Since the Ethereum London upgrade was activated, more than 32,000 ETH has been burned — worth more than $100 million.
The post Ethereum network burns $100 million of ETH in first week after London upgrade appeared first on The Block.
Quick Take
- This research report is part of a series produced by The Block Research to provide insights and due diligence on some of the leading companies in the digital asset ecosystem.
- Founded in 2014, Chainalysis is a blockchain intelligence software developer
- All data presented in this report has been updated as of August 02, 2021.
Football star Lionel Messi has received “a large number” of PSG fan tokens as part of his package at Paris Saint-Germain.
The post Messi receives ‘large number’ of crypto fan tokens as part of his PSG package appeared first on The Block.
Quick Take
- Ether (ETH) demand among institutions is surging.
- That’s pushing firms like NYDIG and Fidelity to expand their services for the crypto.
- Sources say Fidelity’s clients are increasingly asking for ETH support, while NYDIG has already been offering custody for select clients.
Last week, Securities and Exchange Commission chairman Gary Gensler appeared to express particular interest in exchange-traded products tied to bitcoin futures. In the wake of that speech, several companies have moved to submit proposals for just such products, with asset manager Valkyrie becoming the latest to do so on Wednesday. According to a draft prospectus […]
The post Valkyrie becomes latest firm to file for bitcoin futures ETF after Gensler comments appeared first on The Block.
The Justice Department said Wednesday that a former fintech CEO has been sentenced to six years in prison after pleading guilty to charges related to COVID-19 pandemic loan fraud and crypto investment fraud.
The post CEO sentenced to 6 years for COVID relief fraud, ICO fraud and more appeared first on The Block.
Accenture said it recovered after a LockBit ransomware attack, but Twitter users note the firm’s data has already been leaked on the darknet.
The post Consulting firm Accenture claims ‘no impact’ from Wednesday ransomware attack appeared first on The Block.
Representative Don Beyer’s bill is unusually comprehensive, but also allocates a great deal of authority to the discretion of agencies rather than statute.
The post Gary Gensler wants Congress to build a new framework for crypto oversight. A new bill aims to do just that appeared first on The Block.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.
The post Layer-1 Platforms: A Framework for Comparison appeared first on The Block.
Kristin Smith, executive director of the Blockchain Association, talks policymaking and crypto during this episode of The Scoop podcast.
The post The Blockchain Association’s Kristin Smith breaks down what’s next in Washington’s bitcoin policy fight appeared first on The Block.
