Last week, Anchor saw more than $1 billion in liquidations, the largest liquidation event for a single DeFi protocol.
The post Anchor saw $1 billion of liquidations during UST and Luna’s death spiral appeared first on The Block.
A fire and explosion at a New York bitcoin mining facility substation caused thousands of miners to go offline. No one was injured.
The post Thousands of Bit Digital miners go offline after explosion, fire at NY facility appeared first on The Block.
As per the bank, cryptocurrency holdings as a percentage of net worth represent a mere 0.3% of US household net worth compared to 29% for US equities.
The post Goldman Sachs says crypto decline should have limited impact on US spending appeared first on The Block.
Terraform Labs CEO Do Kwon said he edited a few distribution parameters “to accommodate community feedback.”
The post Do Kwon amends Terra 2.0 proposal during the vote on it appeared first on The Block.
In this episode of The Scoop, Abra CEO Bill Barhydt discusses how crypto-collateralized loans will enable a new array of financial services.
The post Digital collateral “changes everything,” says Abra CEO Bill Barhydt appeared first on The Block.
The Bored Ape NFT, worth at least $190,000, was blocked on OpenSea after a court injunction in Singapore over a loan deal gone bad.
The post OpenSea disables Bored Ape NFT amid legal case in Singapore appeared first on The Block.
Panama’s National Assembly passed a crypto asset regulation bill, but the country’s president is not ready to sign it into law.
The post Panama’s president not ready to endorse crypto regulation bill appeared first on The Block.
Former Commodity Futures Trading Commission (CFTC) head and crypto advocate Christopher Giancarlo has taken a seat as the chairman of crypto prediction platform Polymarket’s advisory board. The platform utilizes smart contracts to enable betting on event outcomes through the USDC stablecoin. Polymarket has said these are “decentralized information markets,” which are used to reflect public […]
The post Polymarket appoints former CFTC chief Giancarlo as chair of advisory board appeared first on The Block.
After publicly announcing plans to slow hiring, tough market conditions have pushed crypto exchange Coinbase to look for ways to slash spending, according to emails obtained by The Information.
The post Coinbase is launching an initiative to slash spending and grow revenue: The Information appeared first on The Block.
The effort rewards young people who have vaccinated themselves against COVID-19, who can then keep or sell their NFT on secondary markets.
The post Chicago to let vaccinated teens mint NFTs of themselves as part of COVID-19 prevention effort appeared first on The Block.
