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Judge orders SEC to produce materials related to Hinman speech in ongoing Ripple legal fight

Judge orders SEC to produce materials related to Hinman speech in ongoing Ripple legal fight

The SEC will have to produce communications related to a speech by previous SEC director William Hinman on Bitcoin and Ether.

The post Judge orders SEC to produce materials related to Hinman speech in ongoing Ripple legal fight appeared first on The Block.

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Despite new listing procedure, Coinbase faces fresh questions over frontrunning claims

Quick Take

  • As part of a new transparency initiative, Coinbase released a roster of tokens that it was considering listing.
  • The new efforts were in part a response to earlier accusations of insider trading on small-cap tokens in advance of listing. 
  • Ethereum network data suggests that the owners of some crypto addresses may have known those considerations were soon to be made public.

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Meta begins to allow sale of digital goods on Horizon, taking nearly half in transaction fees

Meta announced earlier this week that a select group of Horizon creators will be able to sell items and experiences on the gaming platform.

The post Meta begins to allow sale of digital goods on Horizon, taking nearly half in transaction fees appeared first on The Block.

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Elon Musk explains why he wants to buy Twitter

Hours after announcing a $41.4 billion cash offer to buy Twitter, Elon Musk explained his motivation on a TED conference stage on Thursday.

The post Elon Musk explains why he wants to buy Twitter appeared first on The Block.

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Texas, Alabama securities regulators serve a casino NFT scheme cease-and-desists

The Texan securities regulator has issued an emergency cease and desist order to a metaverse investment scheme it has accused of being fraudulent

The post Texas, Alabama securities regulators serve a casino NFT scheme cease-and-desists appeared first on The Block.

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US government connects North Korean hacking group with last month’s $600 million Ronin exploit

The US government drew a connection between the North Korean hacking unit Lazarus Group and last month’s exploit of the Axie Infinity’s Ronin sidechain network.

The post US government connects North Korean hacking group with last month’s $600 million Ronin exploit appeared first on The Block.

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Amazon CEO Andy Jassy says Amazon could sell NFTs in the future

Jassy adds that he doesn’t own bitcoin or NFTs, and doesn’t think Amazon is close to adding crypto payment options in the future.

The post Amazon CEO Andy Jassy says Amazon could sell NFTs in the future appeared first on The Block.

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Arweave: A Technical Overview

Quick Take

  • Arweave is a decentralized data storage protocol that is content-agnostic and designed to provide scalable and permanent on-chain storage in a sustainable manner.
  • The blockweave data structure and Proof-of-Access consensus mechanism form the foundations of the Arweave network’s data layer.
  • Mechanisms like blockshadows, wildfire and storage endowment keep the network fast, responsive and sustainable.
  • The permaweb is a decentralized web interface for hosting both traditional and decentralized applications on top of the Arweave network.
  • Arweave has experienced massive growth recently, driven by the deployment of SmartWeave decentralized applications and the need for censorship resistance.

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Terraform Labs ‘gifts’ $880 million in LUNA to Luna Foundation Guard

Terraform Labs has supplied the Luna Foundation Guard with more ammo as it seeks to strengthen its bitcoin reserve.

The post Terraform Labs ‘gifts’ $880 million in LUNA to Luna Foundation Guard appeared first on The Block.

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Ethereum Push Notification Service raises $10 million in Series A funding

The EPNS team says it will use the funds to expand its workforce and messaging capabilities beyond Ethereum.

The post Ethereum Push Notification Service raises $10 million in Series A funding appeared first on The Block.

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