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Meta prioritizes work over play as it unveils costly new VR headset

Meta prioritizes work over play as it unveils costly new VR headset

It was business before pleasure as Meta debuted its highly anticipated virtual-reality headset.

The post Meta prioritizes work over play as it unveils costly new VR headset appeared first on The Block.

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Q3’22 Blockchain Venture Funding and M&A Recap

Quick Take

  • Venture funding decreased roughly 35% Q/Q to approximately $6.2 billion. Funding in dollar amount has now declined for two consecutive quarters
  • Later-Stage deals were down roughly 92% Q/Q from 13 to just one last quarter and Mid-Stage deals fell approximately 63% from 30 deals in Q2 to just 11 last quarter
  • The amount of M&A transactions for NFTs/Gaming has increased for three consecutive quarters, and more than half (51%) of its total M&A deals have occurred during this period

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Gemini expands into Europe, becomes first VASP in Ireland

Crypto exchange Gemini continues an expansion into Europe after gaining approval as a registered VASP in Ireland.

The post Gemini expands into Europe, becomes first VASP in Ireland appeared first on The Block.

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Hacker steals $2.3 million from TempleDAO

TempleDAO suffered an exploit Tuesday morning for roughly $2.3 million.

The post Hacker steals $2.3 million from TempleDAO appeared first on The Block.

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Market maker GSR lays off staff following rapid expansion

Crypto market GSR lays off less than 10% of staff to position the business for long-term growth. 

The post Market maker GSR lays off staff following rapid expansion appeared first on The Block.

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CFTC Chair: Don’t expect crypto tech to be a ‘free pass’ from regulation

In a recent interview, the head of the CFTC explained his thinking behind a push for more regulatory authority in crypto, as well as the significance of a recent pursuit of a DAO. 

The post CFTC Chair: Don’t expect crypto tech to be a ‘free pass’ from regulation appeared first on The Block.

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Circle CEO: House legislation ‘best shot’ for digital dollar competition

Crypto industry experts believe Congress could pass new stablecoin regulations in the next year.

The post Circle CEO: House legislation ‘best shot’ for digital dollar competition appeared first on The Block.

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Rabby Wallet exploit prompts users to revoke access

Rabby Wallet reported an exploit in its Rabby Swap smart contract, and asked users to revoke access to certain connected addresses.

The post Rabby Wallet exploit prompts users to revoke access appeared first on The Block.

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BAYC creator Yuga Labs faces SEC probe: Bloomberg

Yuga Labs, creators of Bored Ape Yacht Club NFTs, is reportedly facing a probe by the U.S. Securities and Exchange Commission.

The post BAYC creator Yuga Labs faces SEC probe: Bloomberg appeared first on The Block.

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OpenSea launches support for Avalanche

The new support for Avalanche brings the number of available blockchains on OpenSea to seven.

The post OpenSea launches support for Avalanche appeared first on The Block.

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