GameStop announced on July 11 that it has launched an NFT marketplace.
The post GameStop goes live with public beta of NFT marketplace appeared first on The Block.
In a letter issued by Twitter’s legal representatives this weekend and released Monday, the company said Elon Musk’s move to terminate the $44 billion Twitter acquisition is “invalid and wrongful.”
The post Twitter declares Musk deal termination bid ‘invalid’ in new letter appeared first on The Block.
Bitcoin miners in Texas are powering down amid a heatwave in Texas and as the grid operator asks residents to save energy.
The post As Texas grid operator calls for energy conservation, some bitcoin miners paused operations appeared first on The Block.
Celsius continues to repay and reclaim large amounts of collateral from its DeFi positions.
The post Celsius transfers $124 million in wrapped bitcoin from Aave appeared first on The Block.
Compass mining regained access to its miners hosted with Dynamics Corp in Maine via a court order.
The post Compass Mining recovers machines from hosting provider following court order appeared first on The Block.
Quick Take
- Trading exchanges offer various services, however, the fee generated from trading is the main source of revenue.
- Lowering the trading fees is one of the obvious ways to incentivize more traders to interact with the exchange.
- Overall, Luno and FTX are the cheapest exchanges whereas Gate.io and crypto.com are the most expensive exchanges for spot trading
- Luno maintains its ‘zero trading fees for makers’ status for the second year in a row, while Coinbase Pro increased its trading fees
Quick Take
- A crypto veteran that survived multiple bear markets since 2011, Blockchain.com has been embracing a slow and steady approach, making business decisions based on long-term horizon rather than cyclical market spikes
- Blockchain.com’s product suite includes a non-custodial wallet, crypto exchange, Blockchain Explorer / APIs and institutional services
- In March 2022, Blockchain.com raised a Series D round at a $14 billion valuation – this round was led by Lightspeed Venture Partners with “significant participation” from UK-based independent investment manager Baillie Gifford (amount raised undisclosed)
- Blockchain.com’s 2022 focus includes increasing its marketing efforts, accelerating LatAm expansion and launching its NFT service
- A crypto veteran that survived multiple bear markets since 2011, Blockchain.com has been embracing a slow and steady approach, making business decisions based on long-term horizon rather than cyclical market spikes
- Blockchain.com’s product suite includes a non-custodial wallet, crypto exchange, Blockchain Explorer / APIs and institutional services
- In March 2022, Blockchain.com raised a Series D round at a $14 billion valuation – this round was led by Lightspeed Venture Partners with “significant participation” from UK-based independent investment manager Baillie Gifford (amount raised undisclosed)
- Blockchain.com’s 2022 focus includes increasing its marketing efforts, accelerating LatAm expansion and launching its NFT service
Greenidge Generation mined 230 BTC in June and ended the month with a hash rate of 2.5 exahash per second.
The post Greenidge Generation mined rougly 18% more bitcoin in June appeared first on The Block.
Vauld has disclosed a shortfall of $70 million in a letter to creditors.
The post Vauld issues letter to its creditors, disclosing $70 million shortfall appeared first on The Block.
It had previously been valued at more than $45 billion.
The post Klarna valuation cut to $6.7 billion in $800 million fundraise appeared first on The Block.
