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Blockchain gaming startup N3TWORK Studios raised $46 million in Series A funding

Blockchain gaming startup N3TWORK Studios raised $46 million in Series A funding

N3TWORK games incorporates free-to-play elements and blockchain technology such as non-fungible tokens, into its mobile games. 

The post Blockchain gaming startup N3TWORK Studios raised $46 million in Series A funding appeared first on The Block.

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Bitso officially launches its app in Colombia

Latin America cryptocurrency exchange Bitso has officially launched its app in Colombia.

The post Bitso officially launches its app in Colombia appeared first on The Block.

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Terra backer Pantera Capital says it cashed out 80% of investment before UST crash

Pantera Capital, one of the high-profile backers of Terraform Labs, cashed out 80% of its investment well before UST’s collapse last week.

The post Terra backer Pantera Capital says it cashed out 80% of investment before UST crash appeared first on The Block.

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Galaxy’s Mike Novogratz talks Terra collapse in new shareholder letter

Mike Novogratz, the billionaire CEO of crypto investment manager Galaxy Digital, opined on the recent crisis in the Terra blockchain ecosystem, which saw the market collapse of both the LUNA token as well as the algorithmic stablecoin UST. 

The post Galaxy’s Mike Novogratz talks Terra collapse in new shareholder letter appeared first on The Block.

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On the Tech Powering Decentralized Storage

Quick Take

  • Blockchain-enabled decentralized storage is off to a promising start, with rapid adoption in 2021 showing promise for the tech and incentive systems powering P2P cooperative cloud storage
  • Here, we dive into specific technologies conferring unique advantages to decentralized storage networks that may drive their further adoption
  • Topics include low-latency content addressing, object-oriented key-value databases, zero-knowledge proofs, and economic games for providing trustless service guarantees

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Block details expanded Bitcoin efforts at 2022 Investor Day

Dorsey says Block is building an “ecosystem of ecosystems.” Bitcoin is one such ecosystem into which the firm is pouring resources.

The post Block details expanded Bitcoin efforts at 2022 Investor Day appeared first on The Block.

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TRM Labs unveils community-driven scam reporting platform

Crypto users are able to report, comment on and research illicit activity on Chainabuse, a new public forum.

The post TRM Labs unveils community-driven scam reporting platform appeared first on The Block.

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Ethereum’s main testnet set for proof-of-stake merge in early June

Ethereum’s main public testnet, called Ropsten, is set to undergo “the merge” next month as one of the final preparations.

The post Ethereum’s main testnet set for proof-of-stake merge in early June appeared first on The Block.

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Gensler tells Congress that the SEC is ‘really out-personed’ on crypto

Securities and Exchange Commission chair Gary Gensler told a Congressional subcommittee Wednesday that his agency needs more human resources as it looks to regulate the US crypto space.

The post Gensler tells Congress that the SEC is ‘really out-personed’ on crypto appeared first on The Block.

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South Korea revives ‘Grim Reaper’ financial crimes unit to investigate Terra’s collapse

Teraform Labs CEO Do Kwon is also facing fines for alleged tax evasion, according to local media reports.

The post South Korea revives ‘Grim Reaper’ financial crimes unit to investigate Terra’s collapse appeared first on The Block.

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