the MetalPay Blog:

“Following its recent acquisition of Lynx, and the launch of its Metal X cryptocurrency exchange, The Metal Neo Bank Payment Platform has acquired, the leading Block Explorer and Dev Team for EOSIO.”

“The vision of Proton and Metal is compelling” said Syed. “Combining Neo Banking with an ultra fast blockchain is the future for payments”.

Terms of the deal were not disclosed. Syed has described it as an ‘acqui-hire’, where one company buys another primarily to hire its employees.

EOS Cafe Block Block Producer

It’s unclear what will happen with the EOS Block Producer, EOS Cafe Block, which owned Bloks in partnership with HKEOS. Cafe Block is currently the 35th ranked BP on EOS, earning over 150 EOS per day.

Update: a bit more insight into this.

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