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GitPOAP raises $4 million to bring Github contributions on-chain

GitPOAP raises $4 million to bring Github contributions on-chain

Libertus Capital and Inflection.xyz have co-led a round into GitPOAP. Avalanche VC, Protocol Labs and POAP also participated.

The post GitPOAP raises $4 million to bring Github contributions on-chain appeared first on The Block.

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HUSD stablecoin loses US dollar peg, drops to $0.90 as liquidity shrinks

The fiat-backed HUSD stablecoin has lost its peg to the US dollar and is becoming an increasingly illiquid token on Curve.

The post HUSD stablecoin loses US dollar peg, drops to $0.90 as liquidity shrinks appeared first on The Block.

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DCG backs cybersecurity company DWallet Labs in $5 million round

Cybersecurity company DWallet Labs raises $5 million to build on the Odsy network, which just emerged from stealth

The post DCG backs cybersecurity company DWallet Labs in $5 million round appeared first on The Block.

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Tether partners with top 5 accounting firm BDO for reserve attestations

Tether has partnered with BDO Italia to issue attestation reports of its reserves. It also aims to go through “a complete audit.”

The post Tether partners with top 5 accounting firm BDO for reserve attestations appeared first on The Block.

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Robinhood more than halves acquisition offer for UK fintech Ziglu

The deal has been widely seen as Robinhood’s entryway into the UK market after previously canceling a 2020 launch. 

The post Robinhood more than halves acquisition offer for UK fintech Ziglu appeared first on The Block.

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Chainalysis midyear report shows scams are down, but hacks are up

Fewer people than ever are falling prey to crypto scams, while hacks and stolen funds are trending upwards, new data show.

The post Chainalysis midyear report shows scams are down, but hacks are up appeared first on The Block.

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July crypto VC roundup: Funding declined for the fourth consecutive month

Quick Take

  • Venture capitalists invested $2 billion in crypto startups in July — nearly the same amount as in June.
  • Over 20 new VC funds also launched in July, including from Sequoia China, Lightspeed and Qiming.

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Sky Mavis’ Ronin sidechain expands to 17 validators to boost security

Ronin has added three new validators as it aims to boost security following the $600 million hack in March.

The post Sky Mavis’ Ronin sidechain expands to 17 validators to boost security appeared first on The Block.

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Flashbots to hasten open sourcing of its MEV-Boost relay code

The MEV solution provider says it wants to open source its relay code as a way of hardening the Ethereum ecosystem post-Merge.

The post Flashbots to hasten open sourcing of its MEV-Boost relay code appeared first on The Block.

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Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow

A governor at the Federal Reserve is pushing back on several areas of crypto industry speculation for the Fed’s engagement with crypto. 

The post Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow appeared first on The Block.

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