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Former Monero lead maintainer Riccardo Spagni released from jail

Former Monero lead maintainer Riccardo Spagni released from jail

Former Monero lead maintainer Riccardo Spagni has been released from court today after he was arrested over alleged fraud at a cookie company.

The post Former Monero lead maintainer Riccardo Spagni released from jail appeared first on The Block.

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Compass Mining launches ‘at-home’ bitcoin mining service

ompass Mining has launched a new service that lets retail miners mine bitcoin at their homes.

The post Compass Mining launches ‘at-home’ bitcoin mining service appeared first on The Block.

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BitClout creator launches ‘Decentralized Social’ blockchain with $200 million in funding from a16z and others

BitClout creator Nader Al-Naji has launched the “Decentralized Social” blockchain with $200 million in funding from a16z and others.

The post BitClout creator launches ‘Decentralized Social’ blockchain with $200 million in funding from a16z and others appeared first on The Block.

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A look at cross-chain swaps

Quick Take

  • The liquidity fragmentation in DeFi between different blockchains and L2 solutions is starting to become an issue.
  • Anyswap has been gaining popularity since March this year, although it doesn’t allow to swap one asset to another between blockchains.
  • THORChain could potentially be a pioneer in addressing fragmentation, but recent exploits have significantly slowed down the protocol development.

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Tiger Global leads $130 million raise for open banking startup TrueLayer

London-based open banking firm TrueLayer has closed a $130 million fundraise led by Tiger Global Management.

The post Tiger Global leads $130 million raise for open banking startup TrueLayer appeared first on The Block.

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Fantasy soccer NFT platform Sorare scores $680 million raise led by SoftBank

Sorare, a soccer-focused NFT trading platform, has announced a $680 million Series B fundraise led by SoftBank.

The post Fantasy soccer NFT platform Sorare scores $680 million raise led by SoftBank appeared first on The Block.

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Talk of SEC subpoenas swirls at New York crypto event as regulatory scrutiny grows

Rumors swirled at a New York crypto event Monday that the Securities and Exchange Commission had subpoenaed one of the speakers.

The post Talk of SEC subpoenas swirls at New York crypto event as regulatory scrutiny grows appeared first on The Block.

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Crypto services startup Ripio raises $50 million in Series B funding round

Latin America-based blockchain firm Ripio has raised $50 million in a new Series B funding round.

The post Crypto services startup Ripio raises $50 million in Series B funding round appeared first on The Block.

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SEC files enforcement action against alleged crowdfunding scheme

The case against the alleged crowdfunding scheme represents early enforcement steps related to crowdfunding rules.

The post SEC files enforcement action against alleged crowdfunding scheme appeared first on The Block.

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The IRS says it plans to award contract for crypto startup’s cross-chain tracing software

A notice published last week by the Internal Revenue Service indicates that the U.S. tax agency wants to beef up its capacity to track cross-chain transactions.

The post The IRS says it plans to award contract for crypto startup’s cross-chain tracing software appeared first on The Block.

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