Korean startup Uprise lost $20 million in client funds by shorting Luna during its price collapse — and getting caught on the bounces.
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The change will allow owners to create derivative projects, mint fan art and make and sell merchandise featuring their avatar.
The post Nike-owned RTFKT grants CloneX holders commercial rights to NFTs appeared first on The Block.
With trouble at Terra, Celsius and Three Arrows Capital — not the mention the wider market rout — crypto firms have had to make cuts. Here’s a list.
The post Boom turns to bust: a summary of recent crypto layoffs appeared first on The Block.
Ethereum-based credit service Porter Finance has shut down its bond issuance platform, citing a lack of demand.
The post DeFi credit service Porter Finance shuts down bond issuance platform appeared first on The Block.
Crypto broker Voyager Digital has filed for Chapter 11 bankruptcy in a New York court.
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Virtu Financial is growing its footprint in the crypto market. Now it is on the hunt for a weekend trader to work on its new crypto trading desk.
The post One of Wall Street’s largest trading firms is hiring a crypto trader for the weekends appeared first on The Block.
Crypto trading volumes have fallen off a cliff and now Bistamp will charge inactive users a fee beginning next month.
The post Crypto exchange Bitstamp to charge inactive accounts a fee appeared first on The Block.
Here’s how crypto mining companies performed on Monday, July 5.
The post Bitcoin mining stock report: Monday, July 5 appeared first on The Block.
Quick Take
- Michelle Bond, CEO of the Association for Digital Asset Markets (ADAM), has decided to run for Congress.
- The Block sat down with Bond to talk about what she hopes to accomplish through her campaign — for crypto and beyond.
Jason Choi and Daryl Wang, both former executives at VC firms in Asia, are launching a Web3 investment firm.
The post Crypto execs launch Web3 investment firm Tangent appeared first on The Block.
