Attrition rates are up across the federal government.
The post Government report: ’Great resignation’ hit SEC in 2022 appeared first on The Block.
A group made up of nearly 4,400 investors have joined forces to find Terraform Labs founder Do Kwon.
The post Ruined retail investors are on the hunt for Do Kwon: FT appeared first on The Block.
The Terra Classic contributors adjusted the tax rate on all transactions from 1.2% down to 0.2%.
The post Terra Classic developers lower ‘burn tax’ rate in bid to revive on-chain activity appeared first on The Block.
With no signs that the market will rise any time soon, another round of corporate reshuffling has begun, including for those at the very top.
The post Fintech layoffs mount as October marks 6 months of crypto downturn appeared first on The Block.
A senior advisor to the Bank of England suggested that decentralized finance is not as decentralized as it claims to be in a speech to the University College London’s Blockchain Research Center on Wednesday. “Concentrations of power in [proof-of-work] and [proof-of-stake] systems, and other flaws in governance of crypto and DeFi, have already contributed to […]
The post Bank of England policy committee member says DeFi isn’t decentralized appeared first on The Block.
Brazilian digital bank Nubank announced a new loyalty token, Nucoin, on Wednesday.
The post Brazil’s Nubank to introduce native loyalty token appeared first on The Block.
Celestia Labs, a startup that hopes to help better blockchain infrastructure with a modular approach, announced $55 million in fundraising this morning.
The post Celestia Labs hits unicorn status in latest bet on modular blockchains appeared first on The Block.
Arcade2Earn has raised $3.2 million in a seed funding round led by Crypto.com Capital. The Solana-based gaming platform doesn’t require players to own NFTs, while still reaping rewards.
The post Solana-based gaming platform Arcade2Earn raises $3.2 million: Exclusive appeared first on The Block.
Quick Take
- Signature Bank announced earnings on October 18, 2022
- Closed today’s trading +2.8% in 1-day intra-day trading at $157.29 per share
- Reported $358mm Net Income, a +48% / +117mm increase on Q3’21 Net Income of $241mm
- Reported $492mm Pre-tax Pre-provision Earnings, a +49% / +$161mm increase on Q3’21 of $331mm
- Reported Q3’22 $5.57 EPS compared to Q3’21 $3.88 EPS
- Added ~1,000 new clients across the business in Q3’22
- Digital asset banking unit experienced a ($3.0bn) outflow in deposits
Uniswap founder Hayden Adams is concerned that the exchange might be using its users’ funds for participating in governance.
The post Binance now second-largest entity by voting power in Uniswap DAO appeared first on The Block.
