The Solana blockchain is back online after an hours-long outage.
The post Solana blockchain validators restart network after transaction stoppage appeared first on The Block.
The amount of burned ETH since the introduction of EIP-1559 has broken the $1 billion mark, according to The Block’s Data Dashboard.
The post More than $1 billion worth of ether has been burned since Ethereum’s London upgrade appeared first on The Block.
While many considered highly-priced NFTs such as Bored Apes Yacht Club (BAYC) could be sound investments with decent returns, the lack of a proper pricing mechanism for NFTs could hamper the long-term development of the space. The absence of reference pricing may be a barrier to entry for investors.
The post Has the Absence of Pricing Prevented NFTs from Becoming A True Asset Class?? appeared first on The Block.
The marketplace acknowledged that its head of product purchased NFTs that he knew were going to be displayed prominently.
The post OpenSea confirms executive used insider knowledge when buying NFTs appeared first on The Block.
Crypto platform Abra has closed a $55 million Series C fundraise a little over a year after settling charges with U.S. regulators.
The post Crypto wealth manager Abra bags $55 million Series C raise appeared first on The Block.
Stablecoin issuer Tether says it has never held any commercial paper or other debt issued by Chinese real estate giant Evergrande.
The post Tether says it doesn’t hold any commercial paper issued by Evergrande appeared first on The Block.
The firm said in an earnings report Wednesday that it sold 5.9 million TH/s of hashing power during the quarter.
The post Canaan nets record bitcoin miner sales with $167 million in Q2 appeared first on The Block.
Quick Take
- The crypto/blockchain sector received nearly $2.1 billion in private investment across 124 funding rounds in August
- Two investment trends included capital injections towards Web3 technologies and exchanges in the Asia Pacific region
- For two consecutive months now, the NFTs/Gaming vertical has been the most common deal type
Steve Cohen continues to expand his reach over the crypto market.
The post Steve Cohen is backing a new crypto trading shop appeared first on The Block.
Square can reduce patent risk while growing open source platforms, apps, and services as a member of Open Invention Network.
The post Square joins patent non-aggression pact through Open Invention Network appeared first on The Block.
