The Federal Reserve is readying its new instant payments service for launch between May and July of next year.
The post Federal Reserve’s FedNow payments system will be live within a year, says Brainard appeared first on The Block.
The dispute in the press parallels the SEC’s ongoing enforcement action against Ripple over XRP.
The post SEC v. Ripple battle spills over into WSJ op-ed pages appeared first on The Block.
The head of the Monetary Authority of Singapore spoke about digital assets and crypto on Monday.
The post Singapore may adopt tougher rules for retail crypto market appeared first on The Block.
The Lightnet Group said it has secured a $50 million capital commitment from LDA Capital to expand blockchain technology for remittances. Singapore-based Lightnet will have the option to increase the $50 million to a total commitment of up to $100 million over the next three years. The funds will be used for payment and blockchain […]
The post Lightnet secures $50 million LDA capital commitment for remittances appeared first on The Block.
Limit Break firm incorporates NFTs and other web3 elements into the “free-to-play” payment model for mobile games.
The post Mobile gaming firm Limit Break raises $200 million across two rounds appeared first on The Block.
The firm’s move now brings NFTs and other digital collectibles to Facebook’s 2.9 billion users.
The post Meta now lets you post NFTs and other digital collectibles to Facebook appeared first on The Block.
FTX’s Sam Bankman-Fried said that the company had ho intention fo buying control of crypto exchange Huobi.
The post FTX has no plans to buy crypto exchange Huobi, says CEO Bankman-Fried appeared first on The Block.
Quick Take
- In light of the rapidly expanding NFT finance market, mechanisms to accurately reflect NFT prices are gaining importance
- With the idiosyncratic nature of NFT prices in mind, various approaches have been devised to triangulate this issue
- This piece takes a closer look at three popular NFT pricing methodologies
The performance began with some choice acting, as the rappers fall down a swirling multicolored vortex and morph into the Bored Apes they own.
The post MTV awards feature Snoop Dogg and Eminem as Bored Apes, first metaverse category appeared first on The Block.
Quick Take
- Voyager Digital bankruptcy court judge rules in favor of $1.6mm compensation package to 34 employees
- Revised figures from initial filing for ~$1.9mm compensation to 38 employees
- Part of the Key Employee Retention Program (KERP) Awards to maintain operationality during Chapter 11 Bankruptcy Filings
- 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
