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Adam Neumann’s crypto startup delays token launch: WSJ

Adam Neumann’s crypto startup delays token launch: WSJ

WeWork founder Adam Neumann’s crypto venture has delayed the launch of its products due to current market conditions. 

The post Adam Neumann’s crypto startup delays token launch: WSJ appeared first on The Block.

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Woman charged in $4.5 billion Bitfinex case cleared to seek new job: Bloomberg 

Heather Morgan was charged in February along with her husband of conspiring to launder $4.5 billion worth of bitcoin stolen from the Bitfinex crypto exchange.

The post Woman charged in $4.5 billion Bitfinex case cleared to seek new job: Bloomberg  appeared first on The Block.

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Voyager asks bankruptcy court to honor withdrawals

Crypto broker Voyager Digital has requested permission from a federal bankruptcy court to honor customer withdrawals for the more than $350 million held by Metropolitan Commercial Bank, a court document filed late Thursday shows.  Voyager said in a July 6 statement that it has about $1.3 billion worth of crypto assets on the platform, and […]

The post Voyager asks bankruptcy court to honor withdrawals appeared first on The Block.

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Court sides with SEC in ICO promotion case against former McAfee assistant

The SEC won a final judgment in federal court against Jimmy Gale Watson, John McAfee’s assistant, for his alleged role in promoting initial coin offerings on social media.

The post Court sides with SEC in ICO promotion case against former McAfee assistant appeared first on The Block.

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Bitcoin mining stock report: Friday, July 15

Here’s how crypto mining companies performed on Friday, July 15.

The post Bitcoin mining stock report: Friday, July 15 appeared first on The Block.

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SEC Commissioner Allison Herren Lee steps down

Allison Herren Lee stepped down from her position as a Commissioner of the SEC today with plans to take a visiting professorship in Italy.

The post SEC Commissioner Allison Herren Lee steps down appeared first on The Block.

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Art Blocks: The Kingmaker of Generative Art

Quick Take

  • Art Blocks is a platform spearheading the evolution of generative art through NFTs
  • Despite the inherent subjectivity of art, top sales for premium Art Blocks pieces still tend to be grounded in objective measures of rarity
  • Several developments hint at trading characteristics that differ from other industry verticals

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How online gaming firm Improbable is helping Yuga Labs build its metaverse

Improbable has spent a decade building virtual worlds. Now it is helping Yuga Labs build Otherside. So how do you build a metaverse? 

The post How online gaming firm Improbable is helping Yuga Labs build its metaverse appeared first on The Block.

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Binance scales back investment in Axie Infinity developer’s post-hack fundraise

Binance has significantly reduced the size of its investment in Axie Infinity developer Sky Mavis.

The post Binance scales back investment in Axie Infinity developer’s post-hack fundraise appeared first on The Block.

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Bitcoin miners are racing to deploy cooling systems that use liquid instead of air

Quick Take

  • As the geography of bitcoin mining changes, immersion cooling technologies have become increasingly popular over traditional air cooling.
  • At the forefront of this shift are Riot and Argo, two companies that have invested in large-scale facilities in Texas.

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