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Meta’s NFTease and AI’s Impact on Web3

Meta’s NFTease and AI’s Impact on Web3

Meta Platforms announced it was ending its support for NFTs after less than a year from its initial test program. The move is a setback for Web3 creators who use social media to promote their art and interact with their community – and signals that Meta maybe hasn’t yet figured out how to dive into Web3.

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Coinbase’s proposed overseas trading venue would offer derivatives: Sources

Coinbase has briefed market-making and trading firms about the plans to roll out the platform in an offshore jurisdiction in a move that will pit it against rival Binance, which dominates the space.

The post Coinbase’s proposed overseas trading venue would offer derivatives: Sources appeared first on The Block.

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Bitcoin around $27,000 leading crypto rally into the weekend as traditional markets slide

After a couple of slower days, most cryptocurrencies once again rallied between late Thursday and Friday morning, with Bitcoin leading the charge.

The post Bitcoin around $27,000 leading crypto rally into the weekend as traditional markets slide appeared first on The Block.

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Smart contracts are neither smart, nor contracts. Polygon’s policy chief on jargon and pushing ahead.

Rebecca Rettig, Polygon Labs’ new chief policy officer, is joining the company at a time when policy and regulation is at the forefront of the crypto industry conversation.

The post Smart contracts are neither smart, nor contracts. Polygon’s policy chief on jargon and pushing ahead. appeared first on The Block.

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Fireblocks reported vulnerability, now patched, in BitGo TSS wallets

The vulnerability could have exposed users’ private keys to hacks; the company has released a patch and urged clients to update.

The post Fireblocks reported vulnerability, now patched, in BitGo TSS wallets appeared first on The Block.

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Solana-based NFT website Formfunction to shut down on March 29

Another Solana ecosystem player is shutting down as NFT marketplace Formfunction says its website will close on March 29.

The post Solana-based NFT website Formfunction to shut down on March 29 appeared first on The Block.

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BlockSec prevents $5 million from being stolen on Paraspace

BlockSec, a smart contract audit firm, prevented a hacker from stealing 2,900 ether ($5 million) from the NFT lending project Paraspace amid a major vulnerability.

The post BlockSec prevents $5 million from being stolen on Paraspace appeared first on The Block.

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Bitcoin miner Marathon sees Q4 revenue decline 58% to $28.4 million

The bitcoin miner had been expected to report revenue of around $38.4 million for the quarter.

The post Bitcoin miner Marathon sees Q4 revenue decline 58% to $28.4 million appeared first on The Block.

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Crypto prices continue to climb despite market uncertainty

The price of bitcoin continued to trade up today, hovering just below $25,000 toward the close of traditional markets.

The post Crypto prices continue to climb despite market uncertainty appeared first on The Block.

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Bitcoin mining report: March 16

Bitcoin mining stocks were higher on Thursday.

The post Bitcoin mining report: March 16 appeared first on The Block.

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