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Elwood Technologies, the crypto-focused technology firm owned by hedge fund heavyweight Alan Howard, announced a “strategic integration” on Thursday with Bloomberg. According to details shared with The Block, the integration is geared toward the institutional clients who use the Bloomberg Asset and Management Investment Manager, or AIM, a buy-side order management system used by about […]

The post Bloomberg, Elwood Technologies ink deal to offer institutional crypto trading capabilities appeared first on The Block.

The price of bitcoin fell sharply early Thursday as reports spread of an intensifying attack by Russian forces in Ukraine. According to market data, the price of bitcoin was trading just below $37,000 when media reports and social media postings began to spread, with videos depicting missile attacks, including on the main airport in the […]

The post Bitcoin price falls as Russian attack on Ukraine intensifies appeared first on The Block.

A much-anticipated auction of more than 100 CryptoPunk NFTs ended before it began late Wednesday.

The post Sotheby’s withdrew a lot of 104 CryptoPunks before its auction was set to begin appeared first on The Block.

FTX named beauty entrepreneur Lauren Remington Platt as its head of global luxury partnerships this week.

The post FTX moves into $300 billion luxury fashion industry with new hire appeared first on The Block.

Warner Music Group is working with blockchain gaming developer Splinterlands.

The post Warner Music Group inks partnership with blockchain gaming developer appeared first on The Block.

El Salvador will inaugurate a pet hospital that its president has said was funded with a $4 million surplus related to Bitcoin gains.

The post El Salvador to inaugurate pet hospital said to be funded with bitcoin-related gains appeared first on The Block.

Quick Take

• The Proof of Personhood Passport (PoPP) is a “transportable proof of identity for the Web3 space” that aims to increase Sybil resistance and protect quadratic algorithms used for voting and funding
• We review the three proof-of-personhood protocols that currently carry the most weight in determining one’s PoPP personhood score: Proof of Humanity, BrightID, and Idena
• The PoPP holds potential for a variety of use cases such as enabling decentralized universal basic income (UBI) schemes; supporting the maturation of DAO governance systems that require verifiable credentials; and enabling Sybil-resistant airdrops, yield farming, and NFT distributions

Quick Take

• Cryptovoxels is a metaverse platform built on the Ethereum blockchain that allows users to create anything and interact with one another.
• 35% of 1,185 points of interest in Cryptovoxels are galleries. This demonstrates that Cryptovoxels is a virtual world centered on art.
• Cryptovoxels’ team recently switched its land supply model from an inflationary to scarcity that may introduce profit-seeking monopoly.

A new study from the investment banker BNY Mellon found that 77% of family offices are interested in or are involved in crypto.

The post More than three-quarters of surveyed family offices see benefit in crypto, BNY Mellon survey finds appeared first on The Block.

MUFG, the largest bank in Japan, is set to discontinue its planned blockchain payment network after three years due to slow business growth.

The post Japan’s largest bank set to abandon blockchain payment network project appeared first on The Block.