ProShares, which launched the first bitcoin futures ETF last fall, is seeking approval for a new product that will allow investors to bet against the price of bitcoin.
The post ProShares files to create an inverse Bitcoin futures ETF appeared first on The Block.
The move highlights a growing appetite for connections between fiat and crypto-native payment systems.
The post Worldpay to offer merchants direct settlement in USDC appeared first on The Block.
Binance.US, the American affiliate of Binance, has closed its inaugural funding round after months of seeking it.
The post Binance.US raises over $200 million at a $4.5 billion pre-money valuation appeared first on The Block.
Coin Metrics announced Monday that it has raised $35 million in a new round of financing.
The post Crypto data firm Coin Metrics raises $35 million funding round appeared first on The Block.
The funding will help NEAR accelerate its overall mission of helping “billions of people” use decentralized technologies, according to a company statement.
The post NEAR Protocol raises $350 million in new funding round led by Tiger Global appeared first on The Block.
American Bank, a community bank headquartered in Allentown, Pennsylvania, has signed a deal with Bakkt in a bid to offer its customers the ability to buy and sell bitcoin and ether.
The post Bakkt inks deal to offer bitcoin, ether buys and sells to American Bank customers appeared first on The Block.
Banking giant HSBC is warming up to the metaverse with the launch of its Metaverse Discretionary Strategy portfolio.
The post HSBC launches metaverse fund for wealthy clients in Hong Kong and Singapore appeared first on The Block.
Luna Foundation Guard has made its first large bitcoin purchase for April, acquiring a total of 5,040 BTC today.
The post Luna Foundation Guard buys a further $231 million of bitcoin appeared first on The Block.
Sky Mavis, the creator of Axie Infinity game, has raised $150 million to reimburse hack victims.
The post Sky Mavis raises $150 million from Binance to reimburse Ronin hack victims appeared first on The Block.
In this episode of the Scoop, Partners at Sequoia Capital Shaun Maguire and Michelle Bailhe, explain why crypto-native founders prefer to work with VCs who have a thorough understanding of the underlying technology.
The post Sequoia Capital explains what crypto founders want from VCs appeared first on The Block.
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