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Crypto service company Blockchain.com raised additional capital from a series of investors in a deal that closed during the third quarter.

The post Blockchain.com raises fresh capital in round led by Kingsway Capital: Bloomberg appeared first on The Block.

Quick Take

• Mass adoption of web3 has often been deemed a pipe dream due to inherent user experience flaws.
• XNFTs are trying to address this issue by means of a one-stop shop for digital assets.
• In essence, xNFTs are decentralized applications that are natively embedded in an operating system.
• Although still being a germinal idea, xNFTs are emerging as a versatile primitive that appears promising.

Federal Reserve Governor Christopher Waller expanded on his opposition to a U.S. central bank digital currency.

The post Fed governor says the U.S. doesn’t need a digital dollar appeared first on The Block.

Bitcoin miner Stronghold has terminated a hosting deal with Northern Data and agreed to pay the firm a total of $4.5 million.

The post Stronghold ends Northern Data hosting deal in an effort improve ‘operational control’ and liquidity appeared first on The Block.

The Mango Markets DAO is voting in favor of letting the hacker return half the funds in exchange for no criminal prosecution.

The post Mango Markets community set to approve $47 million deal with hacker appeared first on The Block.

Nexo has once again extended its exclusive due diligence period on potential Vauld deal. A source tells The Block that Nexo is “cautiously optimistic” about the deal.

The post Nexo once again extends due diligence period on potential Vauld deal appeared first on The Block.

The US commodities regulator just gained a powerful ally in its push for authority over crypto spot markets.  

The post Gensler supports granting CFTC more power over spot markets appeared first on The Block.

The Financial Conduct Authority has appointed New Zealand’s Binu Paul as head of digital assets.

The post UK’s Financial Conduct Authority names new digital assets head: Exclusive appeared first on The Block.

A New York judge has reportedly removed Roche Freedman from a class action lawsuit against stablecoin issuer Tether and crypto exchange Bitfinex.

The post Law firm Roche Freedman removed from suit against Tether and Bitfinex: Bloomberg appeared first on The Block.

Minting 10 a.m. ET today, the Budverse x FIFAWorldCup Live Scoreboard NFT Collection allows buyers to select the country they wish to follow and mint a scoreboard that will track its progress throughout the competition.

The post Budweiser turns scoreboards into NFTs for FIFA World Cup appeared first on The Block.