Crypto firm Chain will be the New England Patriots’s new “official blockchain and web3 sponsor.”
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New U.K. law allows financial authorities to “seize, freeze and recover” cryptocurrencies.
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Quick take
- Ethereum’s transition to proof-of-stake consensus was largely uneventful from a technical perspective with no major issues materializing during the upgrade.
- Proof-of-work ETH fork coins are now liquid on a relatively limited basis.
- Delta-neutral positioning prior to The Merge has begun to rapidly unwind.
Rep. Davidson says ‘outside chance’ of stablecoin bill this year, likely next year with GOP majority
Congressman Davidson says stablecoin legislation could move this year, but is more likely with a Republican majority next year.
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While Chopra took a shot at “Washington’s obsession with crypto,” he noted that his eye was on stablecoins.
The post Washington is too obsessed with cryptocurrencies, CFPB director says appeared first on The Block.
Open-source utility Lit Protocol announced raising $13 million in new funding, with support from OpenSea Ventures, A Capital and others.
The post Lit Protocol raises $13 million, announces new cloud wallet app platform appeared first on The Block.
Alameda Research, Jump Capital and Target Global were among the Series B round’s backers.
The post Automated crypto trading startup 3Commas raises $37 million appeared first on The Block.
Over 4.7 million users registered on the app, logging a collective 67 million miles, Solana reported on Thursday.
The post Users logged over 67 million miles on the move-to-earn app Stepn since launch appeared first on The Block.
The Helium Foundation has announced the Helium Network’s migration to the Solana blockchain following a successful community vote.
The post Helium Foundation announces migration to Solana following community vote appeared first on The Block.
Galaxy Digital, CoinFund, Circle, Figment, Blockdaemon, Kraken Ventures and NFX also participated in the round.
The post Variant leads $18.5 million fundraise for developer platform Hyperlane appeared first on The Block.
