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U.S. Federal Reserve hikes interest rates by 75 basis points

U.S. Federal Reserve hikes interest rates by 75 basis points

The US Federal Reserve raised rates by 75 basis points in an attempt to fight hot inflation in the U.S.

The post U.S. Federal Reserve hikes interest rates by 75 basis points appeared first on The Block.

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A sign of the times: Bitmain slashes price of flagship S19 mining rig

Bitcoin mining manufacturer Bitmain announced a discount on the S19 Pro, which is one of their main mining machines.

The post A sign of the times: Bitmain slashes price of flagship S19 mining rig appeared first on The Block.

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Big bank CEOs don’t plan to finance crypto mining

Some of the largest banks in the United States do not have plans to finance crypto mining, CEOs said during a congressional hearing on Wednesday. Chief executive officers of major banks including Citigroup and Bank of America appeared on Wednesday before the House Financial Services Committee. During the hearing, Rep. Brad Sherman (D-Calif.) asked three CEOs […]

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Layer 2 solution Boba Network integrates with Avalanche

 Layer-2 scaling solution Boba Network has expanded its support to the Avalanche blockchain.

The post Layer 2 solution Boba Network integrates with Avalanche appeared first on The Block.

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Stablecoin restriction dropped from E.U. digital asset framework

The EU has now finalized technical discussions on its landmark MiCA regulatory framework.

The post Stablecoin restriction dropped from E.U. digital asset framework appeared first on The Block.

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Amber to remain ‘prudent’ in crypto winter even as revenue climbs, Huang says

Amber Group’s Annabelle Huang says the firm remains well capitalized and profitable as first-half revenue climbs to $250 million.

The post Amber to remain ‘prudent’ in crypto winter even as revenue climbs, Huang says appeared first on The Block.

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Brevan Howard leads $35 million round for crypto analytics platform Messari

Messari, a crypto data and analytics company, has raised $35 million in a Series B funding round.

The post Brevan Howard leads $35 million round for crypto analytics platform Messari appeared first on The Block.

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NFT gaming studio Vulcan Forge raises $8 million in Series A round

SkyBridge Capital and FTX led an $8 million round for the NFT-based gaming firm Vulcan Forged, with the option to invest $33 million more. 

The post NFT gaming studio Vulcan Forge raises $8 million in Series A round appeared first on The Block.

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EOS Antelope Protocol update severs network’s ties to Block.one and Bullish

A community driven fork of the EOS blockchain’s code adopted by block producers who manage the network will sever ties to former network code custodian Block.one.

The post EOS Antelope Protocol update severs network’s ties to Block.one and Bullish appeared first on The Block.

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Coinbase Cloud to lure developers with ‘free’ infrastructure platform called Node

Coinbase Cloud has revamped its existing development platform called Query and Transact as Node.

The post Coinbase Cloud to lure developers with ‘free’ infrastructure platform called Node appeared first on The Block.

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