Solidus Labs has raised $45 million in funding, adding to a previous Series A of $20 million.
The post Risk monitoring firm Solidus Labs raises $45 million in Series B funding appeared first on The Block.
The new firm, dubbed Lightspark, will focus on building backend infrastructure for companies that want to use the Lightning network.
The post David Marcus unveils new startup focused on Bitcoin and Lightning backed by a16z and Paradigm appeared first on The Block.
Hut 8 reported revenues of C$53.3 million in Q1 2022 after deploying a large more efficient fleet of miners.
The post Bitcoin miner Hut 8 reports C$53.3 million in Q1 2022 revenues after increasing hardware fleet appeared first on The Block.
In a hearing before the House Financial Services Committee, Rep. Jim Himes pressed Yellen on where systemic risk would truly begin.
The post Yellen says the stablecoin market is still too small to pose systemic risk appeared first on The Block.
The Terra blockchain has been halted to protect against a possible attack, according to a statement by Terraform Labs.
The post Terra blockchain halted to protect against possible attack appeared first on The Block.
Competitive criticism and lawmaker scrutiny shaped a hearing on an FTX proposal currently before the CFTC.
The post FTX’s CFTC proposal faces Congressional grilling, attacks from CME appeared first on The Block.
The circulating supply of Luna (LUNA) has broken above the 25 billion mark as the token is being minted on an exponential level.
The post Luna token supply hits 25 billion — up by nearly 24 billion today appeared first on The Block.
Aurora Labs allocated 25 million aurora tokens (about $90 million) from its DAO treasury for the fund.
The post Aurora launches $90 million developer fund to boost DeFi on Near Protocol appeared first on The Block.
Quick Take
- Bitcoin’s hashprice has reached the lowest point since November 2020, thanks to the recent market slump and growing mining difficulty.
- That has significantly changed the economics for some old-gen ASIC miners that were estimated to account for 20% of the network hashrate as of December.
- This piece takes an updated look at the break-even prices, miner shipment, and the possible scenarios that could play out this year.
NFT prices are down as cryptocurrency markets falter, with popular collections like CryptoPunks and BAYC suffering.
The post NFT prices crumble as crypto market enters downturn appeared first on The Block.
