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Deciphering the Metaverse: The financialization of NFTs

Deciphering the Metaverse: The financialization of NFTs

Quick Take

  • This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds
  • Enjoying increasing popularity, NFTs doubling as membership tickets have made great strides
  • As DeFi and NFTs coalesce, a wide range of financial application domains opens up

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Princeton alumni in crypto space fund $20 million research project

Four Princeton alumni have pooled $20 million to fund a new research project on blockchain and the decentralization of power.

The post Princeton alumni in crypto space fund $20 million research project appeared first on The Block.

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Mike Dudas explains why most DAOs are neither decentralized nor autonomous

The Block’s Frank Chaparro chats with Mike Dudas, co-founder of LinksDAO.

The post Mike Dudas explains why most DAOs are neither decentralized nor autonomous appeared first on The Block.

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UK regulators warn crypto firms aren’t exempt from Russian sanctions rules

The Bank of England, HM Treasury and the Financial Conduct Authority issued a joint statement on sanctions and crypto assets amid Russia’s invasion of Ukraine. 

The post UK regulators warn crypto firms aren’t exempt from Russian sanctions rules appeared first on The Block.

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In light of Russia sanctions, Senate to hold hearing on crypto in illicit finance

The hearing, scheduled for next week, will feature testimony from Chainalysis’ CSO Jonathan Levin, who is the sole confirmed witness.

The post In light of Russia sanctions, Senate to hold hearing on crypto in illicit finance appeared first on The Block.

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Ukraine minister calls on Tether to bar Russians from using its stablecoin

Ukraine’s minister of digital transformation addressed the stablecoin project’s high-profile CTO directly.

The post Ukraine minister calls on Tether to bar Russians from using its stablecoin appeared first on The Block.

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Polygon network back up with a ‘temporary fix’ after eight-hour stoppage

Ethereum scaling project Polygon’s blockchain network was down for roughly eight hours last night due to a technical upgrade that went wrong.

The post Polygon network back up with a ‘temporary fix’ after eight-hour stoppage appeared first on The Block.

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White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion

These continuous alerts, despite no clear examples of violations thus far, mean that crypto operators should be wary. 

The post White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion appeared first on The Block.

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US hedge fund Fir Tree attempts to short tether: report

Fir Tree Capital Management is betting against tether, claiming the stablecoin issuer’s commercial paper holdings are bound to lose value.

The post US hedge fund Fir Tree attempts to short tether: report appeared first on The Block.

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Crypto firms begin shuttering UK operations ahead of formal FCA registration deadline

Companies on the FCA’s temporary register are winding up their crypto operations in the UK.

The post Crypto firms begin shuttering UK operations ahead of formal FCA registration deadline appeared first on The Block.

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