Paradigm is raising a $1.5 billion round, according to sources familiar with the raise. It’s also made a hire to build out the fund.
The post Paradigm onboards new partner amid $1.5 billion raise appeared first on The Block.
ConsenSys is raising again — and this time at a valuation of $3 billion, sources tell the Financial Times.
The post ConsenSys plans funding round at $3 billion valuation appeared first on The Block.
Artist Jason Peterson, who recently painted a mural of American rapper Kanye West in Chicago, is selling the artwork as an NFT on the Avalanche blockchain.
The post The artist who painted Kanye West mural in Chicago will sell it as an NFT on Avalanche appeared first on The Block.
A borrower put up an NFT that’s now worth $340,000 to take out a loan. When the loan wasn’t repaid, the lender received the valuable NFT.
The post DeFi meets NFTs: How a lender received a $340,000 NFT after a loan wasn’t repaid appeared first on The Block.
OpenSea, the online marketplace for NFT trading, has suspended trading in a pixelated turtle project claiming it broke rules related to carrying out financial activities.
The post OpenSea delists DAO Turtles project citing financialization concerns appeared first on The Block.
The terms and conditions for FTX’s upcoming marketplace says it won’t list projects that offer royalties. Here’s why.
The post Why FTX’s upcoming marketplace is avoiding NFTs that offer royalties appeared first on The Block.
Quick Take
- Disclaimer: The Block Research team has, is, and will be experimenting with the various protocols, projects, and applications mentioned in this series. The projects mentioned in our reports are not recommendations from our team and should not be misconstrued as investment advice. Many projects that appear in this series are highly experimental and, as such, will come with risks. Readers should evaluate their own risk tolerance before experimenting with these projects.
- DeFi Digest is a series that summarizes recently launched projects and applications that our research team found interesting.
- This week’s digest looks at JPEG’d and NiftyOptions
El Salvador President outlined the plan to build a veterinary hospital using a $4 million surplus from the nation’s bitcoin trust.
The post El Salvador’s president tweets plan to use bitcoin profits to build an animal hospital appeared first on The Block.
Bitcoin mining hardware manufacturer Bitmain has said it will no longer deliver its equipment in mainland China.
The post Bitmain says it will no longer ship bitcoin miners in mainland China appeared first on The Block.
CAA, a leading Hollywood talent agency with high-profile clients such as Beyonce and Shakira, has signed a deal with famous NFT collector “0xb1.”
The post Hollywood talent agency CAA signs NFT collector ‘0xb1’ to help them monetize their pieces appeared first on The Block.
