Quick Take
- 2021 was a record year for crypto-related monetary sanctions from the SEC and CFTC
- The Block Research analyzed press releases from the SEC and the CFTC to draw insights on crypto-related enforcement efforts
The U.S. Securities and Exchange Commission has rejected a proposed effort to list a spot bitcoin exchange-traded fund.
The post SEC rejects VanEck’s spot bitcoin ETF appeared first on The Block.
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Bakkt’s first quarterly financial report as a public company shows the company earning $9.1 million in revenue at a $28.8 million net loss.
The post Digital asset platform Bakkt reports $28.8 million net loss in Q3 appeared first on The Block.
Crypto has come a long way from its fringe origins, and even though there are still questionable projects to this day there is no denying that the overall asset class is increasingly gaining legitimacy.
The post How to build lasting wealth through crypto investments appeared first on The Block.
Quick Take
- Investors are looking to snap up land in the digital metaverse, and new products are emerging to help them do that.
- But how do you value virtual land in a limitless digital world?
Quick Take
- Pocket Network launched in July 2020 as an independent, application-specific blockchain solution to the node incentivization problem
- Despite exogenous benefits to running full nodes such as increased privacy and security, there is a lack of endogenous or native incentives for individuals and companies to run full nodes for multiple blockchains
- Pocket Network set out to solve this problem by creating a two-way marketplace between applications and relay nodes, where applications stake POKT to pay relay nodes to service API requests
- Here, we examine Pocket network activity and revenue to understand the surge in activity over the past couple of months
Dating app Bumble is exploring how to integrate the metaverse and Web 3.0 into a relaunch of its platform for finding friends, executives said this week.
The post Bumble is swiping right on Web 3.0 and the Metaverse appeared first on The Block.
During a web forum, Mairead McGuinness said that the commission is hoping to finalize its proposed regulatory sandbox for financial products on distributed ledger technology (DLT) by the end of the year.
Bitcoin (BTC) is pulling back from its all-time price high near $69K. Buyers appear to be taking some profits, although support around $56K-$60K could stabilize the pullback.
