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Meta stock sinks following missed earnings

Meta stock sinks following missed earnings

Meta stock plunged following missed earnings and increased scrutiny over its metaverse plans.

The post Meta stock sinks following missed earnings appeared first on The Block.

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Variant raises $450 million for two new venture funds

A new $450 million venture fund is entering the crypto market.

The post Variant raises $450 million for two new venture funds appeared first on The Block.

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A crypto fund that just raised $450 million offers bull case for web3

In this episode of The Scoop, Variant co-founders Jesse Walden and Spencer Noon reveal how they plan on allocating their two new funds’ $450 million capital raise, and why Variant remains bullish on the long-term future of Web3.

The post A crypto fund that just raised $450 million offers bull case for web3 appeared first on The Block.

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Spartan Capital leads $13 million round for Sweatcoin developer Sweat Economy

The team behind health and fitness app Sweatcoin raised $13 million as it seeks to deepen its web3 capabilities. 

The post Spartan Capital leads $13 million round for Sweatcoin developer Sweat Economy appeared first on The Block.

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Clearpool launches uncollateralized stablecoin lending on Polygon

Clearpool, an uncollateralized stablecoin lending protocol, has launched on Polygon.

The post Clearpool launches uncollateralized stablecoin lending on Polygon appeared first on The Block.

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Vote Escrow coming to DFX!

Since the launch of DFX Finance, we have had a goal, a mission. A mission to create an open decentralised foreign exchange (FX) protocol optimised for trading fiat-backed foreign stablecoins, (CADC, EUROC, XSGD, etc.) for all to participate in. As we continue to build out our infrastructure and ecosystem through our on-chain governance model, it […]

The post Vote Escrow coming to DFX! appeared first on The Block.

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The US economy declined by 0.9% during the second quarter

The US economy reported negative economic results for the second quarter of the year on Thursday.

The post The US economy declined by 0.9% during the second quarter appeared first on The Block.

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GSR kickstarts NFT market making project with focus on generative art

GSR has bought roughly 175 NFTs so far, while selling 15 — much of the trading focused on Art Blocks collections.

The post GSR kickstarts NFT market making project with focus on generative art appeared first on The Block.

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Zipmex files for protection against creditors in Singapore

Troubled South Asian crypto exchange Zipmex has filed for protection against creditors in Singapore as it faces a liquidity crunch.

The post Zipmex files for protection against creditors in Singapore appeared first on The Block.

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Solana stablecoin Nirvana sinks 90% amid $3.5 million flash loan exploit

The attacker used a $10 million flash loan from Solana lending pool Solend to drain $3.5 million from the Nirvana treasury.

The post Solana stablecoin Nirvana sinks 90% amid $3.5 million flash loan exploit appeared first on The Block.

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