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Terraform Labs Founder Do Kwon says he’s ‘making zero effort to hide’

Terraform Labs Founder Do Kwon says he’s ‘making zero effort to hide’

Terraform Labs founder Do Kwon seemed to brush off the fact he is wanted by authorities.

The post Terraform Labs Founder Do Kwon says he’s ‘making zero effort to hide’ appeared first on The Block.

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Deribit raises funds from existing investors at $400 million valuation: Sources

Crypto derivatives exchange Deribit has raised funds from existing shareholders at a $400 million valuation, according to people familiar with the deal.

The post Deribit raises funds from existing investors at $400 million valuation: Sources appeared first on The Block.

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Court approves more first-day motions in Compute North bankruptcy case

After filing for bankruptcy last week, Compute North got the green light to maintain a series of regular operations.

The post Court approves more first-day motions in Compute North bankruptcy case appeared first on The Block.

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Walmart’s new Roblox metaverse tells kids where to ‘find all the best toys’

Big-box retailer Walmart has launched two new experiences on Roblox, the company announced on Monday.

The post Walmart’s new Roblox metaverse tells kids where to ‘find all the best toys’ appeared first on The Block.

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European Central Bank preparing for broad digital currency adoption ‘scenario’

The European Central Bank is gauging whether a digital currency has a part to play in improving its interbank transaction activities, according to a speech by an executive board member.

The post European Central Bank preparing for broad digital currency adoption ‘scenario’ appeared first on The Block.

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Grayscale Bitcoin Trust discount hits all-time low amid crypto market downturn

Four months on from its SEC rejection, GBTC’s discount to NAV hit a new all-time low amid crypto market tumult.

The post Grayscale Bitcoin Trust discount hits all-time low amid crypto market downturn appeared first on The Block.

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Unpacking Recent ApeCoin Developments

Quick Take

  • ApeCoin aims to fuel innovation at the intersection of culture, gaming, and commerce.
  • Governance is conducted through the synergistic relationship between the ApeCoin DAO and the APE Foundation.
  • Several monumental Ape Improvement Proposals (AIPs) have fundamentally shaped the ecosystem’s development.

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Aragon community voting to transfer treasury funds after dissolving old DAO

The vote is to determine what to do with its treasury as the Aragon community transitions to a DAO with delegated voting capabilities.

The post Aragon community voting to transfer treasury funds after dissolving old DAO appeared first on The Block.

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Pound hits all-time low versus the dollar, softening pain of bitcoin losses for Brits

British crypto investors holding bitcoin are better off than U.S. counterparts who denominate their holders in the stronger Dollar.

The post Pound hits all-time low versus the dollar, softening pain of bitcoin losses for Brits appeared first on The Block.

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Australia CBDC pilot calls for submissions on potential use cases

Dubbed the “eAUD”, the project expects the pilot will demonstrate new capabilities in terms of cost, speed and quality outcomes through the use of the digital currency.

The post Australia CBDC pilot calls for submissions on potential use cases appeared first on The Block.

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