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Cryptographers launch web3 research house for zero-knowledge systems

Cryptographers launch web3 research house for zero-knowledge systems

A group of former founders and cryptographers have launched a research house focused on building the deep infrastructure of web3

The post Cryptographers launch web3 research house for zero-knowledge systems appeared first on The Block.

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CoinFLEX plans new token to raise funds days after halting withdrawals

CoinFLEX announces plans for a $47 million token issue after halting withdrawals.

The post CoinFLEX plans new token to raise funds days after halting withdrawals appeared first on The Block.

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Kaiko closes $53 million Series B funding round

Crypto data firm Kaiko has bagged $53 million in fresh funding even as venture capital investors tighten their purse strings.

The post Kaiko closes $53 million Series B funding round appeared first on The Block.

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Two charged for alleged plan to steal tens of millions of dollars in bitcoin from New York home

The accused duo allegedly planned to break into the home in the middle of the night and force its residents to provide the code to a bitcoin private key.

The post Two charged for alleged plan to steal tens of millions of dollars in bitcoin from New York home appeared first on The Block.

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Bitcoin mining stock report: Monday, June 27

Here’s how crypto mining companies performed on Monday, June 27.

The post Bitcoin mining stock report: Monday, June 27 appeared first on The Block.

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Lebanon’s university students turn to crypto as hyperinflation roils the country

The American University of Beirut has developed a new curriculum for cryptocurrency over the past year.

The post Lebanon’s university students turn to crypto as hyperinflation roils the country appeared first on The Block.

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BlockFi Company Intelligence

Quick Take

  • Founded in 2017, BlockFi offers various crypto financial services, including interest accounts, trading, wallet, crypto credit card, crypto loan and institutional services
  • With the $100 million SEC settlement, Celsius ripple effect, 20% headcount cut and 80% reduction in valuation ($5 billion to $1 billion), BlockFi is having a rough 2022
  • This June, BlockFi signed a term sheet with FTX to secure a $250 million revolving credit facility to bolster BlockFi’s balance sheet and platform strength

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Robinhood stock price jumps following report that FTX is weighing acquisition bid

Robinhood’s stock price jumped as much as 12% on Monday afternoon on news that crypto exchange company FTX is internally mulling an acquisition bid.

The post Robinhood stock price jumps following report that FTX is weighing acquisition bid appeared first on The Block.

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Hacker begins laundering funds from $100 million Harmony bridge attack

The hacker has started funneling funds via the Tornado Cash coin mixing service despite Harmony offering a $1 million bounty.

The post Hacker begins laundering funds from $100 million Harmony bridge attack appeared first on The Block.

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Grayscale preps for ‘all possible ruling scenarios’ on GBTC conversion

Grayscale is gearing up for an SEC decision on the conversion of its Grayscale Bitcoin Trust to a spot bitcoin ETF.

The post Grayscale preps for ‘all possible ruling scenarios’ on GBTC conversion appeared first on The Block.

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