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DAO infrastructure platform Layer3 raises $2.5 million in seed funding 

DAO infrastructure platform Layer3 raises $2.5 million in seed funding 

Crypto startup Layer3, which provides tools for DAOs, has raised $2.5 million in a seed funding round.

The post DAO infrastructure platform Layer3 raises $2.5 million in seed funding  appeared first on The Block.

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Visa develops interoperability concept for central bank digital currency payments

Visa has developed a conceptual protocol that shows how various CBDCs can be interoperable with each other to make payments.

The post Visa develops interoperability concept for central bank digital currency payments appeared first on The Block.

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Crypto treasury management platform Coinshift raises $2.5 million in seed funding

Crypto treasury management platform MultiSafe has rebranded to Coinshift and announced $2.5 million in a seed funding round.

The post Crypto treasury management platform Coinshift raises $2.5 million in seed funding appeared first on The Block.

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Layer by Layer Issue 9: Solana, Terra, Cosmos, and Binance Smart Chain

Quick Take

  • In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
  • Layer 1 and 2 chains have been largely built out with scalability in mind, but increased activity brings its own challenges for each ecosystem
  • This week, we take a look at Solana, Terra, Cosmos, and Binance Smart Chain

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Compound bug leaves $80 million in COMP at risk of being misrewarded

A new upgrade to the Compound Finance protocol has contained a bug that leaves some users with unusual amounts of COMP token as rewards to be claimed.

The post Compound bug leaves $80 million in COMP at risk of being misrewarded appeared first on The Block.

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Coinbase Pro to add support for Avalanche’s AVAX token

Coinbase Pro will soon open trading of Avalanche (AVAX) tokens on its platform.

The post Coinbase Pro to add support for Avalanche’s AVAX token appeared first on The Block.

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Members of Congress ask Fed chair Powell to account for central bank work on crypto

The Fed Chairman has become the subject of a tide of scrutiny from blockchain advocates in Congress.

The post Members of Congress ask Fed chair Powell to account for central bank work on crypto appeared first on The Block.

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DEX aggregator 1inch blocks out US trades in preparation for separate American platform

It appears to be a new initiative to protect the aggregator from U.S. regulators.

The post DEX aggregator 1inch blocks out US trades in preparation for separate American platform appeared first on The Block.

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Twitter exec reveals test footage of verification tools for NFT profile pictures

In addition to verified NFT profile pictures, users may display other NFTs they own through the upcoming “Collectible” menu option.

The post Twitter exec reveals test footage of verification tools for NFT profile pictures appeared first on The Block.

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CFTC charges 12 crypto options merchants with failure to register

The Commodity Futures Trading Commission is setting its sights on options trading firms that it says have failed to register.

The post CFTC charges 12 crypto options merchants with failure to register appeared first on The Block.

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