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Twitter board of directors responds to Musk’s takeover offer with a defensive plan

Twitter board of directors responds to Musk’s takeover offer with a defensive plan

Twitter’s board announced a plan that would make it harder for Elon Musk to buy the company.

The post Twitter board of directors responds to Musk’s takeover offer with a defensive plan appeared first on The Block.

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Deciphering the Metaverse: The emergence of safeguards

Quick Take

  • This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds
  • The first wave of blockchain games has struggled to maintain last year’s record-high valuations
  • Amidst an onslaught of malicious actors, creators have innovated on behalf of NFT collectors to establish certain safeguards

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Biden to nominate former Ripple advisor Michael Barr as the Fed’s bank oversight chief

US president Joe Biden said he plans to nominate Michael Barr to be the Federal Reserve’s next vice chair of supervision.

The post Biden to nominate former Ripple advisor Michael Barr as the Fed’s bank oversight chief appeared first on The Block.

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Co-founders of 21Shares and Amun share why crypto index products are signs of a maturing industry

In this episode of The Scoop, Hany Rashwan and Ophelia Snyder, cofounders of 21Shares and Amun, discuss the institutional appetite for crypto exchange traded products (ETPs), and how that is representative of a maturing industry.

The post Co-founders of 21Shares and Amun share why crypto index products are signs of a maturing industry appeared first on The Block.

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Bitfinex hopes El Salvador’s ‘bitcoin bond’ will be just one of many tokenized offerings on its platform

Quick Take

  • Bitfinex is seeking a license to list companies in El Salvador, CTO Paolo Ardoino told The Block.
  • As the next step in its fundraising, El Salvador should pass a new securities law “between one and two weeks.”

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Ethereum mixer Tornado Cash now blocks sanctioned addresses

Tornado Cash, a popular Ethereum mixer that obfuscates crypto transactions, now blocks OFAC-sanctioned wallet addresses.

The post Ethereum mixer Tornado Cash now blocks sanctioned addresses appeared first on The Block.

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Crypto Derivatives: State of the Market

This report provides key insights into the state of the crypto derivatives market. Section 1 

starts  by  highlighting  the  increasing  inflow  of  institutional  capital  into  the  crypto  space.  It 

then  outlines  the  main  crypto  derivative  products  and  their  differences  to  those  in  the 

traditional finance space.

The post Crypto Derivatives: State of the Market appeared first on The Block.

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Fasset raises $22 million, plans expansion in Indonesia, Pakistan

The funding will be channeled toward new product development and market expansion.

The post Fasset raises $22 million, plans expansion in Indonesia, Pakistan appeared first on The Block.

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Emirates plans to launch NFTs and expand experiences in metaverse

Emirates Pavilion at Dubai Expo 2020 site will be repurposed as a center for innovation involving the metaverse, NFTs and web3.

The post Emirates plans to launch NFTs and expand experiences in metaverse appeared first on The Block.

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Central banks in emerging economies look to CBDCs for payment efficiency, BIS report says

The Bank for International Settlements published a series of reports about usage of CBDCs in emerging market economies.

The post Central banks in emerging economies look to CBDCs for payment efficiency, BIS report says appeared first on The Block.

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