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Samsung enters the metaverse, opening its flagship 837 store in Decentraland

Samsung enters the metaverse, opening its flagship 837 store in Decentraland

Samsung Electronics America has entered the metaverse world in collaboration with Decentraland, an Ethereum-based virtual reality platform.

The post Samsung enters the metaverse, opening its flagship 837 store in Decentraland appeared first on The Block.

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Shares in LSE-listed Kazakh super-app Kaspi plummet as unrest continues

The share price of Kaspi, the LSE-listed fintech super-app used by around half of the Kazakh population, has fallen sharply.

The post Shares in LSE-listed Kazakh super-app Kaspi plummet as unrest continues appeared first on The Block.

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Daughter of former Blockbuster CEO joins BlockbusterDAO’s core team

The crypto project hoping to turn around Blockbuster’s fate has onboarded someone who is no stranger to the company.

The post Daughter of former Blockbuster CEO joins BlockbusterDAO’s core team appeared first on The Block.

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2 crypto M&A shops are merging ahead of a wave of expected deal-making activity

“We anticipate a number of M&A themes to play out in 2022,” said Architect Partner’s Eric Risley.

The post 2 crypto M&A shops are merging ahead of a wave of expected deal-making activity appeared first on The Block.

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Crypto bank Sygnum raises $90 million, now valued at $800 million

Swiss crypto bank Sygnum has raised $90 million in Series B funding. The firm is now valued at $800 million.

The post Crypto bank Sygnum raises $90 million, now valued at $800 million appeared first on The Block.

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Congress is preparing an oversight hearing on Bitcoin mining’s environmental impact: sources

A Congressional subcommittee is preparing a hearing to examine the environmental impact of cryptocurrencies, especially bitcoin mining, three sources with knowledge of the matter have told The Block.

The post Congress is preparing an oversight hearing on Bitcoin mining’s environmental impact: sources appeared first on The Block.

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Bitcoin’s price hits 1-month low as US stock prices fall

Bitcoin’s price fell to a one-month low on Wednesday amid a broader decline across stock markets.

The post Bitcoin’s price hits 1-month low as US stock prices fall appeared first on The Block.

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MoneyGram buys minority stake in crypto company Coinme

MoneyGram, the publicly traded money transfer company, has completed a strategic minority investment in Coinme, a cryptocurrency cash exchange in the US, the company announced today.

The post MoneyGram buys minority stake in crypto company Coinme appeared first on The Block.

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Key crypto hires, exits and moves: December 2021

Quick Take

  • December closed off a big year for crypto hiring, with many crypto firms closing at double their size.
  • Last month saw a range of big hires and a number of notable exits from companies focused on specific blockchains, like Tron and NEAR.

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Bitcoin mining pool hashrates fall amid Kazakhstan internet shutdown

Kazakhstan’s government has cut off internet access amid escalating protests, and the country’s bitcoin mining operations appear to be caught up in the fray.

The post Bitcoin mining pool hashrates fall amid Kazakhstan internet shutdown appeared first on The Block.

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