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DeFi protocol Compound says multi-chain Comet upgrade is ready to go

DeFi protocol Compound says multi-chain Comet upgrade is ready to go

Compound’s multi-chain DeFi protocol Compound III is ready to go into production following a vote by its DAO.

The post DeFi protocol Compound says multi-chain Comet upgrade is ready to go appeared first on The Block.

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Crypto miner Prime Blockchain and 10X SPAC cancel $1.25 billion merger deal

Crypto miner Prime Blockchain and 10X SPAC have cancelled their planned $1.25 billion merger deal.

The post Crypto miner Prime Blockchain and 10X SPAC cancel $1.25 billion merger deal appeared first on The Block.

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TRM Labs says Tornado Cash action is a ‘new challenge for sanctions compliance’

Blockchain analytics firm TRM Labs explains why the Tornado Cash sanctions are different and details how it is dealing with them — despite a lack of guidance.

The post TRM Labs says Tornado Cash action is a ‘new challenge for sanctions compliance’ appeared first on The Block.

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CryptoPunk and Meebits holders can now use their NFTs for commercial projects

It confers full commercialization rights to holders to create projects and products based on their NFTs.

The post CryptoPunk and Meebits holders can now use their NFTs for commercial projects appeared first on The Block.

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Troubled crypto lender Hodlnaut files for creditor protection in Singapore

Hodlnaut is seeking creditor protection in Singapore following halting client withdrawals last week.

The post Troubled crypto lender Hodlnaut files for creditor protection in Singapore appeared first on The Block.

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Major Brazilian broker XP opens crypto trading platform

Brazilian broker XP launched its digital asset trading platform Xtage today.

The post Major Brazilian broker XP opens crypto trading platform appeared first on The Block.

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Celsius report shows $2.8 billion in crypto liabilities, dwindling cash flow

Projections from law firm Kirkland & Ellis filed yesterday shows the lender could run out of funds by October.

The post Celsius report shows $2.8 billion in crypto liabilities, dwindling cash flow appeared first on The Block.

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Bitcoin miner Greenidge Generation ‘pauses’ Texas expansion plans, reports $107.9 million in second-quarter net losses

Bitcoin miner Greenidge Generation said that it is pausing plans to develop additional sites in Texas as it reports $107.9 million in second quarter net losses.

The post Bitcoin miner Greenidge Generation ‘pauses’ Texas expansion plans, reports $107.9 million in second-quarter net losses appeared first on The Block.

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Nu Holdings added 5.7 million customers in Q2

Nu Holdings grew customers

The post Nu Holdings added 5.7 million customers in Q2 appeared first on The Block.

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Bitcoin mining stock report: Monday, August 15

Here’s how crypto mining companies performed on Monday, August 15.

The post Bitcoin mining stock report: Monday, August 15 appeared first on The Block.

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