Numerous crypto firms have moved to cut their employee counts in recent months.
The post Crypto firms have laid off more than 1,500 people in the last two months as downturn fears persist appeared first on The Block.
SEC Chair Gensler reiterated his concern that much of the activity in the crypto space could fall under the securities regime.
The post SEC’s Gensler says there’s a regulatory path forward for crypto lenders appeared first on The Block.
Here’s how crypto mining companies performed on Tuesday, June 14.
The post Bitcoin mining stock report: Tuesday, June 14 appeared first on The Block.
The move reflects the outcome of a May 12 shareholders vote approving the conversion and “simplifies” the firm’s equity capital structure.
The post Overstock converts preferred stock token to common stock appeared first on The Block.
The House of Representatives is preparing to hear testimony on digital asset regulation, The Block has learned.
The post Congress preps hearing on ‘Future of Digital Assets Regulation’ for later this month appeared first on The Block.
Quick Take
- Based in Menlo Park, California, Kleiner Perkins is a venture capital firm specializing in investing in incubation, early-stage, and growth companies
- As far back as 2015, the Silicon Valley investment firm was interested in Bitcoin and the potential of digital assets when it made its first bet on the sector with its investment in Veem (Formerly Align Commerce)
- In total, Kleiner Perkins has made 13 investments across seven verticals, which The Block has mapped out
The Celsius native token temporarily spiked in price on Tuesday despite uncertainty surrounding the lending platform.
The post Celsius crypto token price spikes before falling again appeared first on The Block.
Here’s how crypto investment vehicles performed in Europe on Tuesday, June 14.
The post European crypto ETN and ETP report: Tuesday, June 14 appeared first on The Block.
TronDAO has bought a further 500 million USDC stablecoin today, it announced on Twitter.
The post Tron DAO Reserve adds another 500 million USDC to help USDD stablecoin peg appeared first on The Block.
New York City mayor Eric Adams said that he intends to ask Governor Kathy Hochul to veto the crypto mining moratorium bull that the legislature passed, according to a report.
The post Eric Adams wants NY governor Hochul to veto crypto mining moratorium bill appeared first on The Block.
