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Bitcoin mining stock report: Friday, October 7

Bitcoin mining stock report: Friday, October 7

Here’s how crypto mining companies performed on Friday, Oct. 7.

The post Bitcoin mining stock report: Friday, October 7 appeared first on The Block.

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Dapper Labs freezes funds in wallets with Russian ties following EU sanctions, users say

NFT company Dapper Labs has issued warnings to users who have “connections” to Russia that funds held in their account-based crypto wallets have been frozen.

The post Dapper Labs freezes funds in wallets with Russian ties following EU sanctions, users say appeared first on The Block.

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Luna Foundation Guard postpones compensation efforts, cites ‘ongoing and threatened litigation’

In the face of what it said was mounting legal pressure, the Luna Foundation Guard said it would postpone efforts to compensate users.

The post Luna Foundation Guard postpones compensation efforts, cites ‘ongoing and threatened litigation’ appeared first on The Block.

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Lido launches support for staked ETH on Layer 2 integrations

Lido integrated support for wrapped staked ETH on Layer 2 networks with a monthly rewards program to incentivize users.

The post Lido launches support for staked ETH on Layer 2 integrations appeared first on The Block.

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ConsenSys Company Intelligence

Quick Take

  • ConsenSys Software Inc. was founded officially in 2020 after it spun out from the larger ConsenSys AG (now known as “Mesh”; founded in 2014 by Joseph Lubin) – ConsenSys AG (now Mesh) has been involved in allegations related to business assets and fair distributions
  • ConsenSys Software Inc. manages and develops the ConsenSys product suite, which includes Infura, MetaMask / MetaMask Institutional, Codefi, Diligence, Quorum, Truffle and ConsenSys NFT
  • ConsenSys raised $200 million (Series C) in November 2021 and $450 million (Series D) in March 2022 – the latest raise values ConsenSys at +$7 billion USD

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Bitcoin miner Iris Energy considering mergers and acquisitions after fresh capital raise

Bitcoin miner Iris Energy considering “potential M&A” opportunities as its plots expansion plans.

The post Bitcoin miner Iris Energy considering mergers and acquisitions after fresh capital raise appeared first on The Block.

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Binance CEO says there’s pain and risk in the bear market, but also opportunity: Bloomberg

Binance CEO Changpeng Zhao said his firm could spend up to $1 billion on deals in 2022, in an interview with Bloomberg on Friday.

The post Binance CEO says there’s pain and risk in the bear market, but also opportunity: Bloomberg appeared first on The Block.

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Mt. Gox creditors need to register with exchanges next year to receive lost crypto

It’s not clear when the disbursement will happen, but sources say it will likely occur next year.

The post Mt. Gox creditors need to register with exchanges next year to receive lost crypto appeared first on The Block.

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Bitcoin drops below $20,000 following U.S. jobs data; DXY dollar index soars

U.S. jobs figures for the month of September came in above expectation at 263,000.

The post Bitcoin drops below $20,000 following U.S. jobs data; DXY dollar index soars appeared first on The Block.

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India’s central bank to launch digital rupee pilot

The Reserve Bank of India says that a central bank digital currency prototype may be launched “soon.”

The post India’s central bank to launch digital rupee pilot appeared first on The Block.

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