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June Research and Analysis Report

June Research and Analysis Report

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Indonesian crypto exchange Pintu raises $113 million

Indonesia-based cryptocurrency exchange Pintu has raised $113 million in a Series B funding round despite difficult market conditions.

The post Indonesian crypto exchange Pintu raises $113 million appeared first on The Block.

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BlockFi is raising a down round at $1 billion valuation: sources

“Private valuations are being adjusted,” noted one market participant. 

The post BlockFi is raising a down round at $1 billion valuation: sources appeared first on The Block.

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New report sheds light on how North Korean hackers used Binance to launder stolen funds

According to the report, from 2017 to 2021 criminal groups used Binance to process at least $2.35 billion worth of illicit money.

The post New report sheds light on how North Korean hackers used Binance to launder stolen funds appeared first on The Block.

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SEC is investigating Binance’s BNB token: Bloomberg

The Securities and Exchange Commission (SEC) is investigating whether Binance’s BNB token was a security at the time of its sale in 2017, according to Bloomberg.

The post SEC is investigating Binance’s BNB token: Bloomberg appeared first on The Block.

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Bitcoin mining stock report: Monday, June 6

Here’s how crypto mining companies performed on Monday, June 6.

The post Bitcoin mining stock report: Monday, June 6 appeared first on The Block.

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Paradigm poaches Brex’s top lawyer as its chief legal officer

Biber, who was tapped by Paradigm from credit card startup Brex, announced her arrival to the investment firm on Monday.

The post Paradigm poaches Brex’s top lawyer as its chief legal officer appeared first on The Block.

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Apple announces new buy now, pay later feature via Apple Pay

Tech giant Apple is jumping into the buy now, pay later (BNPL) fray via a new Apple Pay feature. The feature, dubbed Apple Pay Later, will mirror similar services, with zero interest or fees, with payments being made in four equal increments. Such payments can be issued to merchants that accept Apple Pay. The announcement […]

The post Apple announces new buy now, pay later feature via Apple Pay appeared first on The Block.

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Bitcoin miner Hive grew its hash rate by 8% in May

Bitcoin miner Hive grew its hash rate by 8% in May, according to the company’s most recent operational update.

The post Bitcoin miner Hive grew its hash rate by 8% in May appeared first on The Block.

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Pay-to-earn game Axie Infinity’s revenue continues to slide

Last week was the first time the game brought in less than $1 million in revenue since February of 2021.

The post Pay-to-earn game Axie Infinity’s revenue continues to slide appeared first on The Block.

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