Gemini announced the launch of a new feature called Gemini Staking that allows users to stake crypto assets.
The post Crypto exchange Gemini announces new staking rewards service appeared first on The Block.
Neumann’s venture Flow is planning to launch a digital wallet that can store crypto after receiving $350 million investment from a16z.
The post Former WeWork CEO Neumann to launch digital wallet that stores crypto: Forbes appeared first on The Block.
The company threw its hat into the ring on Wednesday with a post on the DAO forum following Magic Eden’s proposal last week.
The post ApeCoin DAO gets third offer of free NFT marketplace appeared first on The Block.
Quick take
- Ethereum’s transition to proof-of-stake consensus (“the Merge”) is one of the most significant events for the space in recent years.
- As the Merge becomes more imminent, speculation about a potential proof-of-work fork has returned.
- Several common Merge-related trade themes have emerged in markets in recent weeks, which will be discussed here.
Bain Capital Crypto leads DeFi infrastructure and product developer Primitive’s $9 million Series A round.
The post Primitive raises $9 million to build AMM discovery platform appeared first on The Block.
Bitcoin mining difficulty rose slightly for the second time in a row. The network’s hash rate went up by about 1.5%.
The post Bitcoin mining difficulty rises by 0.63% appeared first on The Block.
Unlockd’s pooled liquidity model allows NFT holders to borrow against their NFTs while still being able to use them.
The post NFT-backed loan start up Unlockd raises $4.4 million seed round appeared first on The Block.
Ethereum scaling solution Polygon is anchor investor and strategic partner in web3 venture studio SuperLayer’s $25 million fund.
The post Polygon leads investment in venture studio SuperLayer’s $25 million fund appeared first on The Block.
Quick Take
- Bain Capital Ventures, a venture capital arm of Bain Capital, was founded in 2001 and currently holds around $10 billion in AUM
- Some of the largest deals Bain Capital Ventures participated in included BlockFi, Crusoe Energy Systems, and Basis
- In total, The Block has noticed and mapped out 27 companies across 6 verticals
A new system for gathering data on malware is live, with the goal of rewarding users with crypto for the information they collect.
The post PolySwarm launches token rewards to crowdsource cybersecurity with crypto appeared first on The Block.
