The crypto exchange won’t accept litecoin transactions using MimbleWimble Extension Blocks (MWEB).
The post Binance warns against use of litecoin’s Mimblewimble privacy feature appeared first on The Block.
Cryptocurrency prices sank on Monday as Celsius halted withdrawals on its lending platform.
The post Cryptocurrency prices plunge as global market cap falls below $1 trillion appeared first on The Block.
The project had been preparing for potential market turbulence following the collapse of Terra.
The post Tron deploys $2 billion from reserves to guard against shorts appeared first on The Block.
The crypto lending firm wants to buy assets from beleaguered rival Celsius, claiming it’s in a healthy position to do so.
The post Nexo offers to buy crypto assets from beleaguered rival Celsius appeared first on The Block.
Crypto lending firm Celsius told clients in an email Sunday evening that it is pausing withdrawals and transfers, citing market conditions.
The post Crypto lending firm Celsius pauses withdrawals and transfers, citing market conditions appeared first on The Block.
The purchase was announced in a tweet saying it was meant to “safeguard the overall blockchain industry and crypto market.”
The post Tron Dao buys $50M of Bitcoin and TRX to add to USDD reserves appeared first on The Block.
The lawsuit claims that: “If the amendment is allowed to go into effect, it will impose a mass surveillance regime on ordinary Americans.”
The post Coin Center sues Treasury and IRS, claims tax-reporting rule unconstitutional appeared first on The Block.
A BlockFi spokesperson said the company is “eager to engage” with policymakers to help define the regulatory and tax environment for digital assets.
The post BlockFi hires lobbying firm after record fine by SEC, Reuters says appeared first on The Block.
Enabling crypto payments does not mean companies will be holding digital assets, as more than half plan to have payment processors convert crypto into fiat currency.
The post Deloitte: 85% of US merchants surveyed say enabling crypto payments is high priority appeared first on The Block.
Quick Take
- Fueled by the NFT mint craze, NFT projects have amassed massive treasuries
- In total, the top 45 projects accumulated an aggregate of 215.6K ETH ($372.1mm at the current ETH price) in primary revenue
- Surprisingly, 67% of the total treasury balance was already liquidated or moved within the first week after inception
- Although two basic treasury management types emerged, there appears to be a lot of room for improvement and the need for more sophisticated processes
