The founder of Frax describes Fei Protocol’s hack redemption plan as one of the most “mind boggling” situations he has ever seen.
The post Frax founder says Fei Protocol situation reaches ‘new low for DeFi’ appeared first on The Block.
Decentralized exchange Uniswap provided data breaking down which addresses it has blocked so far and why. The data was later removed.
The post Uniswap has blocked 253 crypto addresses related to stolen funds or sanctions appeared first on The Block.
Bitcoin miner BIT Mining said that investors should not be concerned by a notification from the New York Stock Exchange threatening to delist the company.
The post BIT Mining seeks to reassure investors as NYSE threatens to delist appeared first on The Block.
Tribe DAO is moving to close its doors and has outlined a multi-million dollar redemption plan that will distribute assets to holders and hack victims.
The post Tribe DAO proposes a $157 million redemption for token holders, Rari hack victims appeared first on The Block.
Here’s how crypto mining companies performed on Friday, August 19.
The post Bitcoin mining stock report: Friday, August 19 appeared first on The Block.
A recent CFTC roundtable highlighted the need for crypto education and outreach.
The post CFTC focuses on outreach as digital assets gain popularity among underserved groups appeared first on The Block.
The Federal Deposit Insurance Corporation (FDIC) said Friday that it has sent cease-and-desist letters to five crypto companies, including FTX US, over alleged misrepresentations regarding deposit insurance.
The post FDIC issues cease-and-desist letters to FTX US, other crypto firms over deposit insurance appeared first on The Block.
Quick Take
- “Phygital NFTs” enable a holistic product experience by blending physical and digital elements
- Typically, the NFT is burned when its owner decides to redeem the corresponding physical product
- Despite being prone to skeuomorphic use cases, phygital NFTs might provide promising benefits for particular industries
The report shows a more than 58% decrease in commercial paper holdings over the prior quarter from $20 billion to $8.5 billion.
The post Latest Tether disclosures show $28.9 billion in US Treasury bills appeared first on The Block.
Self-custody solution Safeheron raises $7 million and partners with MetaMask to provide multi-factor authentication features.
The post Self-custody solution Safeheron raises $7 million, partners with MetaMask appeared first on The Block.
