Bitcoin mining company Marathon Digital Holdings reached a $24 million settlement with its former CEO and chairman.
The post Bitcoin miner Marathon Digital Holdings reaches settlement with former CEO appeared first on The Block.
Quick Take
- The Proof-of-Stake distributed consensus mechanism has emerged as a popular alternative to Proof-of-Work, with native token staking being crucial in maintaining blockchain security.
- Staking has remained relatively stable over the past 6 quarters, with an average stake rate of 47.2% and an average stake yield of 14.3% in the Q3’22.
- While staking will remain an essential component of the crypto ecosystem, it has its fair share of concerns, with solutions being actively developed.
Texas financial regulators and attorney general want to prevent FTX’s purchase of Voyager Digital assets on the basis that the company isn’t compliant with securities and money transmitter laws. “FTX US should not be permitted to purchase the assets of the debtor unless or until the Securities Commissioner has an opportunity to determine whether FTX […]
The post FTX shouldn’t be able to buy Voyager assets until after investigation: Texas authorities appeared first on The Block.
NFT platform LiveArtX has asked the community for feedback on replacing its smart contract following a hack in the early hours of yesterday morning.
The post LiveArt burns stolen NFTs, offers compensation to buyers appeared first on The Block.
Developed by a firm called Peersyst, the sidechain aims to make the XRP Ledger ecosystem more appealing to developers.
The post The XRP Ledger tests first sidechain compatible with Ethereum apps appeared first on The Block.
Mack Flavelle, the co-founder of CryptoKitties and Dapper Labs, has signed with WME, the same Hollywood talent agency that represents stars like The Rock and Meek Mill.
The post Dapper Labs, CryptoKitties co-founder signs with Hollywood agency WME: Exclusive appeared first on The Block.
Tapio Protocol has raised $4 million in a seed round led by Polychain, Hypersphere and Arrington to bring a unified liquidity standard to Polkadot.
The post Polkadot synthetic asset protocol Tapio raises $4 million from Polychain and others appeared first on The Block.
Decentralized stablecoin issuer Frax Finance is preparing to make available its liquid staking protocol on Ethereum.
The post Frax Finance to publicly release liquid staking protocol within two weeks appeared first on The Block.
Mastercard will reportedly assist financial institutions looking to offer cryptocurrency trading by acting as a “bridge” between the crypto platform Paxos.
The post Mastercard to help banks offer crypto trading, provide compliance and security: CNBC appeared first on The Block.
The Australian Securities and Investment Commission temporarily suspended the offering and distributing of bitcoin, ether and filecoin in Holon Investments.
The post Australian authority temporarily suspends three Holon Investments crypto funds appeared first on The Block.
