Twitter has taken its “most severe enforcement action” against Aave founder Stani Kulechov’s account by permanently banning it.
The post Aave founder Stani Kulechov’s Twitter account suspended, probably for a joke appeared first on The Block.
The Meta CEO said one near-term focus will be helping creators make money in its social VR platform, Horizon Worlds.
The post Zuckerberg projects confidence despite lack of profit from metaverse project appeared first on The Block.
During the firm’s earnings call, PayPal’s president and CEO said the firm will put an emphasis on its digital wallet.
The post PayPal CEO says firm to ‘double down’ on digital wallet efforts appeared first on The Block.
In a new post-mortem report, Axie Infinity’s Ronin sidechain team said it was evaluating its security on all fronts.
The post Sky Mavis plans to become a ‘zero-trust organization’ after $600 million Ronin hack appeared first on The Block.
Meta, formerly known as Facebook, continues to spend significant sums through its metaverse-focused Reality Labs unit.
The post Meta says its metaverse-focused unit Reality Labs lost $2.9 billion in Q1 2022 appeared first on The Block.
Mayor of New York City Eric Adams discussed crypto regulation, financial literacy in schools, and the future of recordkeeping in his closing keynote interview during an event on Wednesday.
The post Eric Adams: ‘Crypto and blockchain are here to stay’ in NYC appeared first on The Block.
The two addressed shifts that could lead to the approval of a spot bitcoin ETF and a more decentralized discourse space in Twitter.
The post ARK’s Wood and Galaxy’s Novogratz talk Twitter and Bitcoin ETFs in the Bahamas appeared first on The Block.
The company will initially build out 400 megawatts of energy capacity.
The post Bitcoin miner Riot announces massive 1 gigawatt expansion plan in Texas appeared first on The Block.
Quick Take
- NFT Worlds is essentially a decentralized metaverse built upon existing centralized infrastructure, Minecraft.
- Using its own internal tool, NFT Worlds is able to get unique imagery of each world and sync the changes made on the world in Minecraft back to its corresponding NFT.
- But because it relies on Minecraft’s source code, NFT Worlds is at the discretion of Minecraft developer Mojang Studios and Microsoft, which might lead to the erosion of NFT Worlds’ value proposition.
The CFTC roundtable does not mention FTX by name, but the crypto exchange’s proposal to disintermediate its clearing process is driving the discussion.
The post As it weighs FTX proposal, CFTC announces a roundtable on disintermediation appeared first on The Block.
