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Crema Finance suspends liquidity protocol on Solana amid probe of hack 

Crema Finance suspends liquidity protocol on Solana amid probe of hack 

Crema Finance temporarily suspended services this morning because of a hack that drained an undisclosed amount of funds.

The post Crema Finance suspends liquidity protocol on Solana amid probe of hack  appeared first on The Block.

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Coinbase plans to expand into more European markets, despite downturn

Coinbase Global said in a blog post that it was planning to expand in Europe, despite a digital asset market downturn. 

The post Coinbase plans to expand into more European markets, despite downturn appeared first on The Block.

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OpenSea co-founder Alex Atallah to leave company, remain on board 

Atallah co-founded the New York-based NFT marketplace in 2018 with CEO Devin Finzer.

The post OpenSea co-founder Alex Atallah to leave company, remain on board  appeared first on The Block.

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OpenSea CTO Alex Atallah to leave company, remain on board 

Atallah co-founded the New York-based NFT marketplace in 2018 with CEO Devin Finzer.

The post OpenSea CTO Alex Atallah to leave company, remain on board  appeared first on The Block.

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Ethereum mining revenues fell by roughly 45% in June

Ethereum mining revenues were $528 million in June — a 45.5% drop from the previous month.

The post Ethereum mining revenues fell by roughly 45% in June appeared first on The Block.

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Bitcoin mining revenues fell by over 26% in June

Bitcoin mining revenues were $668 million in June — a 26.3% drop from the previous month.

The post Bitcoin mining revenues fell by over 26% in June appeared first on The Block.

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Ignite’s workforce reduced by more than half, CoinDesk says 

Ignite dismissed some employees and others volunteered to leave in return for severance packages, according to the report.

The post Ignite’s workforce reduced by more than half, CoinDesk says  appeared first on The Block.

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KuCoin CEO dismisses rumors of halting withdrawals, reserves right to legal action  

Cryptocurrency exchange KuCoin today denied “rumors” suggesting that the company might halt withdrawals owing to losses suffered amid the recent market turmoil. 

The post KuCoin CEO dismisses rumors of halting withdrawals, reserves right to legal action   appeared first on The Block.

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Meta to close down Novi crypto payments wallet in September 

Meta urged users to withdraw any remaining balances from their Novi accounts before September 1.

The post Meta to close down Novi crypto payments wallet in September  appeared first on The Block.

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Magic Eden hires Doll from Fenwick & West to serve as general counsel

Prior to Magic Eden, Doll served as a corporate associate for Fenwick & West, where he structured, negotiated and executed equity and token fundings.

The post Magic Eden hires Doll from Fenwick & West to serve as general counsel appeared first on The Block.

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