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Do Kwon, Terraform Labs, others hit with class action lawsuit

Do Kwon, Terraform Labs, others hit with class action lawsuit

A class action lawsuit accuses Do Kwon and others of selling unregistered securities and making false statements about the stability of the TerraUSD stablecoin and related token luna.

The post Do Kwon, Terraform Labs, others hit with class action lawsuit appeared first on The Block.

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Companies list hundreds of new crypto jobs despite recent layoffs

Despite the market downturn and many layoffs in the industry, some crypto firms are continuing to add new jobs.

The post Companies list hundreds of new crypto jobs despite recent layoffs appeared first on The Block.

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Binance says it is changing Brazil payments partner for better customer solution

Binance will replace Capitual with a local payment provider to be announced soon.

The post Binance says it is changing Brazil payments partner for better customer solution appeared first on The Block.

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Voyager Digital obtains loans from Alameda Research to safeguard assets

The first part is a cash/USDC-based credit facility of $200 million, while a second is for 15,000 in Bitcoin (BTC).

The post Voyager Digital obtains loans from Alameda Research to safeguard assets appeared first on The Block.

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FBI warns of increase in LinkedIn cryptocurrency scams, CNBC reports

The FBI has seen an increase in crypto fraud and has active investigations but could not comment about open cases.

The post FBI warns of increase in LinkedIn cryptocurrency scams, CNBC reports appeared first on The Block.

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Bitcoin drops below $20,000 as crypto market tumult continues

The biggest cryptocurrency has fallen more than 70% from its all-time high in November.

The post Bitcoin drops below $20,000 as crypto market tumult continues appeared first on The Block.

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Crypto trade organization CEO Michelle Bond anounces run for Congress

The CEO of the Association for Digital Asset Markets (ADAM) Michelle Bond announced her run for Congress on Thursday.

The post Crypto trade organization CEO Michelle Bond anounces run for Congress appeared first on The Block.

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Current State of NFTs

Quick Take

  • This piece summarizes key themes that have influenced the NFT market in the first half of 2022
  • After reaching an all-time high of $16.6B in January, NFT trading volumes have since consistently declined
  • Airdrops have emerged as an essential tool to capture NFT traders’ attention, while free mints have cast their spell on the space in the face of a major market downturn
  • NFT projects are enacting increasingly diverging strategies in terms of IP rights that gravitate towards both extreme ends of the spectrum
  • NFT financialization protocols have sprung up but still lack sufficient base liquidity

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Bitcoin mining stock report: Friday, June 17

Here’s how crypto mining companies performed on Friday, June 17.

The post Bitcoin mining stock report: Friday, June 17 appeared first on The Block.

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FATF to publish travel rule implementation report this month

The FATF is gearing up to publish a report on how member nations are implementing its travel rule and emerging views on DeFi.

The post FATF to publish travel rule implementation report this month appeared first on The Block.

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