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Bitcoin mining stock report: Thursday, June 21

Bitcoin mining stock report: Thursday, June 21

Here’s how crypto mining companies performed on Thursday, June 21.

The post Bitcoin mining stock report: Thursday, June 21 appeared first on The Block.

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Facing a ban by Minecraft, NFT Worlds aims to unveil a ‘plan of action’ by the weekend

In a Discord update on Wednesday night, the team at NFT Worlds said it was looking at several options for how to continue the project.

The post Facing a ban by Minecraft, NFT Worlds aims to unveil a ‘plan of action’ by the weekend appeared first on The Block.

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Hashflow raises $25 million to support structured product launch

DeFi trading platform Hashflow raises $25 million in a Series A funding round, bringing the company’s valuation to $400 million.

The post Hashflow raises $25 million to support structured product launch appeared first on The Block.

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Institutions go long on ether as Ethereum’s ‘merge’ approaches, according to Cumberland

Institutional buyers are adding long positions on ether its transition to proof-of-stake, called the merge, is slated for September.

The post Institutions go long on ether as Ethereum’s ‘merge’ approaches, according to Cumberland appeared first on The Block.

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State of Scaling Issue 1: dYdX, Arbitrum, Optimism

Quick Take

  • In this new 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
  • Optimism has seen a significant spike in activity since the launch of its native governance token on June 1 but that is trending down together with the bearish sentiment of the markets 
  • Arbitrum paused its 8-week Odyssey in its second week as a result of surging gas prices, reported exceeding that of Ethereum’s
  • dYdX has announced their planned migration to a native chain on Cosmos instead of remaining as a zk-rollup on Ethereum

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Animoca Brands snags top-level executives from McKinsey, Tencent and Accenture

The hires come amid a volley of web3 and gaming deals by the company. 

The post Animoca Brands snags top-level executives from McKinsey, Tencent and Accenture appeared first on The Block.

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Former Coinbase and Instagram director Will Ruben joins Uniswap as VP of product

Ruben has more than a decade of experience at big tech and crypto companies. 

The post Former Coinbase and Instagram director Will Ruben joins Uniswap as VP of product appeared first on The Block.

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Curve Finance founder implies a stablecoin is on its way

Curve Finance may be the latest DeFi project joining the race to ship a decentralized stablecoin.

The post Curve Finance founder implies a stablecoin is on its way appeared first on The Block.

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SEC lists nine crypto tokens as securities following Coinbase insider trading charges

The SEC has listed nine cryptocurrencies on Coinbase that it says are securities, providing more clarity on its views.

The post SEC lists nine crypto tokens as securities following Coinbase insider trading charges appeared first on The Block.

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Former Coinbase product manager arrested on insider trading charges

An ex-employee at Coinbase was arrested and accused of providing insider trade trading information to his friend and brother.

The post Former Coinbase product manager arrested on insider trading charges appeared first on The Block.

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