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Binance joins funding for Elon Musk’s takeover of Twitter

Binance joins funding for Elon Musk’s takeover of Twitter

The Tesla billionaire has agreed to pay $54.20 per share for the social media giant.

The post Binance joins funding for Elon Musk’s takeover of Twitter appeared first on The Block.

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French blockchain gaming studio bags $10 million in seed funding

Paris-based gaming startup Cometh has announced a $10 million seed round led by White Star Capital, Ubisoft and Stake Capital.

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Select Gucci stores to accept bitcoin, dogecoin and more as part of ongoing experiments in web3

Luxury brand Gucci will begin accepting crypto payments in select stores across the US later this month.

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California governor signs executive order to create a crypto framework

Governor Gavin Newsom signed an executive order today to begin the implementation of a crypto framework in the state of California.  

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Mining firm Marathon reports net loss of $13 million and a big boost in bitcoin production for Q1 2022

According to its Q1 2022 results, the publicly traded bitcoin mining firm Marathon saw a net income loss of $13 million, despite higher earnings.

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IMF says CAR’s adoption of bitcoin as legal tender raises legal and economic concerns

The IMF is assisting the CAR in addressing concerns posed by its recent move to adopt Bitcoin as legal tender. 

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April blockchain funding recap

Quick Take

  • Last month, just shy of $4.1 billion was distributed across 244 crypto/blockchain companies and projects, making it the third-highest funding month in the sector’s history
  • The number of crypto-related deals occurring each month has increased for three consecutive months, with April possessing the most ever deals in a single month for the sector
  • NFTs/Gaming continues to be the dominant subsector within the crypto ecosystem, commanding 39% of the deals last month and the leading vertical for almost every primary deal type, from seed to later-stage

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France approves Binance to operate digital asset trading services

Binance can now operate its digital asset trading platform in France, meaning it can custody digital assets and facilitate crypto trades.

The post France approves Binance to operate digital asset trading services appeared first on The Block.

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Blur begins opening up beta access to its real-time NFT trading platform

Blur announced Wednesday that it will begin opening beta access to its trader-focused NFT marketplace.

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Kazakhstan formalizes reporting regime for cryptocurrency miners

Kazakhstan’s Ministry of Digital Transformation publishes its registration and reporting requirements for crypto miners.

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