Launched with support from Coinbase and Circle earlier this year, the Crypto Market Integrity Coalition now counts 38 members.
The post Bittrex, BitGo, six others sign on to crypto market integrity pledge appeared first on The Block.
Quick Take
- Stablecoins are an integral part of the cryptocurrency space, with a combined market share of $150B.
- That said, most stablecoins are fraught with centralization risks or capital inefficiencies.
- Protocols such as UXD and Lemma have utilized funding rate arbitrage to create a truly decentralized stablecoin.
- However, such solutions encounter the challenges of unsustainability and/or shallow liquidity.
- This is where ideas of a DeFi-focused blockchain, such as that which Sei proposes, could be useful for such stablecoins.
Coinbase shares were in the red early on Thursday following a profitability warning from Wells Fargo and a sell recommendation.
The post Coinbase shares drop 9% after Wells Fargo issues profitability warning appeared first on The Block.
Meta’s move adds functionality and visibility of digital assets across two of the most popular social media platform.
The post U.S.-based Facebook and Instagram users can now cross-post digital assets appeared first on The Block.
With the legislative calendar ticking down and the Department of Labor overtly opposed, the new bill faces long odds.
The post New legislation aims to expand 401(k) investment options to include crypto appeared first on The Block.
BlackRock made its latest crypto play on Thursday when it launched an ETF with exposure to blockchain and crypto companies for its European customers.
The post BlackRock launches ETF in Europe with blockchain and crypto company exposure appeared first on The Block.
A series of amendments drafted for the EU Parliament’s opinion on AML regulation expand its scope to include DeFi, NFTs and DAOs.
The post Europe AML rules could implicate DeFi, DAOs and NFTs appeared first on The Block.
Ooki DAO members are discussing ways to raise funds for a possible legal defense of the lawsuit brought on by the CFTC.
The post Ooki DAO is mulling its options to fight back against the CFTC appeared first on The Block.
Morgan Creek Digital leads multi-chain onboarding platform Aikon’s $10 million raise and joins the board.
The post Morgan Creek Digital leads blockchain onboarding platform Aikon’s $10 million raise appeared first on The Block.
Former Revolut employees have raised $3.5 million in a round led by Index Ventures to build a consumer-friendly crypto investment app.
The post Former Revolut employees raise $3.5 million to build crypto investment app appeared first on The Block.
