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Aptos has raised $200 million in a round led by a16z crypto, with other investors ranging from Multicoin Capital to Coinbase Ventures. Aptos was founded by former Meta employees with the goal of building a scalable layer 1 blockchain able to reach a wider audience of “billions” of people. The technology is based on the […]

The post Former Meta employees raise $200 million for blockchain startup Aptos appeared first on The Block.

As of March 15, decentralized crypto exchange aggregator Matcha had begun blocking trades from Russia. 

The post DEX aggregator Matcha geoblocks trades from Russia appeared first on The Block.

Quick Take

• Andrew Yang has launched a new crypto policy lobbying effort in the form of a DAO called Lobby3.
• The DAO departs from a traditional structure in that some decisions will be abdicated to an outside advocacy organization.

A judge ruled that a bitcoin mining facility in Tennessee was in violation of zoning laws.

The post After noise complaints, Tennessee judge rules that a bitcoin mine violates zoning laws appeared first on The Block.

Coinbase revealed new details about its planned derivatives business during an event in Florida on Tuesday.

The post Coinbase outlines the path ahead for its planned derivatives offering appeared first on The Block.

Two DeFi protocols on the Gnosis Chain have suffered a flash loan-assisted reentrancy attack with $11 million stolen.

The post DeFi protocols Agave and Hundred Finance exploited on Gnosis Chain for $11 million appeared first on The Block.

Yuga Labs is projecting net revenues of $455 million this year, chiefly through virtual land sales that will kick off this month.

The post Bored Ape startup plans virtual land sales, APECoin token to kickstart metaverse gaming project appeared first on The Block.

The Financial Monitoring Agency also reported that it had registered 25 previously illegal businesses.

The post Kazakhstan has confiscated nearly $200 million in mining equipment from unregistered miners appeared first on The Block.

The hiring spree marks a push by the company to bolster its blockchain-based gaming initiative.

The post Polygon Studios ushers in group of top-level gaming hires from web2 firms appeared first on The Block.

ConsenSys has raised $450 million in a Series D funding round.

The post ConsenSys raises $450 million Series D at $7 billion valuation appeared first on The Block.