Several of the largest crypto miners have seen their share price halve in the past few months.
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MoonPay has splashed 900 ether (roughly $3 million) on a rare item from the CryptoPunks collection.
The post MoonPay — the unicorn snapping up NFTs for celebs — just bought a $3 million punk appeared first on The Block.
Quick Take
- Curve is the largest DeFi protocol by value locked, and liquidity providers (LPs) on Curve are rewarded with CRV tokens.
- CRV can be locked to boost LP rewards, earn protocol revenue, and vote on proposals related to reward allocation.
- Convex and Votium are tools built on top of Curve that increase the economic efficiency of locked CRV tokens.
- More than 80% of value locked on Curve originates from Convex.
The US securities regulator charged Craig Sproule and his two companies over an ICO of the firms’ Crowd Machine Compute Tokens.
The post SEC charges Crowd Machine over allegedly unregistered ICO appeared first on The Block.
A Thursday report from the Wall Street Journal offered new details on the nascent non-fungible token (NFT) platform being pursued by the publicly traded gaming retailer GameStop.
The post GameStop eyes partnerships, investments with crypto companies to boost NFT platform plan appeared first on The Block.
“There will be far more damage below $40k where more levered long stops live,” commented Genesis’s Josh Lim.
The post Crypto traders fret an overheated futures market amid fall in spot prices appeared first on The Block.
The Japanese firm Konami follows other video game companies such as Square Enix and Ubisoft in entering the NFT space.
The post Gaming giant Konami celebrates Castlevania’s 35th anniversary with NFT collection appeared first on The Block.
Peter Marton announced on LinkedIn in a Wednesday evening post that he accepted the position with New York’s financial regulator.
The post NYDFS installs a deputy superintendent for crypto appeared first on The Block.
Quick Take
- Crypto advertising has become increasingly prolific on London’s transport network, according to data released to The Block via a freedom of information request.
- Luno appears to have splashed out the most on inner-city transport ads in the last two years.
- Others that advertised in 2021 included Hakuna Matata, Floki, eToro, Coinbase, Crypto.com, Coinfloor and BOTs.
Chainalysis concludes that the growth rate for legitimate crypto transactions far exceed crime-related ones.
The post Crypto crime was the highest — and lowest — ever in 2021: Chainalysis appeared first on The Block.
