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Aave DAO favors fresh deployment of its latest version on Ethereum

Aave DAO favors fresh deployment of its latest version on Ethereum

The Aave community is leaning towards deploying a fresh v3 on Ethereum rather than upgrading the previous version.

The post Aave DAO favors fresh deployment of its latest version on Ethereum appeared first on The Block.

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State of Scaling Issue 7: Reviewing Shard Chain Ecosystems

Quick Take

  • In this bi-weekly series, we look into some of the most interesting data and developments across the various sharded blockchains
  • Near and Aurora remains the largest shard chain by TVL, with a relatively robust ecosystem that is still active
  • Elrond appears to have fallen off in terms of TVL, but user metrics indicate that Elrond’s ecosystem is still growing at a steady pace
  • Harmony has lost a significant amount of TVL prior to the Horizon bridge hack, but the TVL has stayed low post-hack, indicating that liquidity is unlikely to return to the ecosystem
  • Zilliqa has made bold moves venturing into the metaverse and gaming space, though it remains to be seen if these are the right solutions to tackle Zilliqa’s lackluster adoption

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Bitcoin inches toward $20,000 and ether ticks higher amid hopes hiking may slow

Bitcoin and ether rose in line with broader financial markets on Tuesday as Australia’s central bank broke the mould with a smaller-than-expected interest rate hike.

The post Bitcoin inches toward $20,000 and ether ticks higher amid hopes hiking may slow appeared first on The Block.

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Criminals have laundered $4 billion through DEXs, bridges and coin swaps: Elliptic

Elliptic researchers say financial criminals have laundered billions with the help of popular crypto tools.

The post Criminals have laundered $4 billion through DEXs, bridges and coin swaps: Elliptic appeared first on The Block.

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22 key crypto hires, exits and moves: September 2022

Quick Take

  • Crypto CEOs continued make headlines in September with several big-name exits, including Kraken’s Jesse Powell. 
  • While some firms showed signs of slowing down hiring during the month, others such as Polygon and Doodles are hoping to hire. 
 

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Brevan Howard and Morgan Creek lead web3 gaming startup’s $40 million Series A: Bloomberg

Brevan Howard Digital and Morgan Creek Digital have led a $40 million round into web3 gaming studio Horizon Blockchain Games. 

The post Brevan Howard and Morgan Creek lead web3 gaming startup’s $40 million Series A: Bloomberg appeared first on The Block.

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EU policymakers vote to modernize tax with blockchain technology

The European Parliament voted with an overwhelming majority in favour of a file to use blockchain technology to modernize taxation processes in the EU.

The post EU policymakers vote to modernize tax with blockchain technology appeared first on The Block.

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Hugo Boss to launch NFT and ‘360-degree metaverse experience’ with Imaginary Ones

Hugo Boss is the latest brand of many to attempt to make a splash in metaverse fashion.

The post Hugo Boss to launch NFT and ‘360-degree metaverse experience’ with Imaginary Ones appeared first on The Block.

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Mastercard to combat crypto fraud with new tool: CNBC

Mastercard plans to unveil a fresh software solution to assist banks and card issuers in combating crypto-related fraud.

The post Mastercard to combat crypto fraud with new tool: CNBC appeared first on The Block.

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Celsius sets dates for asset auction following bankruptcy

Bankrupt cryptocurrency lender Celsius Network has set a timeline for the auction of its assets, according to a court filing dated Monday.

The post Celsius sets dates for asset auction following bankruptcy appeared first on The Block.

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