Bitcoin miner Iris energy reported an increase of bitcoin mined over the month of May.
The post Iris Energy mined 10% more bitcoin in May appeared first on The Block.
Citadel Securities, the market-making firm founded by billionaire Ken Griffin, is in preparations to launch a digital assets trading ecosystem for brokerages.
The post Citadel Securities is gearing up to launch a crypto trading ecosystem for brokers appeared first on The Block.
Quick Take
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$2.5bn Market Capitalization as of June 2022 following their Nov-19 initial public offering
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La Jolla, California based commercial bank operating since 1988 with expansion into digital assets starting in 2013
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Operates the Silvergate Exchange Network (SEN), allowing clients to convert between stablecoins and fiat 24 / 7 / 365
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SEN Leverage product provides SEN clients U.S. denominated loans collateralized by Bitcoin holdings
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Provides digital asset clients with crypto custody with partnerships with Coinbase Custody and Fidelity Digital Assets
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Dec-21 announcement of EJF Silvergate Ventures Fund, a joint investment vehicle with EJF Capital focused on early-stage investing
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Recently acquired intellectual property (IP) and other technology assets from the Diem Group related to operating a blockchain payment networks
A group of international human rights activists have written an open letter to Congress advocating for a “responsible” crypto policy.
The post Open letter to Congress highlights rift among technologists over blockchains appeared first on The Block.
Quick Take
- Last month the digital assets sector received nearly $3.5 billion across 220 venture deals
- Data/Analytics/Information had its largest funding month in dollar terms in at least 27 months, receiving roughly $362 million across 18 deals
- For the first time in 21 months, dating back to July 2020, DeFi was not one of the two most popular deal types.
- NFTs/Gaming continues to be the most popular deal type by a large margin. For ten consecutive months, it has been the most favored deal type
Argo saw a decrease in Bitcoin mined in May due to factors like network difficulty and pool rewards.
The post Argo mined 25% less bitcoin in May appeared first on The Block.
The Coinbase Talent Hub currently lists 323 candidates and job postings from 93 companies as of publication time.
The post Coinbase launches hub for rescinded hires to connect with future employers appeared first on The Block.
Payments firm PayPal also scored a BitLicense from the state of New York.
The post PayPal adds new crypto services including transfers to other wallets appeared first on The Block.
Stablecoin issuer Circle has added support for Polygon USDC on its payment service for clients like exchanges and institutional trading desks.
The post Circle launches support for Polygon USDC stablecoin on its payments platform appeared first on The Block.
Ropsten is about to undergo its transition to proof of stake — as one of the final tests ahead of the merge on the main Ethereum blockchain.
The post Ethereum’s Ropsten test merge expected to initiate in next 48 hours appeared first on The Block.
