NFTs are increasingly being used as collateral to take out loans. Now a new record has been broken.
The post Someone took out a $1.4 million loan with an NFT as collateral appeared first on The Block.
The frenzy for Tungsten Cubes may seem like a frivolous meatspace meme. But some profound truths lurk within all that heavy metal.
The initiative moves Coinbase into lending while allowing customers to keep a portion of their bitcoin holdings.
The Series B round was led by Polychain Capital and Hack VC.
In a protocol upgrade Wednesday morning, Stellar has launched an automated market maker (AMM) that will operate alongside its orderbook-based router and matching engine.
U.S. Representatives Tom Emmer and Darren Soto are calling on the Securities and Exchange Commission and its chair, Gary Gensler, to approve a spot bitcoin exchange-traded fund.
The post US lawmakers call on SEC chair Gensler to approve a spot bitcoin ETF appeared first on The Block.
The Biden administration has formally nominated its pick for the Office of the Comptroller of the Currency.
The post Biden formalizes nominee to lead the US national bank regulator. What does she think about crypto? appeared first on The Block.
To mitigate the issue, one major mining firm said it intends to continue chartering flights to ensure their deliveries are on-time.
The post The global supply chain crisis is disrupting shipments to US bitcoin mining firms appeared first on The Block.
Quick Take
- Last month, the were a number of big moves within the crypto industry.
- VC firms, crypto exchanges and banks have all been making key hires.
During this episode, The Block’s Frank Chaparro sat down with Aave founder and CEO Stani Kulechov
The post A deep dive into Aave’s DeFi ecosystem with founder Stani Kulechov appeared first on The Block.
