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London travel network cracks down on crypto ads amid regulation blitz

London travel network cracks down on crypto ads amid regulation blitz

TfL has been monitoring crypto advertising since 2018, but only recently decided to take a harder line on approvals.

The post London travel network cracks down on crypto ads amid regulation blitz appeared first on The Block.

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Comparing sharding technologies

Quick Take

  • There are two main types of sharding for blockchains: state and network
  • State sharding is typically more difficult to execute but scales blockchains more sustainably than network sharding
  • Contrary to the belief that shard chains are fully functional, most shard chains are currently mainly utilizing a single shard for smart contracts to reduce the technical complexity
  • The eventual growth in shard chains can serve as a useful precursor for the development of Ethereum 2.0 shard chains

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Following energy shortage, Kazakhstan is reining in 2021’s stampede of crypto miners

Kazakh officials assure crypto miners that they will be able to continue operating as long as they report to regulators.

The post Following energy shortage, Kazakhstan is reining in 2021’s stampede of crypto miners appeared first on The Block.

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Aave launches permissioned DeFi platform Aave Arc, Fireblocks becomes first whitelister

Aave has launched its permissioned DeFi platform for institutions. Fireblocks is the first whitelister.

The post Aave launches permissioned DeFi platform Aave Arc, Fireblocks becomes first whitelister appeared first on The Block.

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[SPONSORED] CoinFLEX: A Retrospective on Crypto Derivatives Innovation in 2021

Quick take:

FLEX has grown from $0.05 in December 2020 to more than $5 today, representing 100x+ growth
Assets under custody hit $1.2 billion
CoinFLEX’s repo market went from millions to billions of dollars per day in volume
flexUSD market cap reached $370 million and has paid out $17 million in interest to holders
CoinFLEX’s automated market maker (AMM+) hit $100 million in assets

The post CoinFLEX: A Retrospective on Crypto Derivatives Innovation in 2021 appeared first on The Block.

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Quentin Tarantino moves forward with ‘Pulp Fiction’ NFT auction despite Miramax lawsuit

Tarantino and his partner SCRT Labs plan to auction seven chapters of the ‘Pulp Fiction’ script despite legal resistance from Miramax.

The post Quentin Tarantino moves forward with ‘Pulp Fiction’ NFT auction despite Miramax lawsuit appeared first on The Block.

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Ethereum-based video streaming platform Livepeer raises $20 million in new funding

Alan Howard and Tiger Global participated in the round, along with existing investors such as DCG and Northzone.

The post Ethereum-based video streaming platform Livepeer raises $20 million in new funding appeared first on The Block.

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OpenSea eyeing raise that would value it at $13 billion, with backing from Coatue and Paradigm: sources

OpenSea, the leading NFT marketplace, was originally eyeing to raise at a $15 billion valuation, according to sources.

The post OpenSea eyeing raise that would value it at $13 billion, with backing from Coatue and Paradigm: sources appeared first on The Block.

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UK regulator bans two Crypto.com ads in latest crackdown

The UK’s marketing regulator on Wednesday said it had banned two adverts from Crypto.com following a complaint. 

The post UK regulator bans two Crypto.com ads in latest crackdown appeared first on The Block.

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Why DeFi platform WonderFi is acquiring crypto exchange Bitbuy

Kevin O’Leary explains why WonderFi, a DeFi project he backs, is acquiring Canadian crypto exchange Bitbuy for $162 million.

The post Why DeFi platform WonderFi is acquiring crypto exchange Bitbuy appeared first on The Block.

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