Apple showed its board a headset combining AR and VR that could be launched to consumers next year.
The post Apple holds internal high-level presentation on AR-VR headset: Bloomberg appeared first on The Block.
Here’s how crypto mining companies performed in the market on Thursday, May 19.
The post Bitcoin mining stock report: Thursday, May 19 appeared first on The Block.
The signatories requested that the Fed conduct a “detailed analysis” on a series of questions as it moves forward on a CBDC.
The post House Republicans seek more analysis on a possible US CBDC in letter to the Fed appeared first on The Block.
Quick Take
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- L1 ecosystems that have built connections with Terra and its native assets are adjusting to a new reality as they contend with the fallout of UST’s collapse
- This week, we take a look at Cosmos, Avalanche, and Solana
Commonwealth CEO Matt Comyn adds that more regulation would be needed before re-activating and advancing crypto trading features.
The post One of Australia’s largest banks pauses in-app crypto pilot amid market downturn: Guardian appeared first on The Block.
The Block reviewed a demonstration of Storyline, a new investigative technology from crypto analytics firm Chainalysis.
The post New tech streamlines investigations into illicit crypto use appeared first on The Block.
Quick Take
- Layer 0s have typically been used to scale existing Layer 1 blockchains
- LayerZero, a cross-chain interoperability protocol, has an L0 architecture as well, hence its name
- Given the recent rise of L0s, a formal definition of them has yet to be established across the industry, resulting in slightly varied definitions across various contexts
- LayerZero has built a series of cross-chain endpoints that essentially allows it to function as a messaging fabric under the existing L1s
- The definition of L0s is likely to still be refined slightly over time, though the utility it currently provides and will eventually provide is definitely going to be an integral part of the crypto landscape
Tether reduced its commercial paper holdings to $19.9 billion from $24.2 billion.
The post Tether reduces commercial paper holdings to improve quality of reserves appeared first on The Block.
Binance US has hired Krishna Juvvadi as vice president and head of legal, the crypto exchange operator announced on Thursday.
The post Binance US hires former DOJ official as head of legal appeared first on The Block.
A protocol focused on carving out dedicated blockchain space for gaming and entertainment developers today announced a $6.5 million seed-stage fundraise.
The post Saga raises $6.5 million to build scalable ‘chainlets’ for web3 developers appeared first on The Block.
