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South Korean firm Blockwater defaults on $3 million loan from TrueFi

South Korean firm Blockwater defaults on $3 million loan from TrueFi

South Korean investment firm has received a default notice on its loan taken on collateral-free lending platform TrueFi.

The post South Korean firm Blockwater defaults on $3 million loan from TrueFi appeared first on The Block.

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California man indicted for laundering crypto in drug trafficking scheme

A jury has indicted a California man for allegedly using crypto channels to launder more than $5 million in drug trafficking proceeds.

The post California man indicted for laundering crypto in drug trafficking scheme appeared first on The Block.

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An Ethereum team has warped Uniswap onto StarkNet

Ethereum development company Nethermind has warped the decentralized exchange Uniswap onto the Ethereum Layer 2 network StarkNet.

The post An Ethereum team has warped Uniswap onto StarkNet appeared first on The Block.

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Equities slip lower as cryptocurrencies inch higher: This week in markets

A weekly report on some of the biggest moves in crypto markets, with commentary from industry experts.

The post Equities slip lower as cryptocurrencies inch higher: This week in markets appeared first on The Block.

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Layer by Layer Issue 48: Cosmos 2.0

Quick Take

  • In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
  • The Cosmos ecosystem is facing a major potential shift in its development with the recent introduction of the Cosmos Hub 2.0 whitepaper
  • With a continued rollout of liquid-staking solutions and Interchain Security on the horizon, a proposed overhaul of ATOM issuance reliant on the success of these two components may be the most important change for the Cosmos Hub to date

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DeFi startup Arch raises $5 million to become the ‘BlackRock of web3’

DeFi startup Arch raised $5 million in an oversubscribed seed round co-led by Digital Currency Group and Upload Ventures.

The post DeFi startup Arch raises $5 million to become the ‘BlackRock of web3’ appeared first on The Block.

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Dapper Labs breaks down why it’s suspending Russian accounts

NFT company Dapper Labs has confirmed it’s blocking crypto accounts with Russian ties, citing new EU sanctions on Russia.

The post Dapper Labs breaks down why it’s suspending Russian accounts appeared first on The Block.

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Yam DAO mulling distribution of treasury among token holders

Token holders of long-forgotten DeFi project Yam Finance want to dissolve the project’s treasury among themselves to salvage what’s left.

The post Yam DAO mulling distribution of treasury among token holders appeared first on The Block.

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Here are three biggest stories in crypto to look out for this coming week

Look out for conference news from Devcon Bogota and watch out for any further resignations in the crypto space.

The post Here are three biggest stories in crypto to look out for this coming week appeared first on The Block.

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Crypto executive exits continue as firms trudge through bear market

A wave of notable crypto executives exits continued through September and into October.

The post Crypto executive exits continue as firms trudge through bear market appeared first on The Block.

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