Crypto exchange Kraken has opened the waitlist for its non-fungible token platform.
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Quick Take
- Stargate, a cross-chain stablecoin swap protocol, was launched in March 2022 and has attracted $2.7 billion in Total Value Locked as of this writing
- Stargate’s main value proposition is to enable cross-chain transfers of stablecoins in a decentralized and permissionless manner
- Stargate leverages LayerZero’s interoperability mechanism, which enables the decentralized dissemination of information across multiple blockchains
- Stargate’s native token, STG, is being used to bootstrap liquidity and also for governance via the Stargate DAO
- Fundamentally, Stargate and LayerZero are meant to enhance cross-chain interoperability without sacrificing decentralization
The club is partnering with crypto payments processer BitPay to let customers can purchase annual memberships using crypto.
The post Luxury fitness club Equinox starts accepting crypto payments in New York City appeared first on The Block.
Bitcoin mining revenues dropped in April by 4.3%, while Ethereum revenues went up by 6.2%.
The post Bitcoin mining revenues fell in April while Ethereum’s rose appeared first on The Block.
The funds will be borrowed from BlockTower Capital through Clearpool, which launched in March.
The post Jane Street makes DeFi play with planned $25 million USDC loan appeared first on The Block.
Syndicate allows users to create “web3 investment clubs” for on-and off-chain investments, including the legal stuff.
The post Syndicate raises $6 million to grow decentralized asset management platform appeared first on The Block.
The crypto exchange has launched Superlunar, a web3 research and design studio, to help grow web3 adoption.
The post Gemini launches Superlunar design studio to help grow web3 adoption appeared first on The Block.
VARA, which launched in March, is wasting little time in its mission to turn Dubai into a hub for digital assets.
The post Dubai’s crypto regulator to launch metaverse headquarters in The Sandbox appeared first on The Block.
The US financial regulator has unveiled plans to grow its Crypto Assets and Cyber Unit to about 50 people.
The post SEC plans to expand cyber fraud unit to tackle crypto-related crime appeared first on The Block.
Merghart, who was previously head of trading Coinbase and head of US business at Bitstamp, will continue to work for Castle Island Ventures.
The post Hunter Merghart joining Millennium to plot firm’s crypto strategy appeared first on The Block.
