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How extreme Texas weather impacts the bitcoin mining industry

How extreme Texas weather impacts the bitcoin mining industry

Weather plays a big role in the success of bitcoin mining operations, according to a top executive in the space.

The post How extreme Texas weather impacts the bitcoin mining industry appeared first on The Block.

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Optimism exploiter claims willingness to return 18 million OP tokens

In an on-chain message sent to Ethereum co-founder Vitalik Buterin’s Optimism address, the unknown perpetrator offered to return the exploited tokens.

The post Optimism exploiter claims willingness to return 18 million OP tokens appeared first on The Block.

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Circle to acquire crypto infrastructure startup Cybavo 

The issuer of the USDC stablecoin has agreed to acquire Cybavo, a crypto infrastructure startup that serves institutional customers.

The post Circle to acquire crypto infrastructure startup Cybavo  appeared first on The Block.

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Wall Street’s largest banks are tapping into the crypto market through derivatives

In this episode of The Scoop, James Stickland, CEO of Alan Howard-backed Elwood Technologies, explains how institutions are gaining exposure to digital assets through derivatives today.

The post Wall Street’s largest banks are tapping into the crypto market through derivatives appeared first on The Block.

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Mastercard announces new crypto partners for its NFT payments service

Mastercard has announced plans to widen access to the NFT market through the use of card payments.

The post Mastercard announces new crypto partners for its NFT payments service appeared first on The Block.

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SEC court win over Terraform and Do Kwon opens door for UST investigation, class actions

The decision is an important step in establishing the jurisdiction of US regulators and courts over the firm.

The post SEC court win over Terraform and Do Kwon opens door for UST investigation, class actions appeared first on The Block.

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Bitcoin miners in Texas have been powering down amid heatwave and record electricity demand

An influx of Bitcoin miners into Texas has added lots of new power demand. A heatwave is making some of them power down.

The post Bitcoin miners in Texas have been powering down amid heatwave and record electricity demand appeared first on The Block.

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PartyBid creator PartyDAO raises $16.4 million led by a16z

The new funding suggests that interest in NFT fractional ownership is still strong despite the broader crypto market downturn.

The post PartyBid creator PartyDAO raises $16.4 million led by a16z appeared first on The Block.

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European crypto ETN and ETP report: Thursday, June 9

Here’s how crypto investment vehicles performed in Europe on Thursday, June 9.

The post European crypto ETN and ETP report: Thursday, June 9 appeared first on The Block.

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May crypto VC roundup: Lowest funding total in last six months 

Quick Take

  • May saw venture capital investment of around $3.5 billion in crypto startups — the lowest since last October.
  • Twenty new crypto VC funds were also launched, including from a16z, Standard Crypto and SPiCE VC.

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