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Crypto unicorn Bitpanda snaps up FCA-registered custodian in first acquisition

Crypto unicorn Bitpanda snaps up FCA-registered custodian in first acquisition

Bitpanda, the Austrian investment platform, has acquired British crypto and DeFi custodian Trustology for an undisclosed sum.

The post Crypto unicorn Bitpanda snaps up FCA-registered custodian in first acquisition appeared first on The Block.

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Crypto platform Amber Group hits $3 billion valuation in latest raise

Crypto trading firm Amber Group has announced a $200 million raise led by Temasek, the Singapore-based sovereign wealth fund.

The post Crypto platform Amber Group hits $3 billion valuation in latest raise appeared first on The Block.

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Intel shows off its energy-efficient ‘Bonanza Mine’ bitcoin miner

Some details about the Intel Bonanza Mine bitcoin miner have come to light including the hash rate delivered by the new hardware.

The post Intel shows off its energy-efficient ‘Bonanza Mine’ bitcoin miner appeared first on The Block.

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Artist blows up Lamborghini to make NFTs — in protest against crypto culture

An artist has turned parts of a blown up Lamborghini into 999 NFTs, critiquing crypto’s obsession with getting rich.

The post Artist blows up Lamborghini to make NFTs — in protest against crypto culture appeared first on The Block.

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Korea’s largest bank to launch the country’s first crypto investment fund

Kookmin Bank, South Korea’s largest bank by net assets, is launching crypto investment products targeted at retail investors.

The post Korea’s largest bank to launch the country’s first crypto investment fund appeared first on The Block.

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Spotify is hiring a senior backend engineer to explore web3

Spotify could be taking its first steps into crypto, according to a job listing posted on Linkedin.

The post Spotify is hiring a senior backend engineer to explore web3 appeared first on The Block.

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Proposed Russian crypto regulations to require online exams for investors

Russians who fail online tests may soon not be able to buy more than $630 in cryptocurrencies based on a new draft crypto regulation.

The post Proposed Russian crypto regulations to require online exams for investors appeared first on The Block.

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California lawmaker files bill to let state agencies accept Bitcoin

California became the latest state last week of the current legislative cycle to weigh allowing residents to pay for government services in the form of crypto.

The post California lawmaker files bill to let state agencies accept Bitcoin appeared first on The Block.

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Jambo secures $7.5 million in seed funding to build Africa’s web3 ‘superapp’

A company looking to seed Web3 penetration in Sub Saharan Africa via a superapp has raised $7.5 million from early backers.

The post Jambo secures $7.5 million in seed funding to build Africa’s web3 ‘superapp’ appeared first on The Block.

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Mapping out Solana’s Ecosystem

Quick Take

  • Solana is a layer-1 blockchain platform designed for decentralized applications featuring high throughput and low costs.
  • Even though there were technical hiccups in the past six months, Solana’s projects are receiving increasingly more attention and capital from private investors.
  • In total, The Block has recognized and mapped out 500 projects across 14 verticals.
  • This ecosystem map serves as an UPDATE to the previous Solana map

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