Quick Take
- During September, the crypto industry kept up its frenetic pace of hiring, with many big changes.
- There were also a number of key promotions and exits.
In Q3, Greenidge earned revenue between $33 million and $37 million and reported a net loss of $16 million to $19 million.
The post Bitcoin miner Greenidge says it mined nearly $35 million in bitcoin during 2021’s third quarter appeared first on The Block.
The investigation and operation saw cooperation from a team of international law enforcement agencies.
The post International authorities arrest ransomware gang members in Ukraine appeared first on The Block.
Warsaw-based crypto startup Ramp has closed a $30 million Series A fundraise led by British venture capital firm Balderton Capital, according to three people close to the deal.
The post Warsaw-based crypto startup Ramp hits $300 million valuation in Series A raise: sources appeared first on The Block.
Quick Take
- Optimistic rollups have been used by protocols such as Optimism and Arbitrum to improve the scalability of Ethereum
- Arbitrum and Optimism have seen significant growth in the number of users and TVLs over the last few months
- Metis, an Optimism fork, aims to provide another optimistic rollup framework with a different optimization between transaction throughput and decentralization
- Metis’ native governance token, METIS, is already in circulation and Metis aims to bring its protocol to Ethereum mainnet in October
The Hong Kong Monetary Authority has published a technical whitepaper exploring possible design options for a potential retail CBDC.
The post Hong Kong explores technical aspects of a retail CBDC appeared first on The Block.
The SEC punted on four bitcoin ETF applications today, shifting deadlines into late November and December.
The post SEC rolls decisions on four bitcoin ETF applications to end of 2021 appeared first on The Block.
SolanaMonkeyBusiness, a collection of 5,000 NFTs minted on the Solana blockchain, sold an NFT for 13,027 SOL.
The post Solana NFT sells for $2.1 million, breaking previous network record appeared first on The Block.
Quick Take
- Major crypto trading firms are expanding beyond their core capacities and more broadly into the industry.
- GSR, Wintermute, and Jump Capital have been investing in early-stage crypto startups and projects.
“We must lock our digital doors,” the White House wrote.
The post Biden admin is convening 30 countries to talk ransomware and international cybercrime appeared first on The Block.
