Here’s how crypto mining companies performed on Monday, August 22.
The post Bitcoin mining stock report: Monday, August 22 appeared first on The Block.
Crypto-linked super PACs have spent more than $3.6 million to influence elections in Florida and New York ahead of Tuesday’s primaries.
The post Here’s how crypto-linked PACs are spending in the New York and Florida primaries appeared first on The Block.
Telegram may launch a new marketplace to allow users to transfer usernames via “NFT-like smart-contracts,” founder Pavel Durov said in a message on the platform. “Imagine how successful Telegram with its 700 million users could be if we put reserved @ usernames, group and channel links for auction,” Durov wrote on Monday. “In addition to […]
The post Telegram founder floats new auction marketplace appeared first on The Block.
The NFT lending platform wants to incentivize liquidators to bid on NFT collateral from bad debt positions placed on auction.
The post NFT lender BendDAO begins vote to change protocol amid liquidity crisis appeared first on The Block.
Fractionalizing an NFT is not a straightforward process, and there are many details — including legal ones — that Rally had to work out.
The post Here’s how Rally is ‘democratizing’ ownership of a rare Noun NFT appeared first on The Block.
Lawyers for Nathaniel Chastain, the former OpenSea head of product, filed a motion to dismiss an indictment against him.
The post Former OpenSea employee accused of insider trading files motion to dismiss indictment appeared first on The Block.
Bored Ape Yacht Club NFTs and CryptoPunks are jostling for position as the most expensive collection to access.
The post You’ve been punk’d: CryptoPunks takes top pricing spot from Bored Apes appeared first on The Block.
Quick Take
- Founded in September 2021, Magic Eden runs the largest Solana NFT marketplace with +90% market share – Magic Eden verticals include its secondary market, Launchpad for full-service minting, Magic Eden Games content platform and Magic Ventures for Web3 gaming investments
- Magic Eden closed a $27 million Series A funding round (led by Paradigm) in March 2022 and a $130 million Series B funding round (led by Electric Capital and Greylock Partners) in June 2022
- In August 2022, Magic Eden started supporting Ethereum for its NFT marketplace – the company plans to provide top-notch end-to-end user experience for Ethereum users (services including Launchpad and cross-currency purchase option)
Fund managers said virtual and augmented reality could deliver a £1.4 trillion boost to the global economy by 2030.
The post Invesco launches metaverse fund: Citywire appeared first on The Block.
Embattled crypto lender Hodlnaut faces a nearly $200 million financial shortfall, according to a court affidavit obtained by The Block.
The post Hodlnaut reports $193 million financial shortfall as it seeks court protection appeared first on The Block.
