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NFT marketplace Zora raises $50 million in round led by Haun Ventures

NFT marketplace Zora raises $50 million in round led by Haun Ventures

This is the first round led by Haun’s firm, which launched in March after she left her role as general partner at a16z.

The post NFT marketplace Zora raises $50 million in round led by Haun Ventures appeared first on The Block.

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Court orders BitMEX co-founders pay a total of $30 million in CFTC civil case

The Commodity Futures Trading Commission (CFTC) has slapped the founders of crypto exchange BitMEX with a $30 million civil monetary penalty.

The post Court orders BitMEX co-founders pay a total of $30 million in CFTC civil case appeared first on The Block.

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Key crypto hires, exits and moves: April 2022

Quick Take

  • There was a big focus on regulatory hires last month, with many big steals from regulatory agencies.
  • There was also a lot of marketing activity, as crypto firms splurge on sports advertising.

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Block reports $1.73 billion in bitcoin sales via Cash App during Q1 2022

Block said Thursday that Cash App saw $1.73 billion worth of bitcoin sales during 2022’s first quarter.

The post Block reports $1.73 billion in bitcoin sales via Cash App during Q1 2022 appeared first on The Block.

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Gaming startup Untamed Planet raises $24 million in Series A funding from Animoca Brands

Through the new funding, Untamed Planet is going to partner with nWay to create a conservation-oriented game called Untamed Metaverse. 

The post Gaming startup Untamed Planet raises $24 million in Series A funding from Animoca Brands appeared first on The Block.

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A Look at Arweave’s Ecosystem Developments

Quick Take

  • Development in the Arweave ecosystem builds on the native decentralized data storage capabilities of the network to unlock new use cases.
  • Arweave is used as a storage layer for archiving on-chain data of several public blockchain networks as well as a data persistence solution for dapps, oracles and NFT metadata.
  • Scalability solutions like bundling technology help increase network throughput and provide a better user experience.
  • Profit-sharing communities and tokens provide a sustainable and more equitable approach to rewarding dapp developers and their community contributors.

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Former BitMEX CEO asks for probation over jail time ahead of court sentencing

Former BitMEX CEO Arthur Hayes is asking for probation with the ability to travel rather than serving time.

The post Former BitMEX CEO asks for probation over jail time ahead of court sentencing appeared first on The Block.

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LootRush raises $12 million to make blockchain games easier to play

LootRush, a platform that aims to improve user access to blockchain games, has raised $12 million in seed funding.

The post LootRush raises $12 million to make blockchain games easier to play appeared first on The Block.

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Bitcoin’s price tumbles as much as 7% during financial markets tumult

Cryptocurrency prices fell across the board on Thursday, with bitcoin dropping as much as 7% — a move that came in tandem with a broader decline in financial markets. Bitcoin’s price dropped down from about $39,500 at 9 a.m. ET to as low as $36,863.93 as of 1 p.m. ET, according to Coinbase data. At […]

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A look at the trends driving down GPU prices — and what this means for Ethereum miners

Prices for GPUs have been steadily declining for the past few months, as demand from Etherium miners seems to be dwindling.

The post A look at the trends driving down GPU prices — and what this means for Ethereum miners appeared first on The Block.

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