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Fortnite creator Epic Games backs tech startup Hadean’s $30 million Series A

Fortnite creator Epic Games backs tech startup Hadean’s $30 million Series A

Hadean will build the infrastructure to help give metaverse capabilities to Epic’s Unreal Engine, undergirding the hit game Fortnite.

The post Fortnite creator Epic Games backs tech startup Hadean’s $30 million Series A appeared first on The Block.

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Fnality is pitching for fresh funding to build out its bank-backed payments infrastructure

Fnality International, the London-based blockchain payments firm backed by a bevy of big banks, is pitching investors for a Series B fundraise.

The post Fnality is pitching for fresh funding to build out its bank-backed payments infrastructure appeared first on The Block.

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IRS hunts crypto tax evaders with M.Y. Safra Bank summons

IRS to serve a summons on M.Y. Safra Bank, which serves crypto prime broker SFOX. The tax agency is seeking information on SFOX users who may have evaded taxes.

The post IRS hunts crypto tax evaders with M.Y. Safra Bank summons appeared first on The Block.

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Layer by Layer Issue 46: Cosmos, Solana, and NEAR

Quick Take

  • In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
  • As L1 ecosystems continue to become more interconnected, teams in the Cosmos ecosystem are taking a variety of approaches to address the problem of fragmented liquidity. 
  • The Solana network is nearing the release of a critical upgrade that promises to significantly improve its ability to handle user demand. Meanwhile, the Near ecosystem is seeing a spike in usage after the launch of its step-to-earn protocol Sweat Economy

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Bitso introduces crypto QR payment tool in Argentina

Bitso is unveiling a new QR payment option in Argentina in its wallet app.

The post Bitso introduces crypto QR payment tool in Argentina appeared first on The Block.

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CFTC files lawsuit against decentralized autonomous organization

In a first, the CFTC sued a decentralized autonomous organization — and, it appears, the token holders who weigh in on its governance process.

The post CFTC files lawsuit against decentralized autonomous organization appeared first on The Block.

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Compute North files for Chapter 11 bankruptcy

Hosting provider Compute North filed for Chapter 11 bankruptcy on Thursday.

The post Compute North files for Chapter 11 bankruptcy appeared first on The Block.

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Crypto advocate: Industry ‘agnostic’ to ‘mildly negative’ on digital dollar

Conversations about a government-issued digital currency are heating up in Washington, but the crypto industry isn’t totally on board.

The post Crypto advocate: Industry ‘agnostic’ to ‘mildly negative’ on digital dollar appeared first on The Block.

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Bitcoin mining stock report: Thursday, September 22

Here’s how crypto mining companies performed on Thursday, Sept. 22.

The post Bitcoin mining stock report: Thursday, September 22 appeared first on The Block.

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Russian officials could approve cross-border settlements in crypto: Reports

Russia has reportedly agreed on a bill allowing cross-border settlements in crypto.  

The post Russian officials could approve cross-border settlements in crypto: Reports appeared first on The Block.

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