As the news gets no better for Kazakhstan’s miners, some are looking to relocate to the US or Russia.
The post Kazakhstan floats 500% tax increase on Bitcoin miners, leading some to eye relocation appeared first on The Block.
Nike claims StockX sold Nike-branded non-fungible tokens (NFTs) that did not originate from Nike during a mid-January drop.
The post Nike sues StockX for trademark infringement in latest NFT mint appeared first on The Block.
A crypto project is filling up entire Ethereum blocks to create NFTs that are forever tied to that specific block.
The post A crypto project is using up whole Ethereum blocks and turning them into NFTs appeared first on The Block.
Quick Take
- For a fourth consecutive quarter, the blockchain/crypto sector saw historic levels of capital allocation by private investors
- NFTs/Gaming accounted for 43% of all deals during Q4, and its number of funding rounds more than doubled from Q3 to Q4 (96 to 233)
- Despite a decline in the market prices of digital assets, funding for the sector has continued to increase into January
- The sector is currently on pace to receive slightly more than $14.3 billion during Q1′ 22, which would be another record high
Valkyrie’s bitcoin mining ETF is slated to list on Nasdaq at tomorrow’s opening bell, according to a spokesperson for the issuer.
The post Valkyrie’s bitcoin mining ETF will list on Nasdaq tomorrow appeared first on The Block.
Quick Take
- January saw the highest investment in the crypto sector to date.
- Several new funds were also launched, including from FTX and Pantera Capital.
Professional services firm KPMG in Canada is allocating bitcoin and ether (ETH) to its corporate treasury, according to a Monday announcement.
The post KPMG in Canada adds BTC and ETH to its corporate treasury appeared first on The Block.
In comments to CNBC, Cortright added that the move would take on Coinbase’s ‘unsustainable’ fees.
The post DriveWealth pushes into crypto trading appeared first on The Block.
Ethereum scaling project Polygon has raised $450 million in a private token sale from SoftBank, Tiger, and others.
The post Polygon raises $450 million from SoftBank, Tiger, and others in a token sale appeared first on The Block.
Japanese financial giant Mitsubishi UFJ Trust and Banking is set to launch a yen-pegged stablecoin for use in trading digital securities.
The post Japan’s largest bank to float yen-pegged stablecoin for trading securities appeared first on The Block.
