The proposal calls for the creation of a Uniswap Foundation to be seeded with a $74 million budget and 2.5 million UNI tokens.
The post Uniswap Labs alums propose Uniswap Foundation to boost exchange appeared first on The Block.
The proposal calls for the creation of a Uniswap Foundation to be seeded with a $74 million budget and 2.5 million UNI tokens.
The post Uniswap executives propose creating Uniswap Foundation to boost exchange appeared first on The Block.
GSR launches GSR Capital Limited after getting UK regulatory approval and sees “remarkably high interest” from potential investors.
The post GSR Capital gets UK FCA approval, opens crypto funds appeared first on The Block.
Binance and Mastercard have launched a prepaid card in Argentina that converts crypto to fiat at the time of purchase.
The post Binance and Mastercard launch prepaid crypto-to-fiat card in Argentina appeared first on The Block.
Quick Take
- In this bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and bridges to network activity and funding
- This issue looks at the development of StarkEx Validiums, such as ImmutableX, DeversiFi and Sorare
- ImmutableX and DeversiFi have both seen substantial growth after the launch of their native governance token
- Sorare has launched a series of NFT-based games though it has yet to see significant traction
- StarkNet is seeing a steady increase in activity, both in terms of assets bridged and the development of applications
The Lido Finance plan to sell 10 million LDO tokens to Dragonfly Capital was originally rejected last month.
The post Lido DAO approves treasury token sale to Dragonfly Capital after terms tweaked appeared first on The Block.
Bitcoin mining difficulty increased by 1.74% according to an adjustment on Thursday after falling for three straight time periods.
The post Bitcoin mining difficulty rises by 1.74% after three consecutive falls appeared first on The Block.
Quick Take
- Vlad Tenev, Robinhood Co-founder & CEO, affirms no desire to sell the business
- Announced ~23% headcount reduction amidst declining share price and fundamental operations
- SEC investigation into Robinhood’s short-selling and compliance with regulations
- Closed Wednesday, August 3, 2022, at $10.31 / share, a +11.7% 1-day movement, but traded down (2.61%) to $10.06 in after-hours trading
- Reported $318mm Q2’22 Net Revenue, ($295mm) Net Loss, ($271mm) EBITDA and ($0.34) EPs
- Disclaimer: This is a market commentary research piece and includes opinionated views from our research team. Nothing contained in this piece constitutes a solicitation, recommendation, endorsement, or offer by The Block Research.
Meta expands digital collectables support on Instagram to 100 more countries, adopts Flow blockchain
Meta’s move now brings digital collectibles, particularly non-fungible tokens, closer to mainstream social media use.
The post Meta expands digital collectables support on Instagram to 100 more countries, adopts Flow blockchain appeared first on The Block.
Shares in the crypto exchange soared on Thursday after it announced a deal with BlackRock to offer crypto to institutional investors.
The post Coinbase stock pops after BlackRock announcement, temporarily halts due to volatility appeared first on The Block.
