The chief operating officer of crypto-focused venture capital and hedge fund Pantera Capital has left after just two months in the job.
The post Pantera Capital COO leaves after just two months with the firm appeared first on The Block.
In this episode of The Scoop, BlockFi CEO Zac Prince gives a candid recount of the events surrounding his firm’s liquidation of Three Arrows Capital, as well as his personal philosophy regarding the relationship a crypto lender should have with its customers.
The post BlockFi CEO shares lessons learned from liquidating 3AC appeared first on The Block.
Multicoin Capital and top market makers invest in a $5 million seed round for Sei Labs, a startup building a new blockchain focused on trading.
The post Top market makers back new blockchain for trading founded by Goldman Sachs and Robinhood alums: Bloomberg appeared first on The Block.
Paraguay’s president vetoed a proposed crypto industry bill.
The post Paraguay’s president vetoes proposed crypto industry regulation appeared first on The Block.
Compound Finance executed a governance proposal updating its price feeds that contained a code error, freezing the cETH market.
The post Protocol upgrade accidentally freezes ETH on Compound for 7 days appeared first on The Block.
Quick Take
- Stronghold Digital Mining reported Q2’22 earnings on August 16, 2022
- $SDIG currently trades at $1.40 / share, down ~93% from its IPO price of $19.00 / share
- Reported $29mm quarterly revenue, ($40mm) net loss and ($1mm) Adj. EBITDA for the three months ended June 30, 2022
- Mined a reported 637 BTC through the three months Q2’22 with a total YTD amount of 1,075 BTC mined from January 1, 2022 to June 30, 2022
- Eliminated $67.4mm outstanding equipment financing with NYDIG
- Restructured equipment financing agreement with WhiteHawk Finance
- Reduced May 16, 2022 Convertible Notes & Warrants by $11.3mm in a restructuring
- Disclaimer: This is a market commentary research piece and includes opinionated views from our research team. Nothing contained in this piece constitutes a solicitation, recommendation, endorsement, or offer by The Block Research
The FBI issued recommendations for DeFi investors and protocols as smart contract exploits rise.
The post FBI issues recommendations for DeFi investors amid exploits appeared first on The Block.
Here’s how crypto mining companies performed on Tuesday, August 30.
The post Bitcoin mining stock report: Tuesday, August 30 appeared first on The Block.
Proof Collective also announced a forthcoming NFT project called Moonbirds Mythics slated to launch in 2023.
The post a16z leads $50 million in funding for NFT organization Proof Collective appeared first on The Block.
A series of letters to regulators and exchanges ask them to return extensive documentation on their approaches within two weeks.
The post Congressman calls on crypto exchanges and regulators to account for fraud and scams in crypto appeared first on The Block.
