Jack Dorsey spoke with Democratic members of the House Financial Services Committee during a private Q&A on Thursday.
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Blockchain.com is now valued at a $14 billion valuation with new funding from Lightspeed Venture Partners and Baillie Gifford.
The post Blockchain.com raises Series D at a $14 billion valuation appeared first on The Block.
The two still intend to complete the proposed transaction, but have extended the deal to the end of the year.
The post Galaxy Digital says it has renegotiated the terms of its BitGo acquisition appeared first on The Block.
Max Bronstein, who previously held roles at crypto startups Coinbase and Dharma, has joined the C-suite of the core team at Synapse, a DeFi-focused firm.
The post Former Coinbase Ventures lead Max Bronstein joins bridge project Synapse as COO appeared first on The Block.
The European Parliament has approved provisions to a bill that takes aim at so-called unhosted wallets.
The post EU Parliament approves rules targeting transfers to unhosted crypto wallets appeared first on The Block.
Quick Take
- Amid the crypto market slump, raising capital from the public markets becomes tougher than before for Bitcoin mining companies.
- Yet they still face the pressure for cash as they undergo infrastructure expansion and are due for the monthly equipment installments.
- We identified 38 private loans over the past two years from more than 10 institutional lenders to a dozen mining companies.
- More than half of the loan facilities were issued after October and they offer a look into how this marketplace has evolved.
Congress homes in on FTX’s proposal for a new derivatives system in a hearing with the chair of the CFTC.
The post FTX derivatives proposal takes center stage at Congressional hearing with CFTC chairman appeared first on The Block.
Binance has partnered with the Recording Academy, the Grammy organization, to bring “web3 solutions” for the Academy’s music community.
The post Binance announces web3 partnership with Grammy organization appeared first on The Block.
An unknown hacker exploited a reentrancy vulnerability to drain Ola Finance’s lending pools.
The post Ola Finance on Fuse Network suffers $3.6 million hack appeared first on The Block.
The crypto miner closed a deal with energy technology company Lancium to operate 200 megawatts of mining power in Texas.
The post CleanSpark inks deal to expand Texas mining capacity by up to 500 megawatts appeared first on The Block.
