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South Korean authorities seek to invalidate Do Kwon’s passport: Munhwa

South Korean authorities seek to invalidate Do Kwon’s passport: Munhwa

South Korean prosecutors have asked the country’s foreign ministry to invalidate Terraform Labs founder Do Kwon’s passport, according to local media.

The post South Korean authorities seek to invalidate Do Kwon’s passport: Munhwa appeared first on The Block.

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Final proof-of-work Ethereum block used to create ‘vanity’ NFT

The last block mined before Ethereum moved to proof of stake was used solely to mint an NFT on a pair of eyes.

The post Final proof-of-work Ethereum block used to create ‘vanity’ NFT appeared first on The Block.

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Ethereum Classic’s hash rate soars 280% in a single day

Since The Merge, a lot of hash rate has flown to Ethereum Classic — as miners are no longer able to mine Ethereum.

The post Ethereum Classic’s hash rate soars 280% in a single day appeared first on The Block.

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Ether and related Ethereum tokens pull back following Merge price bump

With The Merge complete, tokens adjacent to Ethereum or in the ecosystem have seen significant gains.

The post Ether and related Ethereum tokens pull back following Merge price bump appeared first on The Block.

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Ex-Citadel Securities employees raise $50 million for crypto market maker

Former Citadel Securities execs have raised $50 million as their crypto market maker Portofino Technologies emerges from stealth.

The post Ex-Citadel Securities employees raise $50 million for crypto market maker appeared first on The Block.

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An NFT minted after The Merge cost $60,000 in transaction fees

The user paid over 36.8 ETH in transaction fees ($60,626) to mint the NFT named “The Transition.”

The post An NFT minted after The Merge cost $60,000 in transaction fees appeared first on The Block.

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Ethereum activates The Merge as it shifts to proof of stake

The Merge has officially been triggered, marking Ethereum’s transition from proof of work to proof of stake.

The post Ethereum activates The Merge as it shifts to proof of stake appeared first on The Block.

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Judge to appoint examiner in Celsius case

A U.S. bankruptcy judge approved an order to appoint an examiner to embattled lender Celsius at today’s hearing.

The post Judge to appoint examiner in Celsius case appeared first on The Block.

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Bitcoin mining execs talk industry consolidation, CleanSpark’s asset deal

Days after bitcoin miner CleanSpark announced its second site acquisition in a month, the two CEOs said the market is still in the early phases of consolidation.

The post Bitcoin mining execs talk industry consolidation, CleanSpark’s asset deal appeared first on The Block.

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SEC sues Chicago-based crypto merchant for unregistered securities offering

In this suit against Chicago Crypto Capital, the SEC alleges misrepresentation as well as failure to register a securities offering. 

The post SEC sues Chicago-based crypto merchant for unregistered securities offering appeared first on The Block.

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