UK-based crypto banking startup BCB Group has announced a $60 million Series A investment co-led by Foundation Capital.
The post BCB Group raises a $60 million Series A round co-led by Foundation Capital appeared first on The Block.
Twitter is hiring a senior product manager to join its in-house crypto team.
The post Twitter is growing its in-house crypto team appeared first on The Block.
Bitcoin’s price rose more than 11% during Monday afternoon trading after falling precipitously earlier in the day.
The post Bitcoin climbs more than 10% following an ‘extraordinary’ recovery in US equities appeared first on The Block.
Crypto startup Blockchain.com is adding Tom Horton, the lead independent director from Walmart, to its own board.
The post Walmart director joins board for crypto wallet company Blockchain.com appeared first on The Block.
The leading Republican on the House Financial Services Committee has written to the committee chair to call for more crypto legislation.
The post Congressman McHenry says regulators are overstepping their bounds in the absence of crypto legislation appeared first on The Block.
US users will no longer be able to trade on Polymarket, the blockchain-based prediction market announced Monday.
The post Following CFTC settlement, prediction platform Polymarket geoblocks trades in the US appeared first on The Block.
Crypto exchange Coinbase has hired a Securities and Exchange Commission official as its new senior public policy manager.
The post Coinbase hires former SEC counsel to serve as senior public policy manager appeared first on The Block.
Quick Take
- Ribbon Finance automates options selling to harvest and auto-compound premiums for its depositors, abstracting away the complexity of options writing.
- The strike price is currently selected by the team using backtested black-box algorithms, but the team has plans to decentralize the strike selection process.
- Total value locked on Ribbon rises steadily but is still dwarfed by existing yield optimizing protocols.
Even crypto bull Su Zhu said the macro environment is more problematic for crypto than he originally anticipated.
The post Macro ‘contagion’ sends bitcoin to lowest level in six months appeared first on The Block.
Crypto stocks took a beating at the start of Monday’s trading session.
The post Crypto stocks kick off week down bad appeared first on The Block.
