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MakerDAO initiates $500 million investment in US treasuries, corporate bonds

MakerDAO initiates $500 million investment in US treasuries, corporate bonds

MakerDAO said it has initiated $500 million investment in traditional assets using its reserves.

The post MakerDAO initiates $500 million investment in US treasuries, corporate bonds appeared first on The Block.

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FalconX’s head of institutional coverage announces departure

FalconX’s head of institutional coverage Aya Kantorovich, who joined the firm in 2019 and was an early employee, said she was leaving the company.

The post FalconX’s head of institutional coverage announces departure appeared first on The Block.

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Ex-Coinbase employees raise $5.3 million for web3 infrastructure startup: Exclusive

Scale3 Labs, founded by former Coinbase engineers, has raised $5.3 million in seed funding.

The post Ex-Coinbase employees raise $5.3 million for web3 infrastructure startup: Exclusive appeared first on The Block.

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Citigroup’s digital asset director set for new role at Swiss crypto exchange

Alexandre Kech, Citigroup’s director of blockchain and digital assets, has left to join Swizterland’s Six Digital Exchange. 

The post Citigroup’s digital asset director set for new role at Swiss crypto exchange appeared first on The Block.

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Bitcoin miner Marathon’s investments in bankrupt Compute North totaled $31.3 million

Marathon invested a total of $31.3 million in its hosting provider Compute North, which filed for bankruptcy last month.

The post Bitcoin miner Marathon’s investments in bankrupt Compute North totaled $31.3 million appeared first on The Block.

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NFL superstars back Coolkicks founder’s $6 million raise for collectible trading platform

MynaSwap raised its inaugural round at a $50 million valuation.

The post NFL superstars back Coolkicks founder’s $6 million raise for collectible trading platform appeared first on The Block.

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Someone is clogging up the Zcash blockchain with a spam attack

Zcash, a privacy-focused proof-of-work blockchain, is undergoing an attack.

The post Someone is clogging up the Zcash blockchain with a spam attack appeared first on The Block.

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Web3 Games: Does Token Model Matter?

Quick Take

  • Not all games require tokens, not all assets must be tokenized, and it doesn’t matter if the gameplay is good or “fun” if the token is poorly designed.
  • This research piece will examine in greater detail how tokens are designed and which games would benefit from having their currencies tokenized.
  • This piece is the second part of the Web3 Games series. The core issue with regard to tokenizing in-game currencies can be found in Part 1.   

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Abrdn takes another step into digital assets with Hedera partnership

UK investment firm Abrdn is taking another major leap into digital assets space by joining the Hedera Governing Council.

The post Abrdn takes another step into digital assets with Hedera partnership appeared first on The Block.

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EU bans crypto payments from Russia in new sanctions package

The European Union’s new sanctions ban crypto payments from Russian wallets to the EU.

The post EU bans crypto payments from Russia in new sanctions package appeared first on The Block.

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