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Bitcoin mining stock report: Thursday, August 25

Bitcoin mining stock report: Thursday, August 25

Here’s how crypto mining companies performed on Thursday, August 25.

The post Bitcoin mining stock report: Thursday, August 25 appeared first on The Block.

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Coinbase to list nano ETH futures next week

Coinbase said Thursday that it will go live with nano ether (ETH) futures on its derivatives exchange on August 29.

The post Coinbase to list nano ETH futures next week appeared first on The Block.

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Commentary on Bakkt’s Q2’22 Earnings

Quick Take

  • Digital asset infrastructure provider Bakkt Holdings announced earnings August 11, 2022 
  • Shares traded up +3.5% to $3.27 at August 11 market close and currently trade at $2.79 as of August 25 close
  • Reported $13.6mm Quarterly Net Revenue, a +9% QoQ and +60% YoY growth respectively
  • Both Number of  Transacting Accounts and Digital Asset Conversion Volume increased 10% YoY and 60% YoY respectively
  • 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

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Andreessen Horowitz-backed CoinSwitch Kuber searched by Indian authorities: reports

The offices of CoinSwitch Kuber, a venture-backed crypto exchange in India, were reportedly searched on Thursday by officials from an anti-money laundering governmental authority. 

The post Andreessen Horowitz-backed CoinSwitch Kuber searched by Indian authorities: reports appeared first on The Block.

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Crypto accounts for most foreign exchange violations in South Korea

South Korea has seen a huge increase in cryptocurrency crimes related to foreign exchange transactions.

The post Crypto accounts for most foreign exchange violations in South Korea appeared first on The Block.

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SBI ends previously unknown deal with sanctioned Russian bitcoin miner BitRiver: CoinDesk 

SBI Holdings is now the second firm after Compass Mining known to cut ties with BitRiver following US sanctions.

The post SBI ends previously unknown deal with sanctioned Russian bitcoin miner BitRiver: CoinDesk  appeared first on The Block.

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Eminem, Snoop Dogg to perform metaverse-themed song during VMAs this month

Rap stars Eminem and Snoop Dogg will perform their metaverse-styled song “From The D 2 The LBC” at MTV’s Video Music Awards (VMAs) this month.

The post Eminem, Snoop Dogg to perform metaverse-themed song during VMAs this month appeared first on The Block.

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Modular Blockchains & a Rollup-centric Ethereum | Full Video

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Voyager approved to pay up to $1.9 million in bonuses to retain employees

A federal judge approved Voyager to make up to $1.9 million in retention payments to key employees whose identities will also be sealed.

The post Voyager approved to pay up to $1.9 million in bonuses to retain employees appeared first on The Block.

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Hashed taps ex-South Korean finance official to lead research institute

Crypto VC firm Hashed picks ex-South Korea vice finance minister Kim Yong-beom to head its research arm, Hashed Open Research

The post Hashed taps ex-South Korean finance official to lead research institute appeared first on The Block.

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