Circle announced a $400 million funding round and a partnership with BlackRock.
The post Circle announces $400 million raise, partnership with BlackRock appeared first on The Block.
Quick Take
- This year’s Bitcoin 2022 conference in Miami felt a lot different than last year’s event.
- There were fewer battle cries and more nuanced policy talks.
Quick Take
- The blockchain/crypto sector received nearly $12.5 billion in venture funding, a sector high, and it has continued to increase for seven consecutive quarters now
- The 624 funding deals that occurred last quarter are also a record for the blockchain sector, which was previously set during Q2′ 21
- The NFTs/Gaming vertical made up roughly 36% of investment deals for the sector. On the contrary, DeFi’s percent of total deals has gradually declined for four consecutive quarters, and its percentage fell under 20% for the first time in at least six quarters
- Q1′ 22 was the second-highest quarter in the sector’s history in M&A transactions (56) and the third-highest in M&A volumes ($907 million)
Griffith violated US sanctions by providing technical education on blockchain use to the North Korean regime, according to the prosecution.
The post Ethereum dev Virgil Griffith sentenced to 63 months for North Korean crypto expedition appeared first on The Block.
Africa’s first node operator on The Graph network plans to donate part of its blockchain revenue to pay for web3 education in rural areas.
The post Index Africa announces blockchain philanthropy initiative appeared first on The Block.
The Axie Infinity publisher will reward security researchers with up to $1 million for discovering critical vulnerabilities in its ecosystem.
The post Axie Infinity maker floats bug bounty program after $600 million Ronin hack appeared first on The Block.
The Block’s Aislinn Keely recaps several days in Miami during a Bitcoin cultural convergence.
The post Bitcoin 2022 loses some evangelical luster as crypto goes mainstream appeared first on The Block.
Celsius will be limited access to its Earn accounts in the US, setting up a new Custody service instead.
The post Crypto lender Celsius to stop paying interest on new deposits from US starting on Friday appeared first on The Block.
Applications are open for a new Web 3-focused startup accelerator launched on Tuesday by Ignite.
The post Ignite (formerly Tendermint) launches $150 million accelerator for Web 3 projects appeared first on The Block.
Ethereum developers tried out proof of stake for the first time on a fork of the blockchain. And it went well.
The post Ethereum largely passes first major test for proof of stake appeared first on The Block.
