DeepNFTValue, a crypto startup that estimates the worth of NFTs using machine-learning techniques, has raised $4 million.
The post DeepNFTValue raises $4 million to expand beyond pricing CryptoPunks appeared first on The Block.
Musk is citing a disagreement with Twitter over the number of fake accounts on the platform.
The post Elon Musk aims to terminate $44 billion Twitter deal appeared first on The Block.
Here’s how crypto mining companies performed on Friday, July 8.
The post Bitcoin mining stock report: Friday, July 8 appeared first on The Block.
Spanish non-profit Association of Financial Users has launched a platform aimed at helping 2gether’s users take legal action.
The post Spanish crypto platform 2gether closes unexpectedly: RTVE appeared first on The Block.
Recent letters to a group of banks behind Zelle raise the question of responsibility for instant fund transfers and the role of third parties.
The post Senators grill banks behind Zelle for not intervening in payments to scams appeared first on The Block.
Quick Take
- Doodles is a Web3-centric brand aiming to achieve mass adoption by means of a multi-modal approach
- Its technical innovation in the area of wrapped NFTs allows users to seamlessly switch between its two flagship collections
- Although its bucket auction design has drastically reduced transaction fees during the Genesis Box NFT mint, it has at the same time negatively affected the resulting ownership distribution
The Tron founder tells The Block “lots of” companies have reached out for support as crypto markets slide.
The post Justin Sun says he’s ready to spend $5 billion on acquisitions as crypto firms struggle appeared first on The Block.
The bitcoin miner said that a storm in Montana played a large role in the drop in production in June compared with May.
The post Marathon’s bitcoin production fell by 47.8% in June after storm knocked much of its mining fleet offline appeared first on The Block.
Quick Take
- Digital asset lender Voyager Digital (VOYG-CA) suffering from liquidity constraints and continued cascading liquidations triggered during May-22’s Luna/UST collapse
- Filed for Chapter 11 bankruptcy protection on July 5, 2022
- Financial turmoil follows a two year bull period between 2020 – 2022 where Voyager saw users balloon from 120,000 to +3.5mm
- Latest firm in the digital asset ecosystem to face fallout from declining token prices
The news was revealed in a shareholder letter stating that Blockchain.com “remains liquid, solvent and our customers will not be impacted.”
The post Blockchain.com stands to lose $270 million on Three Arrows loans: CoinDesk appeared first on The Block.
