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Tether is launching a British pound-pegged stablecoin

Tether is launching a British pound-pegged stablecoin

Dubbed GBPT, the stablecoin will initially be available on the Ethereum blockchain.

The post Tether is launching a British pound-pegged stablecoin appeared first on The Block.

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Former senior manager at Huobi accused of illicit trading: FT

A former senior manager at Huobi, the crypto exchange, faces accusations that he secretly made $5 million by trading against an account that he controlled.

The post Former senior manager at Huobi accused of illicit trading: FT appeared first on The Block.

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Director Spike Lee sees potential for NFTs to ‘democratize’ film funding: NFT NYC

The reason to use NFTs comes from his own experience, describing how people who funded his films in the 80’s still receive royalties.

The post Director Spike Lee sees potential for NFTs to ‘democratize’ film funding: NFT NYC appeared first on The Block.

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The Terra collapse is creating new crypto tax questions for the IRS

Quick Take

  • Last month, the steep drop in value of the TerraUSD stablecoin and a related Terra-based asset called luna led many people to sustain considerable losses. 
  • Does the US tax code offer any recourse?

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Bitcoin mining stock report: Tuesday, June 21

Here’s how crypto mining companies performed on Tuesday, June 21.

The post Bitcoin mining stock report: Tuesday, June 21 appeared first on The Block.

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Binance.US is raising an additional $50 million, CoinDesk reports

Crypto exchange Binance.US is looking to raise up to $50 million at a $4.5 billion valuation, CoinDesk reported. 

The post Binance.US is raising an additional $50 million, CoinDesk reports appeared first on The Block.

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European crypto ETN and ETP report: Tuesday, June 21

Here’s how crypto investment vehicles performed in Europe on Tuesday, June 21.

The post European crypto ETN and ETP report: Tuesday, June 21 appeared first on The Block.

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Uniswap Labs acquires NFT marketplace Genie

The move marks part of its expansion effort to include NFTs and ERC-20 tokens on its platform.

The post Uniswap Labs acquires NFT marketplace Genie appeared first on The Block.

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Bitfarms gives up 3,000 BTC to pay down $100 million loan from Galaxy Digital

Bitcoin miner Bitfarms paid down part of a $100 million loan with the sale of 3,000 bitcoin.

The post Bitfarms gives up 3,000 BTC to pay down $100 million loan from Galaxy Digital appeared first on The Block.

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Convex liquidity declines amid imminent $126 million token unlock

$126 million worth of Convex (CVX) tokens are about to be unlocked at a time when the liquidity for CVX swaps is on the decline.

The post Convex liquidity declines amid imminent $126 million token unlock appeared first on The Block.

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