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The Premier League, one of the largest soccer organizations in the world, is allegedly having conversations with its teams about signing a multi-year deal with Sorare for digital collectibles.

The post Premier League weighs $34.7 million NFT deal with Sorare: Sky News appeared first on The Block.

After reporting nearly $4 billion in quarterly losses pursuing its metaverse strategy, Meta’s sheds a quarter of its market cap amid investor selloff.

The post Meta selloff erases quarter of company’s value after metaverse losses top $9 billion appeared first on The Block.

CFTC Commissioner Christy Goldsmith Romero compares recent market chaos to the conditions that brought about the 2008 financial crisis. 

The post CFTC commissioner warns of ‘parallel themes’ to 2008 financial crisis in crypto market appeared first on The Block.

Fintech firm Revolut plans to roll out a “spend from crypto” feature on Nov. 1.

The post Revolut to add crypto payment feature starting next month appeared first on The Block.

Sources in DC say that the Celo Foundation’s seven-month experiment in government relations came to an abrupt end. 

The post Celo Foundation cuts government relations team amid market turmoil: Exclusive appeared first on The Block.

Quick Take

• In this bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and bridges to network activity and funding.
• With days left before the mainnet launch of zkSync 2.0, there has been some scrutiny over some of the technical improvements that zkSync brings to the Ethereum ecosystem.
• The proof generation for zkSync is currently closed-sourced, which means that the sequencer for zkSync is centrally operated for now.
• In terms of adoption, zkSync has attracted a handful of applications that intend to deploy on the Solidity-friendly environment provided by zkSync 2.0’s zkEVM.
• zkSync has hinted at an eventual token, although the tokenomics, utility and distribution plan has yet to be communicated.

The company said that in the future it may release additional modified iterations of the project.

The post Art Blocks founder announces friendship bracelet NFT airdrop appeared first on The Block.

Quick Take

• On October 27, 2022, Mastercard reported Q3’22 earnings 
• Mastercard currently trades at $317.57 per share in intra-day trading 
• This is a follow up piece discussing Mastercard’s crypto initiatives 
• Disclaimer: This is a market commentary research piece and includes opinionated views from our research team. Nothing contained in this piece constitutes a solicitation, recommendation, endorsement, or offer by The Block Research

Shares of Core Scientific fell 75% after the bitcoin miner announced that it could run out of cash by the end of the year.

The post Core Scientific’s stock tanks 75% as troubled bitcoin miner floats bankruptcy appeared first on The Block.

Crypto investment firm Pantera Capital’s early-stage token fund is down 71% this year — but has still returned 372% to investors since 2017.

The post Pantera Capital’s early-stage token fund is down 71% this year: Exclusive appeared first on The Block.