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Waning institutional demand is forcing high-yield crypto accounts to slash rates

Waning institutional demand is forcing high-yield crypto accounts to slash rates

Crypto yields have fallen consistently since peaking last year as stablecoin yields begin to follow suit.

The post Waning institutional demand is forcing high-yield crypto accounts to slash rates appeared first on The Block.

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Wormhole announces $10 million bug bounty payout

Wormhole paid out $10 million to a hacker who reported a security flaw, according to its bug bounty partner Immunefi.

The post Wormhole announces $10 million bug bounty payout appeared first on The Block.

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Bitcoin mining stock report: Friday, May 20

Here’s how crypto mining companies performed on Friday, May 20.

The post Bitcoin mining stock report: Friday, May 20 appeared first on The Block.

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BitMEX founder Arthur Hayes avoids jail time, sentenced to six months of home detention

Arthur Hayes, one of the founders of crypto exchange BitMEX, received a sentence of two years of probation.

The post BitMEX founder Arthur Hayes avoids jail time, sentenced to six months of home detention appeared first on The Block.

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Bakkt’s chief financial officer is departing the firm next month

Bakkt’s chief accounting officer Karen Alexander is stepping into the role in an interim basis, according to a memo.

The post Bakkt’s chief financial officer is departing the firm next month appeared first on The Block.

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Deciphering the Metaverse: The Maturation of Financial Instruments

Quick Take

  • This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds
  • While NFT liquidity has dried out on Ethereum over the last week, it has started to flourish on Solana
  • In support of more sophisticated NFT trading strategies, more elaborate financial tools have been developed

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OpenSea launches new marketplace protocol dubbed ‘Seaport’

OpenSea, the popular NFT marketplace, has launched a marketplace protocol with a range of new features.

The post OpenSea launches new marketplace protocol dubbed ‘Seaport’ appeared first on The Block.

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DFS chief Adrienne Harris explains how — and why — New York is speeding up the BitLicense pipeline

New York’s financial regulator is accelerating its work on crypto business licensing.

The post DFS chief Adrienne Harris explains how — and why — New York is speeding up the BitLicense pipeline appeared first on The Block.

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Aptos CEO faces billion dollar lawsuit by Glazer family member over equity

Aptos CEO Mo Shaikh and his lawyers at Quinn Emmanuel are seeking to have the case dismissed, the filings show. 

The post Aptos CEO faces billion dollar lawsuit by Glazer family member over equity appeared first on The Block.

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Luxury watchmaker TAG Heuer inks deal with BitPay to accept crypto online in the US

TAG Heuer makes luxury Swiss watches, and will now accept cryptocurrency as payment on US websites only.

The post Luxury watchmaker TAG Heuer inks deal with BitPay to accept crypto online in the US appeared first on The Block.

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