Here is a look at how publicly traded crypto mining companies faired in the markets on Wednesday, May 11.
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The situation surrounding TerraUSD is complicated and has unfolded exceedingly fast. Here’s what you should know so far.
The post Terra, Luna and UST: How we got here appeared first on The Block.
Bitcoin miner Hive Blockchain announced plans for a 5 to 1 share consolidation, in an effort to improve the company’s stock profile.
The post Bitcoin mining firm Hive Blockchain announces 5-to-1 share consolidation plan appeared first on The Block.
Brazil’s Nubank partnered with crypto firm Paxos to allow customers to trade bitcoin and ether.
The post Brazilian fintech unicorn Nubank to start offering crypto services appeared first on The Block.
While the exchange is waiting for approval from New York regulators, it has started gearing up for a launch there.
The post FTX.US applies for trust charter in New York appeared first on The Block.
Quick Take
- Secret Network is a Layer 1 blockchain with privacy-preserving features.
- Secret smart contracts enable programmable privacy, unlocking use cases from DeFi to NFTs.
- Data privacy is achieved by leveraging Trusted Execution Environments for secure and private smart contract execution.
- Secret Network is relatively well-positioned to be the leading privacy-preserving blockchain solution as the importance of user privacy gains attention in Web3 development.
Investors in the Terra crypto ecosystem have taken to social media amid major price declines in LUNA and UST.
The post Amid Terra crypto turmoil, ordinary investors start to pick up the pieces appeared first on The Block.
CoinDesk reported Wednesday that Do Kwon, co-founder and chief executive of the development firm behind the Terra blockchain, was closely involved with an earlier stablecoin effort that failed to gain traction.
The post Terraform Labs CEO pseudonymously co-created failed stablecoin project Basis Cash, CoinDesk reports appeared first on The Block.
Coinbase’s shares fell by more than 20% on the Nasdaq stock exchange Wednesday morning
The post Coinbase’s stock craters to new lows after earnings disappointment, banks slash price targets appeared first on The Block.
CEO Mike Novogratz said earlier this week he expects the digital-asset market to be “volatile and difficult” for at least the next few quarters.
The post Galaxy Digital board approves share buybacks as its stock price tanks appeared first on The Block.
