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SushiSwap’s CTO resigns amid infighting

SushiSwap’s CTO resigns amid infighting

SushiSwap CTO Joseph Delong has resigned from the decentralized exchange effective immediately. Delong tweeted the news today.  

The post SushiSwap’s CTO resigns amid infighting appeared first on The Block.

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What we learned at Congress’ much-anticipated summit of crypto execs

Today’s hearing was the latest in a continuing trend: Congress is warming to crypto.

The post What we learned at Congress’ much-anticipated summit of crypto execs appeared first on The Block.

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Layer by Layer 2021 Review: Part 1

Quick Take

  • This is a section from The Block Research’s upcoming 2022 Digital Assets Outlook report
  • Layer-1 blockchains have seen significant growth throughout 2021, capturing market share from Ethereum and employing varied strategies to build their own ecosystems
  • Incentives and increased funding have played a key role in the growth of L1 platforms
  • With many L1 ecosystems reaching new all-time highs in total value locked, competition remains intense among DeFi protocols vying for user share

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Kickstarter announces plan for decentralized crowdfunding protocol built on Celo

The transition should be seamless, without affecting how users interact with the site, Kickstarter told Bloomberg. 

The post Kickstarter announces plan for decentralized crowdfunding protocol built on Celo appeared first on The Block.

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Messari launches new governance aggregator facilitating DAO participation

Messari Governor streamlines the confusing parts of participating in DAOs, such as keeping track of proposal information and their statuses. 

The post Messari launches new governance aggregator facilitating DAO participation appeared first on The Block.

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Reddit is bringing its tokenized Community Points to more subreddits

Social network Reddit is expanding its Community Points beta so any subreddit can now ask to create their own token.

The post Reddit is bringing its tokenized Community Points to more subreddits appeared first on The Block.

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Lightspeed Ventures’ top gaming VC explains how NFTs will revolutionize gaming

The Block’s Frank Chaparro chats with Amy Wu, Partner at Lightspeed Ventures, about blockchain gaming and NFTs.

The post Lightspeed Ventures’ top gaming VC explains how NFTs will revolutionize gaming appeared first on The Block.

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UK challenger bank Monzo raises $500 million as it readies crypto trading launch

UK challenger bank Monzo has hit a valuation of $4.5 billion after securing a $500 million funding round led by Abu Dhabi Growth Fund.

The post UK challenger bank Monzo raises $500 million as it readies crypto trading launch appeared first on The Block.

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November fintech VC roundup: Payments pay off as expenses startups shine

Quick Take

  • This month investors poured $10.4 billion into the fintech sector globally, with 21 mega-rounds of over $100 million. 
  • Payments fintechs were particularly prized by VCs — $3.4 billion went into the subsector in November. 

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EOS community halts payments worth $250 million in EOS to Block.one and Brock Pierce

The EOS community has canceled an ongoing payment of 67 million EOS to Block.one, part of which would have gone to Brock Pierce.

The post EOS community halts payments worth $250 million in EOS to Block.one and Brock Pierce appeared first on The Block.

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