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As FTX looks to convince market participants to get on board with its proposal to launch crypto-tied derivatives in the US, there’s one unusual group the exchange operator is looking to assuage: American farmers.

The post FTX says farmers don’t need to worry about its US derivatives proposal appeared first on The Block.

Here’s how crypto mining companies performed on Tuesday, May 31.

The post Bitcoin mining stock report: Tuesday, May 31 appeared first on The Block.

With Optimism’s RPCs going down, users could not buy or sell OP since they couldn’t access the Optimism blockchain.

The post Optimism falters under high traffic following OP token launch appeared first on The Block.

The token is set to shift Optimism’s structure by fueling The Optimism Collective, Optimism’s bicameral governance system.

The post Optimism’s governance token officially goes live appeared first on The Block.

BIT mining announced on Tuesday the first closing of the acquisition of Bee Computing, a hardware manufacturer.

The post BIT Mining completes first closing in Bee Computing acquisition appeared first on The Block.

Quick Take

• As the blockchain space evolves into segregated Layer 1 chains, liquidity and ecosystems become increasingly fragmented
• While ecosystems can technically be “bridged” by porting code across compatible chains, the liquidity remains isolated across chains
• Cross-chain bridges are essentially liquidity pools that allow users to move liquidity across supported chains
• Several cross-chain bridges have surfaced over the past year, and while they fundamentally share the same concept, there are minor differences in their implementations
• As cross-chain bridges start growing in total value locked, it becomes increasingly important to understand the security assumptions associated with each of these bridges

The global standard setter for banking regulation want to finalize its treatment of crypto assets near the end of this year.

The post Basel Committee to issue second consultation on crypto appeared first on The Block.

Elon Musk has denounced the help that Dogecoin creator Jackson Palmer gave him four years ago, in a string of tweets.

The post Elon Musk says Dogecoin creator didn’t help him to fix Twitter bots appeared first on The Block.

Optimism’s anticipated token airdrop is set to happen later today, according to a spate of third party announcements.

The post Optimism (OP) token to hit market today, centralized exchanges say appeared first on The Block.

Digital storage has come a long way since the early 1900s.

The post Decentralized Storage: A Primer – Commissioned by W3BCLOUD appeared first on The Block.