Former executives from Binance have closed a $100 million fund focused on blockchain investments.
The post $100 million fund founded by ex-Binance execs comes out of stealth appeared first on The Block.
Crypto exchanges have started throwing their weight behind Do Kwon’s plan to raise Terra and its token LUNA from the ashes of a devastating collapse earlier this month.
The post Crypto exchanges signal support for Terra’s ‘rebirth’ appeared first on The Block.
Kongregate.com will begin incorporating blockchain-based games and rebranding to a web3 oriented gaming site later into 2022.
The post Web game developer Kongregate and Immutable launch $40 million fund for blockchain games appeared first on The Block.
Golf brand Callaway is forging a relationship with non-fungible token (NFT) group LinksDAO, and that includes an investment in its ongoing equity round, CoinDesk reports.
The post Golf equipment brand Callaway forges relationship with NFT club LinksDAO appeared first on The Block.
Here’s how crypto mining companies performed on Wednesday, May 25.
The post Bitcoin mining stock report: Wednesday, May 25 appeared first on The Block.
Bitcoin’s difficulty level fell about -4.33% during May 25’s adjustment. The last time it had dropped that much was amid China’s crackdown on mining.
The post Bitcoin network difficulty dips more than 4%, the most since July 2021 appeared first on The Block.
The Portuguese Parliament voted against two separate proposals from minority political parties to tax crypto assets.
The post Portugal’s Parliament rejects crypto tax proposals amidst budget negotiations appeared first on The Block.
Quick Take
- Based in San Francisco, California, Kraken is one of the longest operating cryptocurrency exchanges, co-founded by Jesse Powell in 2011.
- The exchange has been one of the most active participants in Crypto M&A with 12 acquisitions
- In February 2021, Kraken established Kraken Ventures, an independent venture fund that has made at least 20 investments across the crypto ecosystem
Jack Dorsey has stepped down from the Twitter board of directors, a move signaled last fall when he departed the social media giant’s C-suite.
The post Jack Dorsey exits Twitter board of directors months after departing CEO role appeared first on The Block.
The floor price of the NFT collection CryptoPunks has dropped by more than 50% in dollar terms from last month.
The post CryptoPunks floor price drops below $100,000, down 50% from last month appeared first on The Block.
