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US Senate slates hearing on stablecoins for February 15

US Senate slates hearing on stablecoins for February 15

Just days after the House of Representatives examines stablecoin regulation, the Senate will take its own look at the issue.

The post US Senate slates hearing on stablecoins for February 15 appeared first on The Block.

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Diem Association confirms sale of crypto payment network to Silvergate

Meta-led stablecoin Diem confirms sale to Silvergate, after long battle with regulators.

The post Diem Association confirms sale of crypto payment network to Silvergate appeared first on The Block.

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Congressman and crypto lobby scale back new Treasury surveillance authority in COMPETES Act

The crypto lobby is on track to score a win on new financial surveillance legislation contained in the America COMPETES Act. 

The post Congressman and crypto lobby scale back new Treasury surveillance authority in COMPETES Act appeared first on The Block.

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OpenSea reveals that over 80% of its free NFT mints were plagiarized, spam or fake

The platform is “working through a number of solutions to ensure we support our creators while deterring bad actors.”

The post OpenSea reveals that over 80% of its free NFT mints were plagiarized, spam or fake appeared first on The Block.

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Crypto Council for Innovation names former WEF exec Sheila Warren as CEO

Bloomberg reported today that Warren will helm the CCI, which includes heavy hitters like Fidelity Digital, Coinbase and Block.

The post Crypto Council for Innovation names former WEF exec Sheila Warren as CEO appeared first on The Block.

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Monzo missed out on crypto and stock trading, says founder Tom Blomfield

Quick Take

  • Despite investing in blockchain startups, Monzo co-founder Tom Blomfield is ambivalent about the future of web3 as he joins Y-Combinator as visiting partner.
  • He says that he regrets not exploring stock and cryptocurrency trading during his time as Monzo CEO. 

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Crypto stocks continue recovery after brutal week

Galaxy Digital and Coinbase were both in the green this morning after the open.

The post Crypto stocks continue recovery after brutal week appeared first on The Block.

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JPMorgan analysts describe biggest challenges for bitcoin and ethereum

Bitcoin’s five times more volatile than gold while ethereum is losing dominance in decentralized finance and non-fungible token spaces.

The post JPMorgan analysts describe biggest challenges for bitcoin and ethereum appeared first on The Block.

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Solana wallet Phantom raises $109 million in new funding, launches iOS app

Crypto wallet Phantom has raised $109 million in a Series B funding round and is now valued at $1.2 billion.

The post Solana wallet Phantom raises $109 million in new funding, launches iOS app appeared first on The Block.

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Binance explains why it restricted 281 Nigerian crypto trading accounts

Binance CEO Changpeng Zhao has written to Nigerian users explaining why the platform restricted several crypto trading accounts.

The post Binance explains why it restricted 281 Nigerian crypto trading accounts appeared first on The Block.

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