Injective, a layer 1 blockchain, raised $40 million in a round round led by Jump Crypto. BH Digital also participated in the round.
The post Layer 1 blockchain Injective raises $40 million round led by Jump Crypto appeared first on The Block.
US inflation for the month of July came in just below expectations at 8.5% — showing inflation is slowing down.
The post US inflation shows signs of slowing down as CPI below expectations at 8.5% appeared first on The Block.
SaaS startup Heirloom raises $8 million to onboard enterprise firms into the Web 3.0 ecosystem using the XRP Ledger.
The post Heirloom raises $8 million from Ripple and Forte to onboard enterprises into web3 appeared first on The Block.
Quick Take
- Trading closed down (11%) at $87.68 / share and slumped another (5%) to 82.90 / share in afterhours trading
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Reported $808mm total revenue, ($4.95) EPS, $217bn Trading Volume and ($1.1bn) Net Income
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Reflects a (7.5%), (100%) miss, +0.41% beat and (102%) miss respectively
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+48% rally last week from Coinbase x Blackrock partnership announcement
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June 14, 2022 announced internal restructuring plan
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1,100 FTE dismissals, an (18%) company wide reduction in FTE count as of June 10, 2022
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June 2022 indictment against former Coinbase Product Manager Ishah Wahi and related parties for front running digital assets
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August 2022 lawsuits launched against Coinbase regarding business practices and disclosure surrounding digital assets requiring Security & Exchange Commission (SEC) registration as securities
Phantom has clarified that its systems were not compromised during the wallet exploit.
The post Solana wallet provider Phantom says its systems were uncompromised in $4 million hack appeared first on The Block.
BitDAO is set to become an anchor partner for AfricaDAO, an investment fund that wants to drive web3 adoption in Africa.
The post BitDAO to fund AfricaDAO with $20 million for web3 adoption in Africa appeared first on The Block.
The initial complaint related to content published on Facebook and the club’s website in August 2021 promoting its fan token $AFC.
The post Independent review finds Arsenal fan token promotions ‘trivialized’ investment in crypto appeared first on The Block.
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In this episode of The Scoop, CoinShares Co-Founder and CEO Jean-Marie Mognetti provides an inside look at how CoinShares navigated Terra’s collapse, and why crypto’s “private company environment” leads to marketplace uncertainty.
The post Crypto markets still have an ‘opacity’ problem says CoinShares CEO appeared first on The Block.
Checkout.com, the London-based payments outfit that was valued at $40 billion in January, is exploring the launch of two new crypto products — doubling down on the sector even as it languishes in a bear market.
The post Checkout.com eyes new crypto payments products despite bear market appeared first on The Block.
