Quick Take
- Venture capitalists invested $1.8 billion in crypto startups in August — the lowest total since April 2021.
- Twenty new VC funds launched in August, including from Insignia Ventures Partners, DBA Crypto and CoinFund.
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 release of Nitro promises significantly lower fees, the result of certain technical improvements that also boosts the rollup’s performance
- Metis has recently started a builder incentive program, the Metis Marathon, which aims to onboard developers and, hopefully, more users along with it
- dYmension, a modularization framework for rollups deployed on Cosmos, has announced its development timeline and proposes how app-specific rollups could be a potential scaling solution for Cosmos
The Securities and Exchange Commission is going to continue to aggressively pursue legal action against crypto companies, its chief of enforcement said.
The post ‘We’re not giving crypto a pass,’ says SEC’s enforcement chief appeared first on The Block.
The firm will use the funding to create original and fully decentralized web3 games over the next two years.
The post Web3 game developer Revolving Games closes $25 million seed funding round appeared first on The Block.
Bitcoin moved above $21,000 on Friday morning Eastern Time as crypto markets rallied toward the end of the week.
The post Bitcoin soars more than 10% as it trades above $21,000 appeared first on The Block.
The Merge will see Ethereum change to proof of stake. But it will also have a big impact on how much ETH is produced each year.
The post How Ethereum’s monetary policy will change after The Merge appeared first on The Block.
Bitcoin miner CleanSpark has agreed to purchase a facility in Georgia from Australia-based company Mawson Infrastructure Group.
The post Bitcoin miner CleanSpark announces second acquisition in a month appeared first on The Block.
Sam Bankman-Fried’s FTX Ventures is continuing its investment spree and will take a 30% stake in Anthony Scaramucci-led investment firm SkyBridge Capital, according to a CNBC report today.
The post FTX Ventures to take 30% stake in SkyBridge Capital: CNBC appeared first on The Block.
An Ethereum address connected to last year’s hack of DAO Maker has laundered 500,000 DAI stablecoin through Tornado Cash, two security firms said.
The post Tornado Cash used to launder $500,000 stolen from DAO Maker last year: security firms appeared first on The Block.
In this special Ethereum Merge edition of The Scoop, Lex Sokolin — Head Economist at leading Ethereum development company ConsenSys — examines the implications of Ethereum’s Merge for the future of the blockchain, and explains why the increase in energy efficiency will help improve the reputation of Web3 outside of the crypto space.
The post Ethereum Merge Edition Part 1: How The Merge alleviates ESG concerns appeared first on The Block.
