Acala has recovered 2.97 billion Acala USD (aUSD) stablecoin from 16 addresses that minted them last weekend in a security exploit.
The post Acala recovers 2.97 billion of aUSD stablecoin minted during exploit appeared first on The Block.
CDPQ wrote off its investment in Celsius less than a year after co-leading an investment round in the firm.
The post Canadian pension fund writes off investment in Celsius appeared first on The Block.
eToro is acquiring options trading platform Gatsby as part of the firm’s expansion plan to lure young investors in the United States.
The post eToro to acquire fintech trading Gatsby in US expansion plan appeared first on The Block.
The group made a recent crypto banking solutions investment, without disclosing details.
The post Kaszek Ventures eyes more Latam digital assets after Bitso, Nubank appeared first on The Block.
Paradigm leads $20 million round for collective NFT ownership platform Fractional as it rebrands to Tessera.
The post Paradigm leads $20 million round for Fractional as it rebrands to Tessera appeared first on The Block.
In this episode of The Scoop, Tessera Co-Founder and CEO Andy Chorlian explains how fractionalized NFTs foster new digital communities, and why ‘Tessera’ is a more suitable name for the direction of the platform.
The post Why new digital communities are forming around ‘fractionalized’ NFTs appeared first on The Block.
On-chain game developer community MatchboxDAO announced a $7.5 million seed funding round on Wednesday. StarkWare, Geometry Research, Delphi Ventures and Fabric Ventures were among the investors.
The post StarkNet-based game dev community MatchboxDAO raises $7.5 million appeared first on The Block.
According to whistleblowers reporting to Senator Toomey’s office, the FDIC is stymying banks in their efforts to expand crypto work.
The post Senator claims the FDIC is stonewalling banks that try to work with crypto appeared first on The Block.
Trading volume for NFTs has fallen significantly across all major marketplaces in recent months.
The post Amid an NFT market rout, a gold Bored Ape sells for $1.5 million appeared first on The Block.
Quick Take
- Market conditions have stabilized, but the total value locked in DeFi is still significantly lower than its peak in late 2021.
- The main theme across governance communities remains to establish protocol stability and drive sustainable growth.
- Covered protocols include Aave, BitDAO, Frax Finance, Sushiswap, Uniswap and 1inch.
