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Crypto market contracts as the Fed’s next interest rate decision looms

Crypto market contracts as the Fed’s next interest rate decision looms

Global crypto market cap sinks below $1 trillion ahead of Fed’s interest rate decision.

The post Crypto market contracts as the Fed’s next interest rate decision looms appeared first on The Block.

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Bitcoin mining stock report: Tuesday, July 26

Here’s how crypto mining companies performed on Tuesday, July 26.

The post Bitcoin mining stock report: Tuesday, July 26 appeared first on The Block.

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Pantera’s general counsel joins CFTC staff as commission work recenters around crypto

Most recently general counsel at Pantera, Joseph Cisewski has previously worked at both the CFTC and SEC. 

The post Pantera’s general counsel joins CFTC staff as commission work recenters around crypto appeared first on The Block.

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Crypto exchange Kraken under investigation for violating US sanctions: NYT

The Treasury Department is investigating cryptocurrency exchange Kraken for allegedly violating US sanctions, according to new reporting from The New York Times.

The post Crypto exchange Kraken under investigation for violating US sanctions: NYT appeared first on The Block.

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Wharton School launches metaverse-focused business course

“Business in the Metaverse Economy,” as it’s called, is one of the first business courses about the metaverse in an Ivy League school.

The post Wharton School launches metaverse-focused business course appeared first on The Block.

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Central African Republic begins public sale of Sango Coin

The Central African Republic has raised $1 million from the sale of its Sango Coin crypto on the first day of the public sale.

The post Central African Republic begins public sale of Sango Coin appeared first on The Block.

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Celsius wants to bring on former CFO as adviser for bankruptcy proceedings

Celsius has submitted a motion to bring back its former CFO to provide his expertise on the company’s financial situation.

The post Celsius wants to bring on former CFO as adviser for bankruptcy proceedings appeared first on The Block.

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Sustainability and impact focused Topl blockchain closes $15 million round

Topl, the creator of a purpose-built blockchain that helps companies track sustainable initiatives, raised $15 million. 

The post Sustainability and impact focused Topl blockchain closes $15 million round appeared first on The Block.

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Core Scientific signs hosting deal worth $50 million per year

Bitcoin miner Core Scientific has entered into a hosting agreement that will be worth $50 million yearly.

The post Core Scientific signs hosting deal worth $50 million per year appeared first on The Block.

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Gala Games Part 2: Game Ecosystem Strategy

Quick Take

  • The go-to-market strategy of Gala Games is to become a one-stop shop and entry point for Web2 game developers to enter the Web3 gaming space.
  • The relationship between GALA and the game-specific tokens is solely linked through Gala Power, which will be implemented across all of its games to increase the utility of GALA.
  • This research piece will explore Gala Games as a game publisher, including its onboarding strategy, a case study of its flagship game, Town Star, and a brief overview of its metaverse VOXverse.
  • This piece is the second part of the Gala Games two-part series. Introduction to Gala Games can be found in Part 1.   

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