Gary Gensler sends Elizabeth Warren a wish list of SEC authorities that require more congressional authorization.
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A commodity-focused fund managed by Neuberger Berman, a multi-billion-dollar asset manager, has opened the door to exposure to bitcoin and ether derivatives and investment vehicles, according to a regulatory filing on Wednesday.
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DeFi (decentralized finance) has expanded its frontiers beyond the imagination of users. From a TVL of just over USD 1 billion in June 2020, to the current staggering USD 80 billion, its exponential growth is becoming a focal point to measure the massive activity in the world of finance, not just the token economy.
The post MDEX: An Overlooked Decentralized Exchange? appeared first on The Block.
Quick Take
- In May 2021 alone, DeFi project users lost $210M.
- First of all, the damage was suffered by BSC projects, which often inherited similar vulnerabilities through forks.
- Later, due to the ease of deployment of forked contracts, DeFi exploits also took place on other EVM chains.
The Poly Network exploiter has started returning the stolen crypto assets less than a day after their ID was reportedly obtained.
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Five North American bitcoin mining firms have churned out a total of 1,802 bitcoin in July – on average 58% more than what they did in June.
The post These five North American firms mined 58% more bitcoin in July thanks to China appeared first on The Block.
The list of hedge funds breaking into the crypto market continues to grow, and it appears that Coinbase is winning a significant share of their business, according to the company’s second-quarter earnings release.
The post Coinbase says ten of the top 100 hedge funds by AUM are among its clientele appeared first on The Block.
FalconX earns unicorn status in $210 million Series C, the company announced Tuesday.
The post FalconX, buoyed by institutional crypto demand, raises $210 million appeared first on The Block.
Coinbase said Tuesday it’s working with PNC Bank, the fifth-largest bank in the U.S., on a previously undisclosed crypto project.
Coinbase brought in roughly $2 billion in second-quarter revenue, with the vast majority of that amount coming in the form of transaction revenue from its retail customer base.
The post Coinbase reports $2 billion in net revenue for second quarter of 2021 appeared first on The Block.
