A bill allowing state-chartered banks to provide custodial services was approved in Virginia on Monday.
The post New Virginia law allows state-chartered banks to custody crypto appeared first on The Block.
Quick Take
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- L1 teams continue to raise record amounts of capital to fund ecosystem development. Meanwhile, networks are undergoing major upgrades, with some facing significant issues along the way
- This week, we take a look at NEAR, Cosmos, and Solana
Musk said that if the offer is not accepted he would ‘need to consider [his] position as a shareholder.’
The post Elon Musk makes cash offer to buy Twitter appeared first on The Block.
If successful, the round would make Ava Labs, the main developer of the Avalanche blockchain, one of the biggest crypto startups globally.
The post Avalanche developer raising $350 million at $5.25 billion valuation: report appeared first on The Block.
A new class-action lawsuit from a Uniswap user alleges that Uniswap Labs and its backers are culpable for her losses due to a failure to comply with securities laws.
The post Class action lawsuit accuses Uniswap Labs, its investors of allowing fraudulent activity on the DEX protocol appeared first on The Block.
The former White House acting chief of staff for former US President Trump was hired by the Swiss-based protocol.
The post Former Trump admin official Mick Mulvaney tapped as advisor for Astra Protocol appeared first on The Block.
Asset management giant BlackRock is studying the crypto sector broadly, said BlackRock CEO Larry Fink, in a conference call reported by the Wall Street Journal.
The post BlackRock is studying cryptocurrencies, stablecoins and more, says CEO Larry Fink appeared first on The Block.
After the project raised lending limits, it saw a cascade of liquidations in one of its lending pools.
The post ICHI token price collapses by 99% in latest DeFi debacle appeared first on The Block.
Variant Fund and Sam Altman led the round, which also included founders and execs from Quora, Vine and Phantom.
The post Web3 ‘follow’ app Context announces $19.5 million seed round appeared first on The Block.
Blockchain.com announced Wednesday the close of a sponsorship deal with the Dallas Cowboys as part of a broader marketing push to expand its retail user base in the US.
The post Blockchain.com closes sponsorship deal with Dallas Cowboys appeared first on The Block.
