The chief financial officer of bankrupt crypto lender Voyager is set to depart the company, according to a Friday announcement.
The post Bankrupt crypto lender Voyager’s CFO resigns appeared first on The Block.
Cipher Mining seeks to raise up to $250 million in a stock market offering.
The post Cipher Mining seeks to raise up to $250 million in stock market offering appeared first on The Block.
Compute North is facing a breach of contract suit that includes failing to return an almost $1.4 million deposit.
The post Compute North sued two months before declaring bankruptcy appeared first on The Block.
Nounlets are a new collection out of the CC0 NFT project Nouns. There are only 100 Nounlets, each representing 1% ownership of one Nouns NFT.
The post The first Nounlet, a new collection out of NounsDAO, sold for 4.2 ETH appeared first on The Block.
Quick Take
- In this bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and bridges to network activity and funding.
- The impacts of the Ethereum Merge have played out across bridges and lending protocols across the board, affecting Layer 2s and alt Layer 1s.
- GMX on Arbitrum has seen a significant exploit recently, owing to market manipulation on AVAX perpetuals.
- Arbitrum Nitro upgrade had resulted in a critical vulnerability that has since been patched, but not before a white hat hacker pointed it out and received 400 Ether as a bug bounty.
The combined company will manage over CAD$350 million in customer assets, making it one of the larger crypto trading platforms in Canada.
The post Coinsquare set to acquire CoinSmart, merging the two trading platforms appeared first on The Block.
The CFTC has charged a DAO with violating the law. Here’s how crypto lawyers and others interpreted the news.
The post What’s next for DAOs? Breaking down the CFTC’s latest enforcement action appeared first on The Block.
SudoAMM’s performance shows that a strong contingent of NFT traders don’t mind forgoing royalties following last month’s debates.
The post Royalty-free NFT platform SudoAMM surpasses $50 million in volume months after launch appeared first on The Block.
Quick Take
- DAO treasuries have declined significantly since the start of the year.
- Many DAOs were caught unprepared for the downturn because their treasuries were not diversified and they lacked treasury management protocols.
Bitcoin miner Iris Energy has struck an equity purchase deal worth $100 million with investment banking firm B. Riley.
The post Bitcoin miner Iris Energy inks $100 million share purchase deal with B. Riley appeared first on The Block.
