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What bear market? NFT NYC showcased the wild and opulent world of NFT culture

What bear market? NFT NYC showcased the wild and opulent world of NFT culture

Despite the slumping crypto market in the background, the 4th annual NFT NYC focused on NFT riches and featured glamourous parties.

The post What bear market? NFT NYC showcased the wild and opulent world of NFT culture appeared first on The Block.

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Celsius seeks show of client support as lawyers push for Chapter 11 bankruptcy

The embattled crypto lender is resisting a recommendation from its own lawyers to file for Chapter 11 bankruptcy — and seeking a show of support from users.

The post Celsius seeks show of client support as lawyers push for Chapter 11 bankruptcy appeared first on The Block.

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Azuro raises $4 million to build a decentralized betting ecosystem

Azuro, a platform that aims to decentralize the betting market, has raised a $4 million round, according to a release. 

The post Azuro raises $4 million to build a decentralized betting ecosystem appeared first on The Block.

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Bybit to offer futures contracts settled in the USDC stablecoin

Crypto exchange Bybit will offer futures contracts settled in USDC stablecoin.

The post Bybit to offer futures contracts settled in the USDC stablecoin appeared first on The Block.

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Australian crypto trading firm Banxa to lay off almost a third of its staff: AFR

Banxa’s CEO reportedly said the firm grew too quickly and must now reduce the number of employees to cope with the crypto bear market.

The post Australian crypto trading firm Banxa to lay off almost a third of its staff: AFR appeared first on The Block.

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Voyager Digital issues default notice against Three Arrows Capital

The crypto app has issued a default notice against Three Arrows Capital for failure to repay a loan worth more than $650 million.

The post Voyager Digital issues default notice against Three Arrows Capital appeared first on The Block.

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Shares in Coinbase down 5% in pre-market as Goldman Sachs downgrades stock to sell

Goldman Sachs downgrades Coinbase stock to sell as the crypto exchange prepares for tougher economic conditions.

The post Shares in Coinbase down 5% in pre-market as Goldman Sachs downgrades stock to sell appeared first on The Block.

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Hacker returns half of the $3.8 million they stole from NFT lender XCarnival

The NFT lending pool has negotiated with the hacker to return half of the stolen funds and keep the remainder.

The post Hacker returns half of the $3.8 million they stole from NFT lender XCarnival appeared first on The Block.

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Vibe Bio CEO explains how this DAO plans to revolutionize the trillion dollar pharmaceutical industry

In this episode of The Scoop, Vibe Bio Co-Founder & CEO Alok Tayi shares how Vibe Bio will attempt to disrupt the pharmaceutical industry, and explains the advantages of using a decentralized autonomous organization (or ‘DAO’) to organize the members of the Vibe community.

The post Vibe Bio CEO explains how this DAO plans to revolutionize the trillion dollar pharmaceutical industry appeared first on The Block.

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Accel’s fintech partner welcomes VC market slowdown after frantic year

Quick Take

  • Fintech-focused investor Andrei Brasoveanu says that venture capitalists spent 2021 “in catch-up mode.”
  • The Accel partner also shares his thoughts on the limits of inflationary tokenomics, following stresses at major crypto firms.

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