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Kraken becomes the latest crypto exchange to restrict Russia-linked accounts

Kraken becomes the latest crypto exchange to restrict Russia-linked accounts

Kraken is now restricting Russian accounts in line with EU sanctions, according to emails obtained by The Block.

The post Kraken becomes the latest crypto exchange to restrict Russia-linked accounts appeared first on The Block.

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Analysis of Tesla’s Q3’22 Earnings

Quick Take

  • Announced Q3’22 earnings on October 19, 2022
  • Reported $1.05 Adj. EPS, +9.4% on consensus expectations of $0.96 
  • Reported $21.5bn Total Revenue, +2.9% on consensus expectations of $21.0bn
  • Tesla’s $218mm digital asset holdings on balance sheet did not change quarter over quarter
  • 3-1 Stock Split Announced on August 5, 2022
  • Part of The Block Research’s ongoing market coverage and a follow up to Analysis of Tesla’s Q2’22 Earnings
  • 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

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Magic Eden COO calls 0% royalties a ‘prisoner’s dilemma’

Co-founder and COO Zhuoxun ‘Zedd’ Yin said the company is still committed to finding ways to make royalties enforceable.  

The post Magic Eden COO calls 0% royalties a ‘prisoner’s dilemma’ appeared first on The Block.

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Multicoin backs college sports fan platform Mercury’s $7.5 million raise

Collegiate sport fan experience platform Mercury has raised $7.5 million in a seed round led by Multicoin Capital.

The post Multicoin backs college sports fan platform Mercury’s $7.5 million raise appeared first on The Block.

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Sam Bankman-Fried draws fire from DeFi proponents after regulation proposal

Sam Bankman-Fried’s regulatory proposal has not gone over well with many in the blockchain and cryptocurrency industry — with claims it hamstrings DeFi.

The post Sam Bankman-Fried draws fire from DeFi proponents after regulation proposal appeared first on The Block.

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Binance gains fourth European approval in Cyprus

Crypto exchange giant Binance has been granted registration as a Crypto Asset Services Provider by Cyprus’ financial regulatory body.

The post Binance gains fourth European approval in Cyprus appeared first on The Block.

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Fab.com founder Jason Goldberg launches Polygon-backed web3 project

Fab.com and Moxie founder Jason Goldberg raised $3 million for his new web3 startup Airstack. He raised most of the funds in the last three weeks.

The post Fab.com founder Jason Goldberg launches Polygon-backed web3 project appeared first on The Block.

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PancakeSwap eyes Aptos following Ethereum integration

BNB Chain’s popular decentralized exchange PancakeSwap is looking at expanding to Aptos, just weeks after it extended to Ethereum.

The post PancakeSwap eyes Aptos following Ethereum integration appeared first on The Block.

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Fintech firm Plaid launches its first web3 product

Fintch firm Plaid, a company most known for providing open banking APIs, has launched Wallet Onboard, its first web3 product. 

The post Fintech firm Plaid launches its first web3 product appeared first on The Block.

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Binance didn’t intend to delegate 13 million UNI tokens, says CEO

Binance CEO Changpeng Zhao has clarified that the exchange did not intentionally delegate 13 million UNI tokens to itself.

The post Binance didn’t intend to delegate 13 million UNI tokens, says CEO appeared first on The Block.

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