Developers merged Ropsten’s proof-of-work chain with its beacon chain.
The post Ethereum’s Ropsten proof-of-stake ‘test merge’ goes live appeared first on The Block.
Bitcoin network difficulty increased by 1.29%, according to BTC.com.
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Frax Finance co-founders have proposed a $20 million token buyback and burn program to boost the FXS token price.
The post Frax co-founders propose spending $20 million to buyback FXS token appeared first on The Block.
Quick Take
- Crypto Unicorn is a Polygon-based farming simulation game by Laguna Games.
- Like most P2E games, Crypto Unicorn’s virtual economy is based on a dual-token model: RBW and UNIM.
- Its land gameplay is different from most social and gaming metaverses as it doesn’t offer a “world map” for its land.
- This piece takes a deeper look at Crypto Unicorn’s game design and its token economics.
DeFi data and trade services provider Skolem announced a $20 million round amid a slowdown in such deals.
The post Skolem announces $20 million Series A round led by Galaxy Digital appeared first on The Block.
It plans to use this fresh round of funding to increase its headcount and continue building out proprietary technology infrastructure.
The post Valkyrie raises $11.15 million in strategic fundraising appeared first on The Block.
South Korean crypto exchanges Upbit and Bithumb will delist Litecoin because of its newly activated privacy features.
The post Major Korean exchanges delist Litecoin due to its new privacy features appeared first on The Block.
Quick Take
- In May, fintech investment slightly recovered from the prior month’s year low.
- Fintech startups raised $7.3 billion in May, up from $6.4 billion in April.
Wallet provider Ledger and global VC firm Cathay Innovation have teamed up to launch a $110 million fund to invest in web3 startups.
The post Ledger and VC firm Cathay Innovation launch $110 million crypto fund appeared first on The Block.
The payments platform based in Ecuador has raised $100 million in Series B financing at a unicorn valuation.
The post Kushki hits unicorn status as payments platform raises $100 million appeared first on The Block.
