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Lido proposes new terms for treasury token sale to Dragonfly Capital

Lido proposes new terms for treasury token sale to Dragonfly Capital

The new proposal still calls for selling 10 million Lido DAO tokens to Dragonfly, but with a one-year lock-up this time around.

The post Lido proposes new terms for treasury token sale to Dragonfly Capital appeared first on The Block.

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Several Vauld creditors take ‘hostile’ action against the firm, new affidavit shows

A new Vauld affidavit obtained by The Block shows that some creditors of the troubled firm have taken ‘hostile’ action against it while it explores its restructuring options. 

The post Several Vauld creditors take ‘hostile’ action against the firm, new affidavit shows appeared first on The Block.

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SushiSwap team nominate a new potential ‘Head Chef’

Howard’s consideration for the head chef of SushiSwap will have to be approved through a community vote. 

The post SushiSwap team nominate a new potential ‘Head Chef’ appeared first on The Block.

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Tether says that it holds no Chinese commercial paper

Stablecoin issuer Tether said today — seemingly for the first time — that it holds no Chinese commercial paper.

The post Tether says that it holds no Chinese commercial paper appeared first on The Block.

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Cathie Wood’s Ark Invest ditches over 1.4 million Coinbase shares

Ark Invest sells Coinbase shares as the beleaguered exchange faces further downward pressure in light of SEC investigation.

The post Cathie Wood’s Ark Invest ditches over 1.4 million Coinbase shares appeared first on The Block.

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Fantom community decides to use burn fee to fund ecosystem projects

The Fantom (FTM) community has voted to use a third of the burn fees on transactions to fund ecosystem projects instead.

The post Fantom community decides to use burn fee to fund ecosystem projects appeared first on The Block.

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Gods Unchained developer Immutable lays off around 8% of staff

Layoffs were carried out earlier this week following an impromptu 15-minute all hands meeting, a person familiar with the matter said.

The post Gods Unchained developer Immutable lays off around 8% of staff appeared first on The Block.

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Unstoppable Domains clinches unicorn status in $65 million Series A round

It will use the funds to reduce friction of crypto payments between applications and to build out reputation-based reward programs.

The post Unstoppable Domains clinches unicorn status in $65 million Series A round appeared first on The Block.

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Toomey calls for answers on crypto enforcement approach in letter to SEC

Sen. Pat Toomey is asking about the SEC’s enforcement approach in a new letter sent to the agency’s chair Gary Gensler. 

The post Toomey calls for answers on crypto enforcement approach in letter to SEC appeared first on The Block.

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The Mining Report with Wolfie Zhao: When miner capitulation?

In this episode of The Scoop Mining Report, The Block Research’s mining analyst Wolfie Zhao and host Frank Chaparro take a further look at the pressures facing miners in today’s market environment and how recent heatwaves have affected mining operations today.

The post The Mining Report with Wolfie Zhao: When miner capitulation? appeared first on The Block.

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