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Custodial crypto lending and staking products ‘take on all the indicia’ of securities, Gensler tells The Block

Custodial crypto lending and staking products ‘take on all the indicia’ of securities, Gensler tells The Block

Speaking to The Block after the hearing, Gensler indicated that crypto lending and even staking platforms were likely to fall under the scope of U.S. securities laws.

The post Custodial crypto lending and staking products ‘take on all the indicia’ of securities, Gensler tells The Block appeared first on The Block.

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Nubank teams up with Creditas for secured loans

Two of Brazil’s most important fintechs are joining forces to improve access to digital lending options. Nubank will now offer its Brazilian customers access to secured loans, thanks to a partnership with Creditas.

The post Nubank teams up with Creditas for secured loans appeared first on The Block.

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Elizabeth Warren and Gary Gensler place Coinbase in oversight crosshairs

As Gensler pushes for greater SEC authority over crypto exchanges, Senator Warren has emerged as an ally.

The post Elizabeth Warren and Gary Gensler place Coinbase in oversight crosshairs appeared first on The Block.

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Unsuccessful attack on Ethereum managed to trick a few nodes

There was an unsuccessful attack on the Ethereum blockchain today that managed to dupe a few nodes for a period of time.

The post Unsuccessful attack on Ethereum managed to trick a few nodes appeared first on The Block.

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NFT scaling startup Immutable raises $60 million in Series B funding

Immutable, creators of Immutable X, raised $60 million in a new funding round — bringing its total funding to $77.5 million USD.

The post NFT scaling startup Immutable raises $60 million in Series B funding appeared first on The Block.

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Solana experiences transaction stoppage as developers report ‘intermittent instability’

Transaction blocks appear to be not processing on the Solana blockchain, according to available data and complaints from the network’s users.

The post Solana experiences transaction stoppage as developers report ‘intermittent instability’ appeared first on The Block.

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Jump Trading no longer wants to be secretive about its multi-billion dollar crypto operation

Jump Trading, once known as one of Chicago’s secretive trading firm, wants to be more public about its crypto operations.

The post Jump Trading no longer wants to be secretive about its multi-billion dollar crypto operation appeared first on The Block.

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Citi leads $15 million Series A for crypto data startup Amberdata

Amberdata, a crypto-focused data startup, has raised a $15 million Series A funding round led by Citi.

The post Citi leads $15 million Series A for crypto data startup Amberdata appeared first on The Block.

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Generative artist nets $5.38 million in latest Art Blocks hit

A generative artist has made 1,623 ether (around $5.38 million) through a sale on Art Blocks, the non-fungible token (NFT) platform.

The post Generative artist nets $5.38 million in latest Art Blocks hit appeared first on The Block.

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Crypto miner Argo Blockchain launches IPO on Nasdaq

Argo Blockchain, the London Stock Exchange-listed crypto mining company, has launched an Initial Public Offering in the United States.

The post Crypto miner Argo Blockchain launches IPO on Nasdaq appeared first on The Block.

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