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What to Do About the Looming Disaster for Crypto in 6050I

What to Do About the Looming Disaster for Crypto in 6050I

The latest from the Infrastructure bill plus recent SEC statements on enforcement.

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Chinese police seize $62 million in alleged Filecoin miner Ponzi scheme

Chinese police have confiscated crypto assets worth $62.5 million in a crackdown on an alleged Filecoin miner Ponzi scheme.

The post Chinese police seize $62 million in alleged Filecoin miner Ponzi scheme appeared first on The Block.

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House Sends Infrastructure Bill With Crypto Tax Provision to US President

The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting requirement.

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NFTs: Tools for Art, Advocacy and Activism

The great phenomenon of NFTs is sweeping through society.

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October blockchain funding recap

Quick Take

  • In October, venture capitalists deployed nearly $3.4 billion across 163 crypto-related startups and projects. 
  • Interest in the NFTs/Gaming vertical was so high that it had a historic month in deals (68), which represented nearly 42% of crypto deals that occurred last month
  • Later stage deals are on pace to materially outpace Q3 after one month, with 6 already occurring during the first month of Q4

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Paradigm co-founder Matt Huang joins board of directors for Stripe

Huang’s new board position comes three weeks after Stripe sought to hire four crypto-focused engineers.

The post Paradigm co-founder Matt Huang joins board of directors for Stripe appeared first on The Block.

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Bakkt is about to launch ETH trading on its platform, which previously only offered Bitcoin

On November 5, crypto platform Bakkt announced that it would incorporate Ether onto its platform, which had previously limited offerings to Bitcoin.  A representative for the firm told The Block that “We have received all required approvals and have already built the necessary technology to begin offering Ethereum on the Bakkt platform. These capabilities will […]

The post Bakkt is about to launch ETH trading on its platform, which previously only offered Bitcoin appeared first on The Block.

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NFTs Take Over NYC

Five takeaways from a momentous week for non-fungible tokens.

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[SPONSORED] Huobi Tech CFO Lily Zhang Discusses Global Crypto Development at Hong Kong Fintech Week

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Crypto market surveillance firm Solidus Labs raises $15 million

The startup intends to bolster its crypto-native market risk monitoring tools — particularly with DeFi and NFT compliance — with the funds.

The post Crypto market surveillance firm Solidus Labs raises $15 million appeared first on The Block.

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