Earnings season saw U.S. tech stocks plummet, while crypto prices rising caused a cascade of liquidations this week.
The post The week in markets: Crypto prices soar in value and cause billions in liquidations appeared first on The Block.
Mark Zuckerberg may love the metaverse, but here’s one upcoming web3 game he might not be too happy about. The Rabbit Hole features characters that are “posed to defend Web3 from the corporate overlord, Metazuckbot.”
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The founder and CEO of crypto exchange FTX had a significant stake in Twitter, a source with direct knowledge of the matter told The Block.
The post Sam Bankman-Fried set to cash in up to $100 million from Musk’s Twitter purchase appeared first on The Block.
Block and Coinbase will announce their Q3 earnings on Thursday. The delayed Cosmos vote for its new security model is scheduled for Monday. NFT.London kicks off on Thursday.
The post Here are three big stories in crypto to look out for this coming week appeared first on The Block.
Dogecoin was ranked as the eighth largest cryptocurrency on Saturday afternoon.
The post Dogecoin rallies after Elon Musk’s Twitter takeover appeared first on The Block.
Quick Take
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- BNB Chain has been a stalwart in the DeFi ecosystem since its initial surge to prominence in 2021, maintaining a significant share of volume and TVL throughout a volatile year in crypto
- Much of its consistency can be attributed to the enduring popularity of the PancakeSwap DEX
- As the stablecoin landscape has started to evolve with the rising usage of BUSD on trading platforms, DeFi development on BNB Chain has started to become increasingly focused on enhancing stablecoin and BNB liquidity in the ecosystem
FTX CEO Sam Bankman-Fried “won’t push against the community’s strategy” on crypto regulation, he said on Twitter.
The post FTX’s Bankman-Fried to let ‘Crypto Twitter take the wheel’ on digital asset policy appeared first on The Block.
Bank of America is looking to bolster its government relations team with a crypto expert.
The post Bank of America seeks crypto public policy expert to draft bills, spot ‘key risks’ to business appeared first on The Block.
Bloomberg suggested several ways that Musk, who has had a complicated relationship with cryptocurrencies, might bring more crypto into Twitter.
The post Elon Musk could bring more crypto into Twitter: Bloomberg appeared first on The Block.
Some of the notable stories included Elon Musk’s takeover of Twitter, Meta’s dwindling financials and Google’s foray into blockchain node services.
The post Here are the five biggest crypto stories of the past week appeared first on The Block.
