Traders are borrowing ETH to try to game a potential fork at the time of The Merge. Crypto lending platforms are seeking to address this.
The post Crypto lending platforms react to high ETH borrowing by traders ahead of The Merge appeared first on The Block.
Fraxlend will enable the protocol to mint new FRAX through the borrowing and lending process and facilitate deals between DAOs.
The post Frax Finance launches Fraxlend, its own borrowing and lending market appeared first on The Block.
Almost 4,200 US trademark applications were filed for metaverse, virtual and web3 goods and services from January to August.
The post NFT and metaverse trademark applications for 2022 have already eclipsed 2021’s total appeared first on The Block.
Mining company Hive Blockchain is testing other coins to mine with GPUs after Ther Merge, stating it is “well poised” to navigate the competitive market.
The post Crypto miner Hive Blockchain testing other GPU mineable coins ahead of The Merge appeared first on The Block.
More crypto business and innovation should be moved into the traditional banking industry, at least according to some bankers and a former bank regulator. “The federal government doesn’t want basically unregulated third parties basically creating their own currency,” Gene Ludwig, a former top U.S. banking regulator who now runs a regulatory consultancy firm, said at […]
The post Digital assets belong in traditional banking, ex-U.S. regulator says appeared first on The Block.
Fuel Labs, a startup that aims to quicken crypto transactions, has announced an $80 million raise from some of the sector’s heavyweights.
The post Fuel Labs raises $80 million for modular execution layer, touting superior speed appeared first on The Block.
Russia’s finance ministry is apparently looking to stablecoins to avoid international payment rails denominated in the dollar and euro.
The post Russia’s Finance Ministry is working on stablecoin platforms to avoid cross-border dollar settlement: Tass appeared first on The Block.
Investment firm Franklin Templeton, which oversees $1.4 trillion in assets, has launched a metaverse ETF in Europe.
The post Franklin Templeton launches metaverse ETF for European investors appeared first on The Block.
Troubled crypto hedge fund Three Arrows Capital has reclaimed $45 million in deposits it had previously staked on Curve and Convex Finance.
The post 3AC withdraws $45 million from Curve and Convex appeared first on The Block.
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